Fintech and Financial Services
You’re offering a financial service in the Cayman Islands. The licence question comes before the product roadmap, not after it.
Information, not advice
This page is information, not legal advice about your matter. A retainer begins only when a lawyer confirms it.
Start here
Find out whether you need your own licence
Whether CIMA treats what you do as securities investment business or a virtual asset service, and which registration follows.
What to work through, in order
The licence question
Whether the activity is securities investment business, a virtual asset service, or money services business. CIMA administers all three with different thresholds.
Client money and safeguarding
Client asset segregation and reconciliation are supervisory priorities for CIMA, alongside capital adequacy for the relevant licence category.
Conduct, complaints and vulnerable customers
CIMA’s statements of guidance address conduct and complaints handling, with an emphasis on documented procedures and senior accountability.
Next steps
What happens if you go ahead
Scoping call
Written scope and fixed-fee quote
Engagement, once a lawyer confirms
Who would handle it
Offices
New York
450 Park Avenue, 3rd Floor, New York NY 10022
San Francisco
28 Geary Street, Suite 625 #133, San Francisco CA 94108