The Cayman Islands Monetary Authority has four principal functions:
Monetary – The issue and redemption of Cayman Islands currency and the management of currency reserves.
Regulatory – The regulation and supervision of financial services, the monitoring of compliance with money laundering regulations, the issuance of a regulatory handbook on policies and procedures and the issuance of rules and statements of principle and guidance.
Cooperative – The provision of assistance to overseas regulatory authorities, including the execution of memoranda of understanding to assist with consolidated supervision.
Advisory – The provision of advice to the Government on monetary, regulatory and cooperative matters.
Below, you can see the list of brokers that are regulated and licensed by CIMA in Cayman Islands.
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