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Know CIMA better

During my time here at Tradeview Markets, many people ask me about the Cayman Islands Monetary Authority (CIMA) Regulatory body. I have gathered some information and facts in this article to help people understand CIMA regulation better.


CIMA opened its doors on January 1st, 1997, with a mission to protect and increase the reputation of the Cayman Islands as an international financial center. They hired a team of highly skilled professionals to create a stable currency and institute some of the best regulation practices in the industry.

Their Vision Statement as per their website is:

“Committed to continually enhancing the Cayman Islands Monetary Authority’s position as financial services regulator of EXCELLENCE, consistent with the jurisdiction’s standing as a leading International Financial Centre.”

What does CIMA do?

CIMA basically has four principal functions: Monetary, Regulatory, Cooperative, and Advisory.

Monetary: Issuance and improvement of Cayman Islands currency and managing of currency reserves.

Regulatory: CIMA regulatory practices cover the following:

  • Regulation and supervision of the financial services sector.
  • Monitoring of compliance with Anti Money Laundering regulations.
  • Issuing of a regulatory handbook on policies and procedures, as well as best practices.
  • Issuing of rules and codes of conduct on principles and guidance.

Cooperative: Cooperating with overseas regulatory bodies, in line with MOU to help with consolidated regulation. For example, the SEC or Abu Dhabi Global Markets (ADGM)

Advisory: The provision of advice to the Cayman Islands government regarding monetary, regulatory, and cooperative matters.

Some Interesting facts about CIMA:

  • The Cayman Islands maintained its leading position as an international banking center in 2015. They were ranked 6th and 7th in terms of liabilities and cross border assets, which were $1.4 trillion and $1.5 trillion respectively, according to a Banking Digest report released March 14th
  • As of September 2016, there are 175 licensed and registered banks under CIMA.
  • CIMA is the primary regulator of the Cayman Islands financial service industry. It supervises and regulates Banks, Brokerages, Mutual Funds, and Trusts.
  • As a Regulator, CIMA is responsible for maintaining and managing the Cayman Islands currency and currency reserves.

Tradeview Markets management decided to choose the Cayman Islands jurisdiction as its regulatory body for its size. Reputation, and reliability. These criteria were among significant factors when it came to choosing a regulatory body. It is crucial to choose a regulatory body where all the stakeholders can rest assure they are protected by the law.

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Tradeview Ltd.

Is licensed to carry on securities investment business and is regulated by the Cayman Islands Monetary Authority (CIMA) as a full securities broker-dealer. Tradeview conducts business pursuant to the Cayman Islands Securities Investment Business Law (SIBL) and its activities fall under the direct supervision of the Investments and Securities Division of CIMA.
Headquarters: 5th Floor Anderson Square, 64 Shedden Road, Georgetown, Grand Cayman, Cayman Islands KY1-1002, BWI.

Tradeview Asia Ltd.

Is licensed and regulated by the Labuan Financial Services Authority (FSA) as a Money Broker, registration number LL15870 licensed to facilitate transactions in foreign exchange pursuant to Labuan Financial Services and Securities Act 2010, the Labuan Companies Act 1990 and the Labuan Business Activity Tax Act 1990.
Headquarters: International Business Financial Centre at Office 5, Jamie Business Center I, Unit F10, First Floor, Paragon Labuan, Jalan Mustapha, 87000 Labuan F.T.

Tradeview Europe Ltd.

Is licensed as a Category 2 Investment Service Company and is regulated by the Malta Financial Services Authority (MFSA). The Malta Financial Services Authority (MFSA) is the single regulator for financial services in Malta. MFSA is a fully autonomous public institution and reports to Parliament on an annual basis. The MFSA is a member of the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA) and the International Organization of Securities Commissions (IOSCO) and is a signatory of the Multilateral Memorandum of Understanding with other European regulatory Institutions. Tradeview is authorized to provide financial services across multiple asset classes and is passported in the EU/EEA under MiFID II (EU Markets in Financial Instruments Directive).
Headquarters: 157 Archbishops Street, Valletta VLT Malta 1440.

Tradeview Financial Markets S.A.C Global

Is authorized to conduct business pursuant to and in compliance with the General Law of Companies (LGS) promulgated by the government of Peru. Tradeview Financial Markets S.A.C is registered with the National Superintendence of Public Registries (SUNARP), company number 13089531. Tradeview Financial Markets S.A.C provides financial services in selected OTC derivative markets in compliance with all applicable government regulations.
Headquarters: Los Mirtos 239 Urb. San Eugenio, Lince, Lima, Perú.