Cayman Islands Anti-Money Laundering Regulations
The AMLRs under the Proceeds of Crime Act, read with CIMA's Guidance Notes — departure from the Guidance Notes without justification is treated as non-compliance.
- Issued by
- Cayman Islands Monetary Authority
- Applies in
- Cayman Islands
- Edition
- 2025 Revision
- Area
- Financial crime (AML/CFT/CPF)
What an assessor reads first.
The headline requirements in Amoreg’s catalogue, in the issuer’s own numbering where it has one. They are where a review starts, not a transcription of the text.
- Reg.5Risk assessment and risk-based proceduresRisk assessment
- Reg.8Identification and verification proceduresCustomer due diligence
- Reg.19Ongoing monitoringMonitoring
- Reg.26Targeted financial sanctions screeningScreening
- Reg.34AMLCO, MLRO and DMLRO appointmentsGovernance
- Reg.35Internal reporting proceduresReporting
- Reg.36Record keepingRecords
- Reg.38Training and awarenessTraining
How Amoreg keeps you on it.
Enable the Cayman Islands Anti-Money Laundering Regulations and add Cayman Islands Monetary Authority’s pages as a monitor of your own. Every publication it records keeps its source, stage and date.
Inspector reads your policies against these 8 requirements every week and opens a finding wherever one falls short, citing the rule and drafting the fix. A person decides what is applied.
Each week
- Read Cayman Islands Monetary Authority’s pages
- Check the library against 8 requirements
- Open findings with drafted fixes
- Wait for a person to decide
Policy does not yet set out: risk assessment and risk-based procedures
- Rule
- Cayman Islands Anti-Money Laundering Regulations, Reg.5
- Area
- Risk assessment
- Proposed by
- Inspector
- Decided by
- A named person, once reviewed
The same ground, elsewhere.
- FATF RecommendationsThe 40 Recommendations — the international standard every national AML/CFT/CPF regime is measured against.Global · 8 controls
- Wolfsberg Group StandardsIndustry standards for correspondent banking, the CBDDQ/FCCQ questionnaires and effectiveness-based AML programmes.Global · 4 controls
- GFSC Handbook on Countering Financial Crime (AML/CFT/CPF)The Bailiwick's AML/CFT/CPF rules and guidance for financial services businesses and prescribed businesses, issued under the Criminal Justice (Proceeds of Crime) regulations.Guernsey · 8 controls
- JFSC AML/CFT/CPF HandbookHandbook for the prevention and detection of money laundering, terrorist financing and proliferation financing under the Money Laundering (Jersey) Order 2008.Jersey · 8 controls
- Isle of Man AML/CFT Code 2019The Anti-Money Laundering and Countering the Financing of Terrorism Code 2019, with the FSA's AML/CFT Handbook as guidance.Isle of Man · 8 controls
- BVI Anti-Money Laundering Regulations & Code of PracticeThe AML Regulations 2008 and the AML and Terrorist Financing Code of Practice 2008, as amended by the FSC.British Virgin Islands · 8 controls
Also in Cayman Islands
- Cayman Islands Data Protection ActEight data protection principles modelled on the UK Data Protection Act 1998, in force since 2019.Cayman Islands · 6 controls
- CIMA Rule and Statement of Guidance on Corporate GovernanceCorporate governance requirements for all regulated entities, including funds and their operators.Cayman Islands · 4 controls
- Cayman Islands Mutual Funds Act & Private Funds ActRegistration, audit, valuation, safekeeping and cash-monitoring requirements for Cayman funds.Cayman Islands · 5 controls
- Economic Substance (Crown Dependencies & Overseas Territories)Substance requirements for relevant activities under the EU Code of Conduct Group commitments.Crown Dependencies & Overseas Territories · 4 controls
Questions
Does Amoreg watch for changes to the Cayman Islands Anti-Money Laundering Regulations?
Enable it and add the issuer’s pages as a monitor of your own. Every publication the Monitor records keeps its source, stage and date.
Can Amoreg check our policies against the Cayman Islands Anti-Money Laundering Regulations?
Yes. Inspector reads your library against its requirements every week and opens a finding, with the rule it cites and a proposed fix, wherever a policy falls short. A person decides what is applied.
Which edition does Amoreg use?
The catalogue records 2025 Revision. Editions were last verified in August 2026, and the Monitor records new publications as they appear.