# Fintech licensing in Cayman Islands

Source page: https://protegra.io/licensing/jurisdictions/cayman-islands/

In Cayman Islands, fintech and crypto licences are issued by the Cayman Islands Monetary Authority (CIMA). The Atlas covers 7 licence types there, in 5 families: bank, fund manager, investment firm, trust and corporate services and virtual asset service provider. Each licence page lists its legal basis, fees and decision period with sources.

## Financial regulators in Cayman Islands

- [Cayman IslandsCayman Islands Monetary Authority (CIMA)CIMA is the Cayman Islands' primary financial services regulator: it manages the local currency, supervises banks, trusts, insurers, investm](https://protegra.io/licensing/regulators/cima-cayman/)

## Fintech licences available in Cayman Islands

### [Bank / credit institution](https://protegra.io/licensing/licences/bank/)

- [Bank · Cayman IslandsBank Licence (Category A and Category B) under the Banks and Trust Companies ActCIMA](https://protegra.io/licensing/licences/bank/cayman-islands/)

### [Fund manager](https://protegra.io/licensing/licences/fund-manager/)

- [FM · Cayman IslandsRegulated Mutual Fund (registered, master, or administered fund under the Mutual Funds Act)CIMA](https://protegra.io/licensing/licences/fund-manager/cayman-islands-mutual/)
- [FM · Cayman IslandsRegistered Private Fund under the Private Funds ActCIMA](https://protegra.io/licensing/licences/fund-manager/cayman-islands-private/)

### [Investment firm / broker-dealer](https://protegra.io/licensing/licences/investment-firm/)

- [IF · Cayman IslandsSecurities Investment Business Licence / Registered PersonCIMA](https://protegra.io/licensing/licences/investment-firm/cayman-islands/)

### [Trust and corporate service provider (TCSP)](https://protegra.io/licensing/licences/trust-company/)

- [TCSP · Cayman IslandsTrust Licence / Nominee Trust Company Licence under the Banks and Trust Companies ActCIMA](https://protegra.io/licensing/licences/trust-company/cayman-islands/)

### [Virtual asset service provider (non-MiCA)](https://protegra.io/licensing/licences/vasp/)

- [VASP · Cayman IslandsVirtual Asset Service Provider Licence (custody or trading platform services, Phase 2)CIMA](https://protegra.io/licensing/licences/vasp/cayman-islands-licence/)
- [VASP · Cayman IslandsVirtual Asset Service Provider RegistrationCIMA](https://protegra.io/licensing/licences/vasp/cayman-islands-registration/)

## Main laws

- [Virtual Asset (Service Providers) Act (2024 Revision)](https://protegra.io/licensing/laws/ky-virtual-asset-service-providers-act/): Law 14 of 2020 (2024 Revision)

## Path to market

Start by mapping the activities you plan to offer onto the licence types above; the activity pages show which licence permits each one. The application goes to CIMA, together with the capital, governance and AML documentation the licence page lists.

Last verified: · Author: Danil Marmysh · Reviewed by Anastasia Sidorenkova · © Protegra. Data: CC BY 4.0, cite "Protegra Licensing Atlas". Not legal advice.