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  4. Cayman Islands: Annual renewal fees for VASPs

Cayman Islands: Annual renewal fees for VASPs

08 Mar 2023
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On 14 February 2023, the Cayman Islands Monetary Authority (CIMA) informed all registered virtual assets service providers (VASPs) that the annual renewal fees for 2023 will be the same as the fee paid at the time of registration.

Additionally, CIMA has granted an extension for the payment deadline until 15 March 2023, failing which penalties for non-payment will accrue.

The press release can be found here.

Authors
Matt Taber
Partner | Funds & Regulatory | Cayman Islands
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