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  4. Cayman’s Virtual Asset Service Providers amendments commence

Cayman’s Virtual Asset Service Providers amendments commence

21 Jan 2021
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On 15 January 2021, the Virtual Asset (Service Providers) (Amendment) Act, 2020 commenced, along with transitional Regulations. Existing Virtual Asset Service Providers (VASP) are reminded that they have until 31 January 2021 to register with the Cayman Islands Monetary Authority.

The Government FAQs on the VASP regime can be found here and our client alert here.

Authors
Carolynn Vivian Harneys front portrait image on a grey background
Carolynn Vivian
Partner | Governance Risk & Compliance | Cayman Islands