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  4. Cayman: VASP application form changes

Cayman: VASP application form changes

04 Aug 2025
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The Cayman Islands Monetary Authority (CIMA) updated the Virtual Asset Service Providers (VASP) application form (APP 101-84-05) on the REEFS portal, effective 14 July 2025. These changes aim to streamline the registration, licensing, and waiver processes by adding new questions and clarifying document requirements, ensuring compliance with the Virtual Asset Service Provider Act (2024 Revision) and related regulations.

The updated form is mandatory for all new applications submitted on or after 14 July 2025.

For more information CIMA’s Notice can be found here.

Authors
Juan Pablo Urrutia Harneys front portrait image on a grey background
Juan Pablo Urrutia
Partner | Regulatory & Tax | Cayman Islands
Mirza Manraj Harneys front portrait image on a grey background
Mirza Manraj
Counsel | Regulatory & Tax | Hong Kong