Ms Louise Mulè

Louise Mulè

Updates

Private Client & Offshore Services

CIMA releases updated Rule and Statement of Guidance – Cybersecurity for Regulated Entities
Cayman Islands | 17 September 2020

The Cayman Islands Monetary Authority (CIMA) has updated its Rule and Statement of Guidance – Cybersecurity for Regulated Entities following feedback received during a private sector consultation. The rule, which sets out CIMA's requirements in relation to the management of cybersecurity risks, is a clear and precise directive that creates binding obligations, the breach of which may lead to a fine or regulatory action being taken by CIMA.

Tech, Data, Telecoms & Media

CIMA releases updated Rule and Statement of Guidance – Cybersecurity for Regulated Entities
Cayman Islands | 18 September 2020

The Cayman Islands Monetary Authority (CIMA) has updated its Rule and Statement of Guidance – Cybersecurity for Regulated Entities following feedback received during a private sector consultation. The rule, which sets out CIMA's requirements in relation to the management of cybersecurity risks, is a clear and precise directive that creates binding obligations, the breach of which may lead to a fine or regulatory action being taken by CIMA.