Cayman Islands:
Virtual Asset Enforcement Provisions To Commence
01 February 2021
Cayman Islands Government
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The public is advised that on Sunday, 31 January 2021, the
enforcement provisions outlined in the commencement order for the
Virtual Asset Services Providers (VASP) Act will commence.
The commencement order was published on 28 October
2020.
These enforcement provisions allow the Cayman Islands Monetary
Authority (CIMA) to take action where a person breaches certain
provisions of the VASP Act.
For more information, email CIMA at vaspinfo@cima.ky.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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