CIMA - Cayman Islands Monetary Authority

11/17/2023 | Press release | Distributed by Public on 11/17/2023 08:31

VASP 2024 Annual Renewal Fees

VASP 2024 Annual Renewal Fees

General Industry Notices
Date: Fri, 17 November 2023

The Cayman Islands Monetary Authority (the "Authority") is advising all Registered virtual assets service providers that, as outlined in Schedule 2 of the Virtual Asset (Service Providers) Regulations, 2020, their 2024 annual renewal fees will be the same amount as the fee paid at the time of registration.

The Authority is reminding Registrants of the 15 January 2024 deadline for the payment of said fees, failing which penalties for non-payment will accrue as outlined in section 5(5) of the Virtual Assets (Service Provider) Act (2022 Revision).

Should you require any further information, please contact [email protected].