Electronic Submission of Applications for Audit Waivers for Regulated Mutual and Private Funds

The Cayman Islands Monetary Authority (the “Authority”) is advising of an update to the process of submitting Audit Waiver applications for regulated funds through the REEFS portal.  The enhancement to the submission process will enable the processing of Audit Waiver applications to be fully completed within REEFS.

Applications for Audit Waivers are to be submitted through the REEFS portal using the form FWV-161-22 (the “Form”).  Effective 27 May 2024, all new Audit Waiver applications are to be filed via the REEFS portal. The Authority will continue to accept Audit Waiver applications via email to Ereporting@cima.ky until that date.

Please note that local cheques or escrow payments are the payment methods accepted for the relevant application fee.

Should you require guidance regarding using the Form, or information about the Audit Waiver application process, please refer to the applicable Completion Guide.