Fund Annual Return Filing Fees

On 30 January 2013 the Mutual Funds (Annual Returns) (Amendment) Regulations (2012) came into effect which requires a regulated fund to pay a fee of CI$300 (US$365.85) for the submission of each Fund Annual Return (“FAR”) through the Authority’s electronic E-reporting system. The fee becomes due at the time when the FAR filing is submitted. The Authority does not provide invoices for FAR filings. 

Payment instructions submitted to the Authority should at a minimum include the name of the regulated fund, registration/licence number and the year-end for which the FAR is being submitted. 

The most current payment instructions are always available online (Link to CIMA fees and payment instructions ). In respect of electronic (wire transfer) payments, we ask that an email be sent to fees@cimoney.com.ky with a copy of the wire payment details i.e. Swift/FED message. CIMA will process and give value on the date it was received. Please note that receipts will be mailed to local registered office.

Note that the fee is charged for each FAR submitted; and also applies to filings for Segregated Portfolio Companies (“SPC”) and Umbrella Trusts.

If you require further information regarding FAR filings, please contact the Investments and Securities Division by email at contactinvestments@cimoney.com.ky