CIMA Announces Amnesty for Non-Compliant Directors (International Insurers)
- nicholasyeo8
- Nov 7
- 1 min read
The amnesty allows remediation without immediate enforcement in certain cases. It targets international insurers and directors not properly registered. Captive boards and managers should verify DCI registration status. The move precedes the Q4 busy season and the Cayman Captive Forum. It strengthens governance ahead of expected formation activity. Source: Captive Insurance Times #Actomate #Cayman #Regulatory #OperationalRisk #RiskManagement
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