About Us
Founded on 1 January 1997, the Cayman Monetary Regulatory Authority International (Cmrai) serves as the principal authority for the oversight and regulation of financial services entities operating within and from the Cayman Islands. Additionally, we manage the issuance and redemption of Cayman Islands currency and collaborate with international regulatory bodies, including the execution of memoranda of understanding for consolidated supervision assistance.
Our Mission
Our mission is to safeguard and promote the integrity of the Cayman Islands financial services sector.
Vision Statement
We envision a thriving, innovative, and well-regulated financial services industry and currency system in the Cayman Islands, aligned with international standards and delivering value to stakeholders.
Our Values
Teamwork
We empower one another to achieve peak productivity.
Accountability
We hold ourselves and our colleagues accountable for our duties and commitments.
Excellence
We strive to reach the highest levels of performance.
Collaboration
We reach common objectives through effective working relationships.
Integrity
We foster and expect honest and ethical conduct among our employees.
Respect
We maintain the public’s trust by showing respect to those we interact with, considering diverse perspectives, and ensuring everyone is treated as we would like to be treated.
What We Do
Our duties are organized into four key functions:
Monetary
Issuance and redemption of Cayman Islands currency, along with managing currency reserves.
Regulatory
Supervision and regulation of the financial services industry, ensuring compliance with anti-money laundering regulations, and issuing the regulatory handbook outlining policies, procedures, rules, and guidance statements.
Cooperative
Supporting international regulatory bodies through memoranda of understanding to facilitate consolidated supervision.
Advisory
Advising the Cayman Islands Government on monetary, regulatory, and cooperative matters.
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