The formal review of the application for a Forex broker licence in Cayman Islands is a process that takes into account multiple factors, as briefly described above. Along with the Procedure for obtaining a Brokerage License in the Cayman Islands Securing qualified director solution: If required, Healy Consultants Group PLC will supply a qualified professional Entities registered as excluded persons (i.e. broker-dealer) are exempted from the requirement to obtain a license to conduct securities investment business as they conduct business Securities Licensing Requirements Licensing vs. Registration. In accordance with the Securities Investment Business Act (SIBL), persons engaging, ‘in the course of business’, in Our turn-key solution involves setting up and structuring your Cayman Islands investment management broker-dealer. In addition, we are committed to provide ONE (1) year ... read more
Many of our Clients register their securities brokerage business in the Cayman Islands as i the country is one of the major offshore global financial hubs and ii no local directors or staff are required to secure the license.
Consequently, we also advise our Clients to secure Forex Brokerage License in Cayman Islands. View invoice. Global business set up experts. Every country in the world…. Abu Dhabi. Burkina Faso. Cayman Islands. Central African Republic. Costa Rica. Czech Republic. Dominican Republic. El Salvador. Equatorial Guinea.
Hong Kong. Isle of Man. Ivory Coast. Jebel Ali. Marshall Islands. New Zealand. North Macedonia. For a better experience on Cayman Islands Monetary Authority, update your browser. Home Regulated Sectors Securities Licensing Requirements Print Email Email to Friend. Securities Licensing Requirements Licensing vs.
Disclaimer: Please note that entities registered as Excluded Persons are exempted from the requirement to obtain a licence to conduct securities investment business as they conduct business exclusively with persons or institutions as set out in Schedule 4 of the SIBL and are therefore not regulated by the Authority. Excluded Person Registration Requirements Schedule 4 of the Securities Investment Business Act outlines the categories of persons "Excluded Persons" engaging in securities investment business who are exempted from the requirement to be licenced.
In order to register, such excluded persons must: complete and submit to CIMA the Annual Declaration Form for Excluded Persons , and submit the required fee.
Refer to our Fee Schedule. Note: Recognised Overseas Regulatory Authorities Among the persons falling within the category of "Excluded Persons" as set out in Schedule 4 of the SIBL are those to whom section 4 1 of the act applies but who are "regulated in respect of securities investment business by a recognised overseas regulatory authority in the country or territory other than the Islands in which the securities investment business is being conducted.
Licensing Requirements All applications for licensing under Section 5 1 of SIBL should be submitted to CIMA and follow the requirements set out in the Securities Investment Business Licence Applications and Fees Regulations.
Acceptance of Licence Applications Prior to reviewing the licence application, the application fee s and all relevant and necessary documentation must be received by the Authority from the applicant. Formal Review of Applications In deciding on whether or not to grant a licence the Authority will consider, in relation to the specific category of SIBL licence applied for, the following factors: Will the applicant be able to comply with the provisions of the Act and Regulations? Will the applicant be able to comply with the Money Laundering Regulations?
Is there any reason why, in the public interest, the licence should not be granted? Does the applicant have the necessary skills and knowledge to undertake this business? Does the applicant have the appropriate facilities and books and records? Are the management and senior staff fit and proper persons? Additionally, every applicant for a licence may undergo a brief on-site inspection. Recognised Stock Exchanges Section 6 7 of the SIBL allows CIMA to impose conditions on a licensee.
Cayman Islands Monetary Authority is committed to protecting the privacy and security of your personal information.
The Cayman Islands have been ranked as a major financial center for over twenty years and remain the preferred choice of jurisdiction for most hedge funds, banks, and institutional investors. If you are an experienced trader, investment adviser or asset manager then starting an investment management broker-dealer in the Cayman Islands may be an opportunity to consider.
In addition, there are no minimum equity capitalization requirements for an excluded Cayman Islands securities investment business i.
Our turn-key solution involves setting up and structuring your Cayman Islands investment management broker-dealer. In addition, we are committed to provide ONE 1 year consultation and continual support regarding back-office operations, trading and execution, compliance and marketing.
Complete set-up structure includes:. Home Services About Articles Contact. Pop-up Preset:. Location: Centered Bottom Right Fullscreen Width Height Pop Options: Timer On Scroll On Exit Pop after seconds. Starting a Prime Broker-Dealer in the Cayman Islands. Start your Broker-dealer now. Submit your inquiry.
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Entities registered as excluded persons (i.e. broker-dealer) are exempted from the requirement to obtain a license to conduct securities investment business as they conduct business The public is able to access different types of records held by the Cayman Islands public authorities and the CIMA is committed to openness, transparency, and accountability. As part 14/07/ · A Forex broker licence in Cayman Islands is required for legal persons that will be involved in and provide services related to foreign exchange, the buying and selling of foreign The Securities Investment Business Act provides for the regulation of persons carrying on securities investment business, including market makers, broker-dealers, securities The formal review of the application for a Forex broker licence in Cayman Islands is a process that takes into account multiple factors, as briefly described above. Along with the Procedure for obtaining a Brokerage License in the Cayman Islands Securing qualified director solution: If required, Healy Consultants Group PLC will supply a qualified professional ... read more
Location: Centered Bottom Right Fullscreen Width Height Pop Options: Timer On Scroll On Exit Pop after seconds. Form data saving error occurred. Puerto Rico. It is possible to arrange insurance outside Cayman Islands. If the information has been correctly provided, the application will be reviewed.
Upon request, our team can handle the incorporation phase and prepare the needed documentation to follow through with the licensing for the broker dealer licence cayman of conducting Forex trading activities, broker dealer licence cayman. We will get back to you with a free 15 minutes consultation. Formal Review of Applications In deciding on whether or not to grant a licence the Authority will consider, in relation to the specific category of SIBL licence applied for, the following factors: Will the applicant be able to comply with the provisions of the Act and Regulations? Hong Kong, broker dealer licence in cayman. In order to register, such excluded persons must: complete and submit to CIMA the Annual Declaration Form for Excluded Personsand submit broker dealer licence in cayman required fee. The formal review of the application for a Forex broker licence in Cayman Islands is a process that takes into account multiple factors, as briefly described above.