News & Insights

Extension of Penalties for Revised Cayman Fund Fees

The Cayman Islands Monetary Authority (the Authority) has announced an extension to the application of penalties for outstanding balances relating to the revised annual fees for regulated mutual funds and regulated private funds.

The deadline for payment of any outstanding amounts has been extended from 15 February 2026 to 15 March 2026.

All regulated mutual funds and private funds must ensure that any incremental balances arising from the revised 2026 annual, sub fund or AIV fees are paid in full on or before 15 March 2026.

Any entity that fails to remit all applicable fees by that date will be regarded as non-compliant and may be subject to penalties in accordance with the relevant legislation.

Funds and service providers should review their REEFS accounts and confirm that all revised fees have been fully settled.

If you would like assistance in reviewing your fund’s fee position or ensuring compliance ahead of the revised deadline, please contact our Investment Funds team at info@stuartslaw.com.

Contact our experts for further advice

Chris Humphries

Managing Director and Head of Funds

Tel:+1 (345) 814-7911

,

Jonathan McLean

Partner and Head of Banking & Regulatory

Tel:+1 (345) 814-7930

,

Partner and Head of Corporate

Tel:+1 (345) 814-7904

This publication is for general guidance and is not intended to be a substitute for specific legal advice. Specialist advice should be sought about specific circumstances.

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Publication Recognition - Legal 500
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Fund Client Testimonial - IFLR 1000
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Client Testimonial - Chambers & Partners
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Fund Client Testimonial - Legal 500
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Client Testimonial - Chambers & Partners
“Stuarts Humphries, understands the complex issues we face and the firm offers substantial value in relation to the fees charged.”
Legal 500
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Fund Client Testimonial - IFLR 1000
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Fund Client Testimonial - Chambers & Partners
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Legal 500

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