CAYMAN ISLANDS: CIMA signs AIFMD MoU with Austria

Monday October 21 2013

The Cayman Islands Monetary Authority (CIMA) has signed a Memorandum of Understanding (MoU) with Finanzmarktauficht of Austria providing for mutual assistance regarding the supervision of alternative investment fund managers who operate on a cross-border basis in both jurisdictions.

The latest signing by CIMA with the Austrian authority brings to 26 the number of MoUs with European countries. Other European authorities which are still to sign agreements with the Cayman Islands are Germany, Italy, Slovenia and Spain.

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