It is the policy of Pryvate Limited (Caymans) to conduct its business at all times in compliance with all relevant legislation and guidance in force or issued in Cayman to counter money laundering and the financing of terrorism. Pryvate Limited (Caymans) has established and maintains appropriate and effective policies, procedures and systems to assist it in complying with AML/CFT requirements.
The AML/CFT regime in Cayman is built around a number of criminal statutes and orders which set out a series of headline criminal offences for those who engage in, or help others engage in, money laundering or the financing of terrorism. The main criminal statutes which criminalise money laundering and the financing of terrorism are as follows:
- - Proceeds of Crime Act (2020 Revision)
- - Proceeds of Crime (Disclosure) Order, 2010
- - Money Services Act (2020 Revision)
- - Terrorism Act (2018 Revision)
Full details of Acts and Regulations https://www.cima.ky/acts-and-regulations