Monetary Authority stepped up money laundering inspections in 2024
The Cayman Islands Monetary Authority has just published the AML/CFT Activity Report 2024, which details the authority’s efforts to prevent anti-money laundering and combat the financing of terrorism.
The report shows increased anti-money laundering inspections in 2024, with data suggesting increasing rates of compliance in the jurisdiction.
The regulator carried out 83 onsite inspections in 2024, a 28% increase from the 65 inspections in 2023. There was also an increase in follow-up inspections, with 15 in 2024, up from five in 2023. For a more complete summary of the story, please see the below link:
Published on: Feb 16, 2026 02:59 PM