CIMA Launches Online Fee Payment Module

The Cayman Islands Monetary Authority (CIMA) is pleased to announce the launch of its fee payment section of the Regulatory Enhanced Electronic Forms Submission (REEFS) system for authorised financial services industry users.

The new payment section will be carried out in two phases. Currently underway, phase 1 allows entity authorised users to view all applicable fees which are currently due or overdue, including historical payments. Another bonus feature is that users are now able to track relevant fees, and sort by groups such as fee category, due date, and covered entity.

CIMA’s Managing Director, Mrs. Cindy Scotland said, “As each stage of the online fee payment system continues to unfold, this will provide more efficiency for the Authority, while providing a convenient service for our licensees and stakeholders.”