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Cayman Islands

The rules behind every bank page in Cayman Islands: who licenses banks, what happens to custody assets and deposits if a bank fails, how enforcement decisions are published, and what is shared with tax authorities abroad.

The framework

Licensing, protection and disclosure in Cayman Islands

Each point links to the source it was checked against on the review date.

Regulator and licensing lawBanks and Trust Companies Act (2025 Revision). Section 5(1): no banking business may be transacted from within the Islands without a valid licence; contravention is an offence under s. 5(6).  Source
Deposit protectionNo deposit protection scheme identified.  Source
Custody assets in insolvencySegregation of client securities rests on trust and property law and on the custody contract.
Non-resident clientsStatutory: B licence holders may not take deposits from persons resident in the Islands (s. 6(6)(a)). B licence banks serve non-residents.  Source
Size of the banking sectorLicensed banks as of Q2 2026: Category A 11, Category B 65, total 76. Total international assets and liabilities reported as US$320.8 billion and US$321.5 billion respectively as at December 2024.  Source
State guaranteesNone identified.
Important information. Editorial opinion of PPLI.com on the date shown, based on public information, client experience and editorial judgment. Not a statement of fact, a credit rating or investment, legal, tax or financial advice; verify with the bank and your own advisers before acting. No liability is accepted for reliance on this content. Bank names and logos are used for identification only. Ratings are updated every quarter. This is the Q4 2026 edition, and a rating can change between editions if something material happens. Full disclaimer
Ratings signed by Noam Cohen, Editor, Bank IntelligenceReviewed 2 November 2026Methodology version 2.3Corrections [email protected]
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