CIMA, or the Cayman Islands Monetary Authority, is the regulatory body responsible for overseeing and regulating financial services in the Cayman Islands. While CIMA regulates various financial institutions and activities, it is not typically associated with the regulation of brokers specifically. Instead, CIMA primarily focuses on the regulation of banks, trust companies, mutual funds, insurance companies, and other financial service providers.
The Cayman Islands is known for its offshore financial services industry, but it primarily regulates entities like banks, insurance companies, mutual funds, and other financial service providers. Forex brokers typically fall under the jurisdiction of regulatory bodies in their home countries or regions.
