Cayman Attorneys
Regulation Authority
and Compliance with the AMLRs
CARA is mandatory
Return 2020
Outreach
Who We Are
CARA supervises, monitors and regulates firms of attorneys-at-law conducting relevant financial business (‘RFB’) for anti-money laundering (‘AML’) compliance and related fields.
What We Do
Our purpose is to ensure a high standard of AML compliance across the legal sector within the Cayman Islands. By doing so, CARA will assist the Cayman Islands in complying with international standards and obligations and enhance public trust and confidence in the legal profession.
Role of CARA & Cayman
CILPA delegated this supervision function to its operationally independent regulatory arm, the Cayman Attorneys Regulation Authority (‘CARA’).
CARA regulates firms of attorneys-at-law for anti-money laundering ('AML') and related fields.
Our purpose is to ensure a high standard of AML compliance across the legal sector within the Cayman Islands. By doing so, CARA will assist the Cayman Islands in meeting its international obligations in these important matters.
AML/CFT/CPF Compliance
- Anti-Money Laundering Regulation (2020 Revision)
- Terrorism Law (2018 Revision)
- Proliferation Financing (Prohibition) Law (2017 Revision)
- Targeted Financial Sanctions
Regulation And Guidance Notes
- Anti-Money Laundering Regulations (2020 Revision)
- Guidance Notes on AML
- Training and outreach
Follow us on Twitter for updates
The International Compliance Association offers insight on initiatives that are leading Compliance into the future:
https://www.linkedin.com/posts/intcompassoc_compliance-the-new-decade-official-trailer-activity-6742839116288847872-NMwy
https://www.linkedin.com/posts/financial-action-task-force-fatf-_followthemoney-antimoneylaundering-aml-activity-6744616685245870080-PlZL
https://www.linkedin.com/posts/cayman-islands-ministry-financial-services_government-commences-framework-for-virtual-activity-6729754898281308160-pNBl