AML - wb.group

If I have a CIMA inspection scheduled, how do I prepare?

We can guide you through the process, helping prepare documents, policies, and responses to meet regulatory expectations. We can provide a gap analysis and help implement practical, regulator-ready solutions.

Do you need an AMLCO or MLRO for your Cayman fund or investment manager?

We provide qualified professionals who can act as AMLCO, MLRO, or DMLRO, ensuring compliance with Cayman AML regulations. We also offer a range of advisory and assurance services to support your internal teams and keep your compliance framework strong.

Can you help with post-inspection remediation?

Absolutely. We’re well versed with CIMA inspections and remediating its findings, and can help you navigate these to a successful conclusion.

What you get – and how we’re different

What you need

How we deliver

Why it’s different

Faster launch

Streamlined workflows: typical formation in days, not weeks.

Competitors queue your file; we prioritise it.

Zero hidden costs

Fixed-fee proposals with line-item pricing.

Others bundle extras at month-end; we show every dollar up front.

Less admin drag

A dedicated team to contact for resilience, with one main contact.

Big firms pass you around; we keep it personal.

Lower compliance risk

Early issue spotting and ongoing statutory maintenance.

Many providers only file forms; we monitor the rules.

Peace of mind

Clear and transparent communication throughout the process.

Others go dark or bring unpleasant surprises, or both; we bring neither.

What you get – and how we’re different

What you need

How we deliver

Why it’s different

Regulatory confidence

AMLCO, MLRO and DMLRO officer appointments.

Senior professionals with hands-on experience and regulatory insight.

Stronger compliance

Development and enhancement of AML policies and procedures.

Policies tailored to your risk profile, operations and sector.

Independent assurance

AML compliance audits and reviews.

Clear, constructive reporting focused on real-world outcomes.

Inspection readiness

Preparation and support for CIMA inspections.

Pragmatic guidance from people who’ve been through it before.

Smooth remediation

Post-inspection follow-up and gap closure.

We help you respond quickly, thoroughly and with credibility.

Our core services

Person to act as your AMLCO, MLRO and DMLRO

Independent AML compliance audits

Developing and improving AML policies and procedures

Preparation and support for CIMA inspections

Assistance with post CIMA inspection remediation work

Why choose wb.group for AML compliance in Cayman?

Trusted:

Our team blends regulatory expertise with real-world experience in Cayman financial services.

Tailored:

We adapt our approach to your entity’s structure, business model and risk profile.

Practical:

We focus on what works—not just what’s written in the rulebook.

Transparent:

We keep you informed, explain our findings clearly, and guide you step by step.

When it comes to AML, meeting the minimum isn’t enough. You need experienced guidance, clear policies and ongoing assurance to stay compliant in a changing regulatory landscape.

Partnering with wb.group means placing your AML obligations in expert hands. We’ll help you build a strong, accountable framework—so you can focus on running your business.

Frequently Asked Questions.

What anti-money laundering obligations apply to an investment manager running a Cayman-domiciled fund?

Investment managers running Cayman-domiciled funds are subject to the Anti-Money Laundering Regulations (2025 Revision) and the Proceeds of Crime Act (2025 Revision), which together require a comprehensive AML compliance programme covering customer due diligence, officer appointments, staff training and suspicious activity reporting. These obligations apply because fund management constitutes “relevant financial business” under Cayman law – and any entity conducting relevant financial business must maintain the required AML procedures when forming or carrying on business relationships.

Can an investment manager outsource its AML officer roles?

Yes – the AMLCO, MLRO and DMLRO functions may all be outsourced to a qualified third party. However, the investment manager retains ultimate legal responsibility for compliance with the Anti-Money Laundering Regulations (2025 Revision), and must maintain adequate oversight of the outsourced arrangement.

What is “relevant financial business” for Cayman AML purposes?

Under the Anti-Money Laundering Regulations (2025 Revision), “relevant financial business” includes investing, administering or managing funds or money on behalf of other persons. This definition brings investment managers, fund administrators and similar entities squarely within the scope of the AML regime.

Does a Cayman-domiciled fund have its own AML obligations separate from those of the investment manager?

Yes. A Cayman fund is itself subject to the Anti-Money Laundering Regulations where it conducts relevant financial business, and must separately appoint its own AMLCO, MLRO and DMLRO – distinct from those of the investment manager – unless a documented delegation or shared services arrangement is in place.

How long must AML records be retained?

Under the Anti-Money Laundering Regulations (2025 Revision), customer due diligence records, transaction records and documents supporting suspicious activity reports must be retained for a minimum of five years from the end of the business relationship or the date of the relevant transaction.

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