The Cayman Islands Monetary Authority (CIMA) has determined that local auditor sign-off is required on all types of entities regulated by CIMA, including mutual funds domiciled in the Cayman Islands.
The Mutual Fund policy document, effective for years ending on or after July 1, 2002, can be downloaded from CIMA's website
The policy was introduced to allow for more effective discharge of the obligations placed on auditors under the Mutual Funds Law and to enable a more efficient interface with the Authority.
At PwC Cayman Islands, we’ve created a dedicated group, the fund referred reporting engagement group, to deal with the requirements pertaining to mutual funds. Reach out to one of the contacts listed on this page for more information.