Cayman Islands Directors Association
The professional voice of Cayman Islands directors
A self regulating association of more than 500 resident directors, working to protect and strengthen the Cayman Islands financial services industry.
500+
members, all resident in the Cayman Islands
1
collective, independent voice for directors
Acc. Dir.
accreditation through DEAP with CGI Canada
Education for directors
World-class director education, brought to the Cayman Islands
Each year CIDA brings international governance education to the island, so that Cayman directors can learn, qualify and meet without leaving home.
Why it matters
In the Cayman Islands, being a director is a profession
Cayman is unique in the world. Its directors are professionals who are actively involved in every aspect of the financial services entities they serve, from governance and oversight to risk, compliance and strategy.
1
Protecting the industry
CIDA is actively engaged in protecting and safeguarding the Cayman Islands financial services industry and its international reputation.
2
Highest standards
We define a code of conduct and best practice for members, ensuring corporate governance of the highest standard and strengthening the integrity of the sector.
3
An independent voice
Organised and run exclusively by directors of Cayman Islands companies, CIDA gives members a collective, independent voice on governance and boardroom matters across every sector.
Working with government and regulators
Helping shape regulation that is usable and robust
CIDA actively engages with the Cayman Islands Government, the Cayman Islands Monetary Authority (CIMA), the Ministry of Financial Services and Cayman Finance, drawing on our members’ boardroom experience to advise on Cayman Islands financial services regulation that is practical to apply and robust in protecting the jurisdiction.
Feedback from Government
The Cayman Islands Government has told us that CIDA’s input has been very useful in making appropriate changes to legislation before it is implemented, where the original drafting might otherwise have had unintended consequences.
Recent examples include the beneficial ownership reporting regime and, most recently, the new AML and Sanctions Rules adopted by CIMA.
Although you may not hear from us every week, the members of the CIDA Committee are actively working in the interests of Cayman Islands directors, including engaging directly with the principal decision makers.
Cayman Islands GovernmentCIMAMinistry of Financial ServicesCayman Finance
What’s happening
Recent activities
Why join CIDA
The benefits of membership
Membership gives you ongoing education, access to your peers and a stronger voice, a say in new legislation before it is made public, and much of it at no extra charge.
Free
Member events at no charge
Join CIDA member events and networking with fellow Cayman Islands directors without paying extra.
Free
Ad hoc Zoom briefings
Complimentary Zoom sessions on topical developments, such as the recent CIMA AML and Sanctions Rules briefing.
Free every year
Annual Educational Half Day
Our yearly educational half day, with industry and government panels, the AGM and lunch, at no charge to members.
Reduced rate
Reduced-rate access to DEAP
Members get a reduced rate on the Directors’ Education and Accreditation Program, now in its 17th year.
Your say
Consultation on new legislation
The opportunity to consult on legislative changes before they are released to the public, and to have a say in how Cayman Islands regulation develops.
Membership
Who can join
Members are individuals resident in the Cayman Islands who hold office as directors of one or more Cayman Islands registered companies. Each member is an employee of a Cayman Islands financial services company licensed and regulated by the Cayman Islands Monetary Authority, or is an individual whose membership has been sponsored by at least two such members.
Questions about membership? Email membership@cida.ky