Bell Rock / Regulatory support

Cayman VASP Registration & Licensing Support

Start with the activity. Build the framework around it.

Corporate establishment, governance and application coordination for businesses evaluating virtual asset services in the Cayman Islands.

Discuss your virtual asset business

Assessment framework

The questions that shape the review

01

Services

Describe exchange, transfer, custody, platform or other activities in practical terms.

02

Assets and control

Who holds assets, controls keys, authorises transfers and maintains records?

03

Customers and locations

Who the business serves and where its people and operations are located.

04

Governance and compliance

Ownership, management, reporting and the responsibilities of appointed providers.

Registration, licensing and entity incorporation are distinct matters. The applicable process must be confirmed against the proposed services; an application does not itself authorise operations.

Service scope

Support shaped around your structure

Operating-model documentation

Organise the proposed services, ownership, counterparties, governance and control arrangements.

Corporate and application support

Coordinate entity establishment and supporting materials for the relevant registration or licensing process.

Continuing governance

Support board records, agreed corporate obligations and coordination of regulatory information requests.

Practical questions

Before you begin

Is every digital asset business a VASP?

Do not assume classification from the project’s name or technology. Describe the services and operating arrangements so the relevant position can be assessed.

Can you assist with a foundation linked to a protocol?

Foundation governance and virtual asset activity should be considered separately. Provide the foundation’s role, the protocol’s activities and the persons performing each function.

Does Bell Rock guarantee an application outcome?

No. Bell Rock’s role is the agreed corporate, governance and coordination support. Regulatory decisions remain with the relevant authority.

Next step

Discuss your virtual asset business

Tell us about the proposed structure, activities and timing so we can review the appropriate scope of support.

Discuss your virtual asset business