CIMA Regulatory Notice

This notice clarifies the regulatory status of Aegis DAO Foundation (“Foundation”) under the Cayman Islands Monetary Authority (CIMA) regulatory framework.

1. Regulatory Status

The Foundation hereby confirms that it operates as an Exempted Foundation Company in the Cayman Islands (CR 415309) and does not engage in any CIMA-regulated activities, including:

  • Banking services
  • Trust services
  • Investment fund management
  • Insurance business
  • Money services business

2. Operational Scope

The Foundation’s activities are limited to:

  • Serving as a legal interface for the Aegis DAO
  • Executing decisions made through DAO governance processes
  • Supporting ecosystem development through grants and initiatives
  • Facilitating integration with external service providers

3. Compliance Framework

While not subject to CIMA regulation, the Foundation maintains comprehensive compliance policies and procedures as outlined in its governance documents and Articles of Association.

This notice will be reviewed and updated annually or upon any material changes to the Foundation’s activities or applicable regulations.

Updated on November 27, 2024