Cayman financial services providers  including entities carrying on securities investment business (“SIB”) are required to comply with the Proceeds of Crime Law (2018 Revision)  the Anti-Money Laundering Regulations (2018 Revision) (the “AMLRs”) and associated Guidance Notes on the Prevention and Detection of Money Laundering and Terrorist Financing in the Cayman Islands  December  2017 (as amended) (the “Guidance Notes”) in order to prevent and report money laundering  terrorist financing and proliferation financing