New VASP Financial Returns Form

By notice dated 28 November 2025, CIMA advised all virtual asset service providers (“VASPs“) and other relevant stakeholders of the release of the VASP Financial Returns Form (the “Form“) within the Regulatory Enhanced Electronic Forms Submission (“REEFS“) system effective 1 December 2025. The Form was developed to support the standardised submission of periodic financial information by entities registered or licensed under the Virtual Asset (Service Providers) Act (As Revised) and to ensure ongoing compliance with the CIMA’s regulatory and reporting requirements.

Key points to note:

• The Form will be available via the REEFS portal under form code VFR-051-84.
• All regulated VASPs are required to complete and submit the Form in accordance with the reporting periods prescribed by CIMA.
• The first reporting deadline under this requirement is 31 December 2025, for the reporting period ending 30 September 2025.
• No extensions will be granted for the submission of this Form.

Guidance for completing the Form is available in REEFS and on the CIMA’s website via the VFR-051-84 Completion Guide. Queries may be directed to [email protected].

The Maples Group has extensive experience in advising VASPs on their various regulatory compliance obligations. Please reach out to your usual Maples’ contact if we can be of assistance.