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The Cayman Islands is one of the world's leading providers of institutionally focused, specialised financial services and a preferred destination for the structuring and domiciling of sophisticated financial services products.

Cayman Publishes Bills to Further Strengthen Standards

In response to global developments in financial services, the Cayman Islands Government today published three bills that further strengthen our compliance with international standards.

The bills are The Companies (Amendment) (No. 2) Bill, 2018; The Local Companies (Control) (Amendment) Bill, 2018; and The International Tax Co-Operation (Economic Substance) Bill, 2018.

They were produced following the Ministry of Financial Servicesí in-depth consultation with Caymanís local financial services industry, Cayman regulators, the OECD and the European Union. The Financial Services Ministry also joined the Ministry of Commerce to consult with Caymanís commerce stakeholders.

ĎSince January this year, many representatives from more than 15 financial services and commerce associations, as well as Government stakeholders outside of the Ministry of Financial Services, have participated in this consultation.

News Releases

Registrar Speaks to NPOs on AML/CFT Risks
The Registrar for NPOs (non-profit organizations) addressed dozens of charitable organizations on their money laundering, terrorist financing, targeted financial sanctions and proliferation financing risks at an information session on Thursday, 5 September at the Government Administration Building. 17th September 2019, 9:40am
LA Bills to Further Enhance Caymans AML CFT Regime
Government is presenting 11 bills, to further strengthen Caymanís anti-money laundering and counter financing of terrorism (AML/CFT) regime, to the Legislative Assembly on Wednesday, 24 July.  15th July 2019, 10:47am
EU Reaffirms Caymanís Cooperation
The Government is pleased that the Cayman Islands has not been included on the EUís updated list of non-cooperative jurisdictions for tax purposes (known commonly as the EU blacklist). 15th March 2019, 10:53am

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