As the EU removes the Cayman Islands from the EU AML/CFT blacklist with effect from 7 February 2024, concerns and barriers for EU sell- and buy-side parties on securitisations involving Cayman SSPEs fall away....more
1/22/2024
/ AML/CFT ,
Anti-Money Laundering ,
Capital Markets ,
Cayman Islands ,
EU ,
FATF ,
Financial Institutions ,
Investors ,
Regulatory Requirements ,
Securitization ,
Securitization Standards ,
Terrorist Financing Regulations ,
UK
On 5 October 2021, some good news for the Australian securitisation market came from the EU following a decision by the Council (linked here) to recognise that Australia has implemented all the necessary tax reforms (in...more