Oct 2023 This decision was announced on 27 October at the closing of the FATF’s plenary meetings in Paris, France. The FATF announcement confirmed that the Cayman Islands maintains a robust and effective anti-money...more
11/8/2023
/ AML/CFT ,
Anti-Money Laundering ,
Anti-Terrorism Financing ,
Beneficial Owner ,
Cayman Islands ,
Corporate Governance ,
Enforcement Actions ,
EU ,
FATF ,
Regulatory Agenda ,
Regulatory Requirements ,
Reporting Requirements
There are only 9 days until all licensed insurers are required to comply with the Cayman Islands Monetary Authority’s (“CIMA”) new Rule on Corporate Governance (the “Rule”) (which replaces the Rule on Corporate Governance for...more
10/11/2023
/ Audits ,
Cayman Islands ,
CIMA ,
Corporate Governance ,
Enforcement Actions ,
Internal Controls ,
New Rules ,
Policies and Procedures ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
Reinsurance Agreements
Welcome to the second instalment of our Cayman Islands Regulatory & Risk Advisory Review. As we cover in this issue, there have been a number of exciting recent developments, including news from the Financial Action Task...more
9/5/2023
/ Cayman Islands ,
CIMA ,
Corporate Entities ,
Economic Sanctions ,
Financial Action Task Force ,
General Licenses ,
Legislative Agendas ,
Policies and Procedures ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Requirements ,
Taxation