The Cayman Islands has been added to the EU's list of non-cooperative jurisdictions for tax purposes following the EU Member States finance ministers' meeting (EcoFin) on 18 February 2020.
Cayman has long been at the cutting-edge of developments in international trusts law, cementing its place as a market-leading international financial centre and jurisdiction of choice for ultra-high net worth families.
The Cayman Islands continue to meet and exceed international compliance standards in a proactive and sophisticated manner.
Baker & Partners
The decision of the Grand Court of the Cayman Islands earlier this year in ArcelorMittal USA LLC v Essar Global Fund Limited & Anor re-examines Norwich Pharmacal Orders (NPO)...
The increasingly complex regulatory environment means that clients and their advisers have to think much more deeply about cross border regulatory issues.
The Cayman Islands continue to be busy with cross-border activity and remains the most active offshore jurisdiction. Cayman-incorporated companies were the target of 421 transactions ...
On Thursday December 6th, 2018 the Cayman Islands Government published draft legislation entitled "The International Tax Co-operation (Economic Substance) Bill, 2018".
Businesses that litigate in the Cayman Islands courts have historically had few alternatives to the traditional funding model, i.e., paying a law firm a fixed hourly rate.
When Somerset Maugham described the French Riviera as a "sunny place for shady people", he could just as well been referring to public opinion of the offshore world after the release of the Panama
For businesses that have decided that they want to take the strategic decision to enter the digital age and conduct an initial coin offering (ICO),
As the Cayman Islands enhances its fund offering, ahead of competitors both offshore and onshore, it remains the clear domicile of choice.
Cayman Finance also had an exhibitor presence at numerous other events.
The last year has seen a significant increase in attention to the role international financial centres play in driving global economic investment and growth as well as deterring, identifying...
When I consider the body of work accomplished by the Ministry of Financial Services ("the Ministry"), and the full slate of activity that we are preparing for the coming fiscal years, three words...
Cayman Islands Government
The Ministry of Financial Services outlined its priorities to the Cayman Islands Chamber of Commerce membership during a breakfast seminar on Wednesday, 18 April 2018, at the Grand Cayman Marriott Beach Resort.
The Cayman Islands Monetary Authority ("CIMA") has provided helpful clarification in relation to its recent statement that natural persons should be designated as AMLCO, MLRO and deputy MLRO.
The Cayman Islands Monetary Authority ("CIMA") has provided helpful clarification in relation to its recent statement that
natural persons should be designated as anti-money laundering compliance officer ("AMLCO"), money laundering reporting
officer ("MLRO") and deputy MLRO (together, the "AML Officers").
The Cayman Islands Department for International Tax Cooperation ("DITC") has issued an Industry Advisory in which it provides important updates to all Cayman Islands Financial Institutions ("CFIs") in relation to FATCA and CRS.
The European Union plans to update its year-old blacklist of tax havens to include new criteria and an expanded geographic reach—possibly all the way to the U.S.
HISTORY shows that a successful offshore jurisdiction is one which is capable of most effectively connecting, and providing a conduit between, ‘capital originating markets' and ‘destination markets'.