Financial Services
Cayman Islands Financial Services Ministry
CIG Anti-Money Laundering Unit
Beneficial Ownership
New EU resolution on tax havens:
- EU Proposed Resolution on tax havens, 27 Nov 2020
- EU Press Release EU tax Havens, 10 Dec 2020
- Link to video of EU subcommittee on tax matters (FISC) meeting
Minister’s statement:
Consultation draft bills:
- Companies (Amendment) (No.3) Bill, 2020 – Consultation Draft
- Exempted Limited Partnership (Amendment) (No.2) Bill, 2020 – Consultation Draft
- Limited Liability Companies (Amendment) (No.3) Bill, 2020 – Consultation Draft
- Limited Liability Partnership (Amendment) (No.3) Bill, 2020 – Consultation Draft
- Partnership (Amendment) Bill, 2020 – Consultation Draft
- Trusts (Amendment) (No.2) Bill, 2020 – Consultation Draft
- Banks and Trust Companies (Amendment) (No.2) Bill, 2020 – Consultation Draft
- Companies Management (Amendment) Bill, 2020 – Draft Consultation
Response:
- CF Comments – Proposed System of Oversight and Enforcement for Accounting Records Requirement, 6 Nov 2020
- Submission re DFS Legislation-Consultation Drafts from Companies & Companies Management Bills, 21 Oct 2020
Dep’t of Financial Services’ consultation process
Caribbean Financial Action Task Force:
- CFATF Anti-money laundering and counter-terrorist financing measures report, Cayman Islands, March 2019
- Summary Results of the Cayman Islands National Risk Assessment relating to Money Laundering Terrorist Financing and Proliferation Financing
Tax Information Authority:
European Union:
- Council Conclusions – Revised EU black-list of non-cooperative jurisdictions for tax purposes, 12 March 2019
- Draft letter sent to 90 countries by EU regarding blacklist, Jan 2017
- Memo on EU list of non-cooperative jurisdictions for tax purposes, 5 December 2017
- Press release from EU: Council publishes an EU list of non-cooperative, 5 December 2017
- CIG press release in response to EU black-list of non-cooperative jurisdictions for tax purposes, 5 December 2017
- Factsheet on EU Blacklist, December 2017
- Q&A – Factsheet on EU Blacklist, December 2017
- Press release 2 -Fair Taxation EU publishes list of non-cooperative tax jurisdictions, 5 December 2017
European Union:
- Draft letter sent to 90 countries by EU regarding blacklist, Jan 2017
- Memo on EU list of non-cooperative jurisdictions for tax purposes, 5 December 2017
- Press release from EU: Council publishes an EU list of non-cooperative, 5 December 2017
- CIG press release in response to EU black-list of non-cooperative jurisdictions for tax purposes, 5 December 2017
- Factsheet on EU Blacklist, December 2017
- Q&A – Factsheet on EU Blacklist, December 2017
- Press release 2 -Fair Taxation EU publishes list of non-cooperative tax jurisdictions, 5 December 2017
Financial Action Task Force (FATF):
Legal Practioners Bill:
- Legal Practitioners Bill, 2016
- Legal Practitioners Bill – Frequently Asked Questions (Caymanian Bar Association website)
- Letter to Panton re Legal Practitioners Bill, 10 Nov 2016
- Letter from FS Minister Wayne Panton to lawyers objecting the Legal Practioners Bill, 1 Dec 2016
- Private Member’s Motion on possible breaches of Legal Practitioners Law, February 2017
- Legal Practitioners Bill survey results
- Joint Statement of MLAs McLean, Conolly, Miller, Suckoo and Eden re Response by Minister Panton to Motion No. 17.17 (Legal Practitioners Bill)
- Cayman Finance statement re private member’s motion by Arden McLean and Winston Connolly
- Legal opinion re section 10 of Legal Practitioners Law by Paul Garlick QC, 23 March 2017
UK Financial conduct Authority:
- CIG Letter to FCA re FOI3320 – High Risk Countries List final 8 July 2014
- FCA Response to the Cayman Islands Government 12 August 2014
- Government Details Its Response to FCA’s ‘High Risk’ List – 14 Aug 14
Court Documents:
Links to Industry Associations:
- Cayman Bar Association (CBA)
- Cayman Finance
- Cayman Islands Bankers Association (CIBA)
- Cayman Islands Compliance Association (CICA)
- Cayman Islands Directors Association (CIDA)
- Cayman Islands Institute of Professional Accountants (CIIPA)
- Cayman Islands Law Society (CILS)
- CFA Society Cayman Islands
- Insurance Managers Association of Cayman (IMAC)
