2025 Cayman Islands Compliance Dates

On 24 July 2026, China's Ministry of Finance and State Taxation Administration jointly issued the Announcement on Individual Income Tax Matters Relating to Offshore Trusts (《财政部 税务总局关于离岸信托个人所 得税有关事项的公告》) (Announcement No. 21 of 2026) (the "Notice"), together with a companion Announcement of the State Taxation Administration on Collection and Administration Matters Relating to Individual Income Tax on Offshore Trusts...

The Beneficial Ownership Transparency (Legitimate Interest Access) Regulations, 2024 commenced on 28 February 2025.

The Cayman Islands Monetary Authority has introduced new enforceable Rules on anti-money laundering and sanctions compliance, effective September 18, 2026. These Rules transform previous guidance into directly enforceable requirements, establishing clear obligations for regulated entities including mandatory annual training for governing bodies, independent audit requirements, and enhanced AMLCO independence standards.

The Grand Court has awarded summary judgment to certain limited partners seeking true and full information from the general partner under section 22 of the Exempted Limited Partnership Act.

The Grand Court of the Cayman Islands recently delivered a judgment in In the matter of Pinnacle Global Partners Fund I LTD.

Version 3.0 of the Cayman Islands guidance notes ("Guidance") on the Cayman Islands' economic substance legislation provides additional assistance in interpreting the...

The Cayman Islands has introduced significant reforms to its business licensing framework, including the option for eligible Caymanian-owned businesses to obtain multi-year Trade and Business Licences valid for up to five years, alongside revised fee structures across professional services, real estate, and property development sectors.

As 2026 draws to a close, Cayman Islands entities nearing the end of their lifecycle should prepare for voluntary liquidation and dissolution. Understanding the critical year-end deadlines...

In this month's Cayman Islands Regulatory 15/15 episode, Chris Capewell, John Dykstra and Ellen O'Brien discuss reinsurance updates, CRS compliance obligations, new AML return requirements for regulated trust companies, CIMA's updated List of Approved Stock Exchanges and recent CIMA notices relating to struck-off entities and non-compliant directors.

Under the Cayman Islands Directors Registration and Licensing Act (the “Act”), anyone named a director of certain entities (called “covered entities” in the Act) must register with the Cayman Islands Monetary Authority (“CIMA”). Such directors should understand and be familiar with the rules of registration as part of their role.

On 2 December 2024, the Bermuda Monetary Authority (BMA) released several key documents to guide insurance entities in their year-end reporting and compliance obligations.

The BVI today adopted new guidelines for communication and cooperation between courts in cross-border insolvency matters.

Federal Law No 376-FZ introduces significant changes to the rules governing the reporting and taxation of participation interests by Russian tax residents in controlled foreign companies.

On 22 November 2024, the European Commission updated its frequently asked questions on sanctions against Russia and Belarus (the FAQs).

Following the release of the Commission of Inquiry (COI) commissioned by the UK Government, it was recommended that there should be a review of processes for the grant of residency...

On 2 February 2024, the EU's Artificial Intelligence Act was unanimously approved by the Council of EU Ministers.

Provisions on AI literacy and prohibited systems apply as of 2 February 2025 under the EU AI Act, which came into force on 1 August 2024.

The Proceeds of Crime Act (Revised) (POCA) was amended by the Proceeds of Crime (Amendment) Act 2023 (Act 12 of 2023) (the Amendment) and was published in the Cayman Islands Gazette No, 32 on 6 October 2023.