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ARTICLE · 20 MARCH 2026

Cayman Islands Investment Funds - Spring 2026 Update

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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In our Autumn 2025 newsletter, we summarised the proposed amendments to the CRS regime intended to implement the OECD's updated "CRS 2.0" framework.

Cayman IslandsFinance and Banking
Jasmine Amaria
Jasmine Amaria
Emily Cornhill
Emily Cornhill
Jarrod Farley
Jarrod Farley
Anthony McKenzie
Anthony McKenzie
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Michael Padarin
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Amendments to the CRS regulations

In our Autumn 2025 newsletter, we summarised the proposed amendments to the CRS regime intended to implement the OECD's updated "CRS 2.0" framework. The Tax Information Authority (International Tax Compliance) (Common Reporting Standard) (Amendment) Regulations, 2025 came into force on 1 January 2026, with certain provisions taking effect from 1 January 2027. Subsequent advisory statements have also extended some deadlines, as described below.

Revised deadlines and transitional provisions

  • Registration - financial Institutions ("FIs") commencing activities from 1 January 2026 must register with the Department for International Tax Cooperation ("DITC") by 31 January the following year (31 January 2027), with transitional relief for FIs that commenced activities in 2025, which must register by 30 April 2026.

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