2027 CRS, FATCA And CARF Deadlines

The Cayman Islands Department for International Tax Cooperation (“DITC”), in its capacity supporting the Tax Information Authority (“TIA”), has published Common Reporting Standard (“CRS”), Foreign Account Tax Compliance Act (“FATCA”) and Crypto-Asset Reporting Framework (“CARF”) updates for the 2027 compliance cycle.

Cayman Financial Institutions (“Fis”), Crypto-Asset Reporting Service Providers (“RCASPs”), directors, managers and service providers should note the 2027 reporting deadlines and compliance requirements for the 2026 calendar year as set out herein. This update summarises the key Cayman Islands CRS, FATCA and CARF requirements and deadlines relevant to the 2027 compliance cycle.