Update On Cayman Islands CRS Self-certifications And Reporting

Key takeaways

• The Department for International Tax Cooperation (DITC) has issued updated CRS self-certification form templates.

• Financial Institutions (FIs) using their own self-certification forms should ensure that the updated mandatory data points are captured and may need to request 'top-up' data for 2026 from Account Holders.

• The DITC continues to focus on data quality in CRS returns and has identified issues that need to be remedied in the upcoming reporting cycle.

• The DITC Portal will be closed for CRS return submissions shortly after the 2025 reporting year deadline of 31 July 2026 until early 2027.

Updated template self-certification forms

Further to our recent update, the DITC has issued an updated CRS Entity Self-Certification Form and Individual Self-Certification Form to reflect the recent amendments to the CRS as implemented in the Cayman Islands. Our full advisory on the recent amendments to the CRS can be accessed on our website.