Cayman Islands FATCA Update

On March 19, 2015, the Cayman Islands Tax Information Authority ("TIA") officially opened the Cayman Automatic Exchange of Information ("AEOI") Portal.

Please click here for a copy of the communication and below for KPMG's comments on the Reporting and Notification process.

Reporting Process

The TIA indicated that the Portal is now available for Cayman Islands Reporting Financial Institutions ("Cayman Reporting FIs") to submit their Notification (due by April 30, 2015) and Reporting (due by May 31, 2015) to the TIA. Refer to the "Key Dates in 2015" section below for details required to be submitted as part of the Notification process.

Key Links:

• The Notification Form can be accessed here.