As you may be aware, 31 July 2022 is the next deadline for CRS and FATCA reporting with the Cayman Department for International Tax Cooperation (DITC), followed closely by the 15 September 2022 CRS Compliance Form deadline.

The 15 September 2022 is the upcoming deadline for submitting the 2021 CRS Compliance Form with the Department for International Tax Cooperation (DITC) in the Cayman Islands.

Following industry consultation, on 15 April 2020 the Department for International Tax Cooperation released its new CRS Compliance Form which Reporting Financial Institutions and Trustee Documented Trusts ...

The seminar hosted by the Cayman Islands Compliance Association (CICA) and the Department for International Tax Cooperation (DITC) in November 2024...

On 10 January 2025, the Cayman Islands Monetary Authority (CIMA) published a circular reaffirming its dedication to enhancing the stability and resilience of the Cayman Islands' financial sector.

如果您需要有关任何此类事项的法律建议，奥杰的监管团队会定期就开曼群岛的AEOI（《海外账户税收合规法案》/CRS）合规性和执法事项提供建议

As mentioned in our previous advisory, the DITC has provided the industry with the advance release of its new CRS Compliance Form in an industry advisory.

This Advisory follows recent updates to the Cayman Islands AEOI regime, pursuant to amendments to FATCA and CRS regulations.

An overview of the recently introduced CRS Compliance Form and the new DITC portal now with CbCR reporting functionality.

It may not be hurricane season yet but filing season in Cayman is certainly upon us. An entity classified as a Cayman Islands financial institution under FATCA & CRS (In-scope entity) must complete...

Automatic Exchange of Information ("AEOI") encompasses due diligence and regulatory reporting requirements under the Foreign Account Tax Compliance Act ("FATCA") and the Common Reporting Standard...

There have been a number of recent amendments to the Common Reporting Standard (CRS) and FATCA reporting regimes in the Cayman Islands.

The Cayman Islands Parliament has approved the Beneficial Ownership Transparency Act (BOT Act), as a restatement and enhancement of Cayman's beneficial ownership regime.

In our latest economic substance briefing, Appleby and its affiliate Appleby Global Services remind clients subject to the ES Test of this economic substance filing obligation.

The Beneficial Ownership Transparency Act, 2023 (the "BOT Act") introduced by the Cayman Islands mark significant changes to the beneficial ownership regime, aiming to enhance transparency...

In this article in the latest edition of the AIMA Journal, Chris Capewell and Anthony Mourginos discuss the changes to the Economic Substance Regime and the CSR Compliance Form.

The Cayman Islands Monetary Authority ("CIMA") recently issued an updated Regulatory Policy on Consolidated Supervision (the "Policy"). The Policy expands on an earlier version...

A current trend in global regulation is to ensure not only implementation of rules created by supranational bodies, but also of their application. By way of example, the Financial Action Task...

On 23 June 2023, the FATF announced that the Cayman Islands had fulfilled the remaining action item and is now eligible for removal from its list of jurisdictions subject to increased monitoring.

Automatic Exchange of Information (“AEOI”) is an integral part of the global platform on fighting tax evasion. The AEOI regulatory framework entails cross-jurisdictional sharing of key data in relation to client financial accounts and transactions. AEOI encompasses the US Foreign Account Tax Compliance Act (“FATCA”) and the OECD’s Common Reporting Standard (“CRS”) frameworks and requires due diligence efforts as well as reporting.