Legislative changes proposed to strengthen CIMA’s AML enforcement and information sharing
MFS released bills proposing to strengthen CIMA’s powers to apply proportionate and dissuasive sanctions to all types of legal persons.
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The IMS Blog
Mar 23, 20231 min read
CIMA Notice: Private Fund SP Fees to be Returned
CIMA will no longer collect annual registration fees on behalf of Segregated Portfolios for private fund Segregated Portfolio Companies.
Mar 22, 20234 min read
OECD declares global corporate minimum tax ‘now a reality’
The OECD has said global corporate tax reform plans are well underway with the implementation of a global minimum corporate tax.
Mar 22, 20233 min read
Financial industry unconcerned about new global tax rate
At the RF Cayman Economic Outlook Conference, financial leaders concluded that there’s nothing to fear from a new global min corp tax rate.
Mar 22, 20232 min read
CIMA Launches First Financial Stability Report
The Cayman Islands Monetary Authority has launched its first-ever annual Financial Stability Report.
Feb 27, 20232 min read
FATF Notes the Cayman Islands’ Continuous Progress
The FATF has duly noted the continuous progress by the Cayman Islands toward being removed the Grey List.
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