December 6, 2023

Cayman Islands gives FIs until July 31, 2019 to file FATCA and CRS reports

By Aureon Herron-Hinds & Tamarah Francois-Peek From RSM Cayman Islands has announced that it will accept Cayman FATCA and CRS reports (which were originally due on May 31, 2019) through July 31, 2019 and that these late returns will not be subject to any adverse consequences for late filing. The announcement provides much needed relief for Cayman […]

CARPHA/CRS and The Organization of Eastern Caribbean States/Pharmaceutical Procurement Service Form Partnership

Monday, October 15, 2018 — The Organization of Eastern Caribbean States/Pharmaceutical Procurement Service (OECS/PPS) is announcing a new partnership with the Caribbean Public Health Agency/ Caribbean Regulatory System (CARPHA/CRS) that will require all anti-retroviral (ARVs) medicines to receive approval by the CRS in order to participate in the upcoming OECS/PPS ARV tender in June of 2019. […]

Cayman Islands: AEOI Portal update and FATCA/CRS error notifications

From KPMG Date: 18 September 2018 Alert Type: Announcement Country: Cayman Islands Regime: FATCA/CRS On 14 September 2018, the Department for International Tax (“DITC”) announced that the AEOI Portal is online and open for notifications and reporting for all years. In addition, the DITC updated the section on FATCA IRS Error Notifications. The updated section […]

Senior associate promotions at Ogier in Cayman Islands

Ogier has promoted funds and corporate specialists Sophia Leavett and Praajakta Pargaonkar to senior associate in its Cayman team. Sophia specialises in funds and corporate transactions, providing advice to some of the firm’s largest investment manager clients. She is part of Ogier’s international tax cooperation and regulatory team, providing guidance on the impact of FATCA […]

Sir Ronald Sanders: EU and OECD have Caribbean on the ropes again

By Ronald Sanders From Caribbean360 WASHINGTON, United States, Thursday August 2, 2018 – The financial services sector of Caribbean jurisdictions, and other parts of the developing world, have been under continuous assault by the European Union (EU) and the Organization for Economic Cooperation and Development (OECD) since the mid-1990s. This assault will peak again in […]

Cayman Islands financial institutions to face new CRS reporting thresholds, self-cert requirements

From MNE Tax By Denise M. Hintzke  &  Douglas Scott, Deloitte Tax LLP While many of the world’s tax compliance professionals rightly focused on completing Cayman FATCA/CRS reporting before the reporting portal was temporarily taken offline on Friday, June 1, recent substantive changes to other aspects of the Cayman compliance regime slipped under the radar […]

Sir Ronald Sanders: The OECD: A robust response required

By Sir Ronald Sanders   (The writer is Antigua and Barbuda’s Ambassador to the US and the OAS. He is also a Senior Fellow at the Institute of Commonwealth Studies at the University of London and at Massey College in the University of Toronto. The views expressed are his own) SMALL states, including those in […]

New system to monitor medicines in the Caribbean

From Presna Latina Georgetown, Feb 5 (Prensa Latina) A voluntary regional system for CARICOM states will allow them to report adverse drug reactions, suspected substandard and falsified products, report the media today. The project, called VigiCarib, was launched by the Caribbean Regulatory System (CRS) to help protect patients in the region, highlights Caricom Today. The […]

Cayman Islands: Q&A with Bradley Kruger: The offshore perspective on blockchain and cryptocurrencies

Ogier From Lexology Cayman Islands January 15 2018 Bradley Kruger is a partner in Ogier’s Cayman team, and heads the firms Caribbean and Asia corporate practice. In this Q&A he explores the offshore perspective on blockchain and crypto-currencies. What do offshore jurisdictions offer Crypto currency innovators that onshore jurisdictions don’t? The benefits are the same […]

Higgs & Johnson elevates award-winning attorney to Senior Associate

GEORGE TOWN, Cayman Islands. 5 October 2017. Full service corporate and commercial law firm Higgs & Johnson is pleased to announce that Jo-Anne Stephens has been named Senior Associate. Ms. Stephens has more than eleven years of experience in the profession and joined the Cayman office of Higgs & Johnson in 2015 as a member […]