Cayman Islands survey reveals most prepared for FACTA
A recent survey carried out on 105 respondents from the financial services industry suggested that most are well prepared for the FATCA regime in the Cayman Islands. The survey was carried out by local consulting firm FTS during the period…
Private Funds, the Cayman Islands IGA and FACTA
By Simon Riveles and Simon M. Cooke. From Riveles Law Group On November 29, 2013, the Cayman Islands signed a FACTA Model 1 intergovernmental agreement (“IGA”) with the United States. The IGA ensures that financial institutions located in the Caymans,…
The Editor Speaks: UK’s ‘beneficial ownership’ plan attacked
It is not surprising that the Cayman Islands Law Society and the Chamber of Commerce have both made public their opposition to the United Kingdom’s proposals to make public the list of individuals or companies that benefit from registered financial…
