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FATF completes onsite visit of the Cayman Island
Hon. André Ebanks A delegation from the Americas Joint Group (Joint Group), a sub-working group of the Financial Action Task Force’s (FATF) International Co-Operation Review Group (ICRG), completed its onsite visit to the Cayman Islands on Friday, 1 September. The…
Cayman presents AML progress to FATF in Mexico
Grand Cayman, 5 May 2023 – Attorney General, the Hon. Samuel Bulgin, KC and Minister for Financial Services and Commerce, the Hon. André Ebanks, are leading a Cayman Islands Government delegation to Mexico to update the Financial Action Task Force…
FATF notes the Cayman Islands’ continuous progress
Grand Cayman, 24 February 2023 – The Cayman Islands is pleased that the FATF has duly noted our continuous progress toward completing the final recommended action regarding investigations and prosecutions of money laundering cases. “Our aim is to demonstrate significant progress in time…
Cayman presents to FATF on Final AML recommended action
Grand Cayman, 13 January 2023 – Led by the Attorney General, the Hon. Samuel Bulgin, KC; and the Minister of Financial Services and Commerce, the Hon. AndréEbanks, a Cayman Islands delegation has updated a Financial Action Task Force (FATF) review group…
Cayman satisfies another FATF recommended action; Delisting now within range
Grand Cayman, 21 October 2022 – The Cayman Islands has satisfied another Financial Action Task Force (FATF) recommended action, signifying our improved ability to fight money laundering and terrorism financing. This means that the Cayman Islands has satisfied 62 of 63…
Cayman Islands government tables 11 more anti-money laundering Bills to meet FATF demands
Thursday, 18 July, 2019 From STEP Next week, the Cayman Islands government will present a further 11 Bills to the Legislative Assembly to reinforce its anti-money laundering regime. The legislation is required to meet the recommendations set out in the…
Bahamas placed on UK’s money laundering watchlist
By: Pedro Gonçalves From International Investment The UK has added the Bahamas to its money laundering watchlist, with the HM Treasury now requiring firms to put special procedures in place when dealing with Bahamian resident entities and clients. The British…
CARICOM Caribbean Community : Statement by CARICOM
The Caribbean Community (CARICOM) recognises that global security and financial crime are increasingly intertwined and therefore supports the work of the FATF and its regional bodies in developing international AML/CFT standards to combat money laundering and terrorist financing. Within the…
New Anti-money Laundering Regulations come into force
By Patrick Colegrave Harneys From ILO Introduction The government has adopted updated Anti-money Laundering Regulations which came into force on October 2 2017. The regulations demonstrate the Cayman Islands’ ongoing commitment to comply with the highest international standards on combating…
CFATF Mutual Evaluation of the Cayman Islands
As part of the Caribbean Financial Action Task Force (CFATF) Mutual Evaluation process, a team of examiners will be in the Cayman Islands from 4th-15th December 2017 to assess the jurisdiction’s efforts in combating money laundering and the financing of…
