The Ministry of Financial Services wishes to advise the following: Industry is advised that the deadline for beneficial ownership (BO) filings have been further extended to 15 May, with submissions needing to capture the new legal definition for BO. BO filings, previously due today (Monday, 20 April), can be submitted electronically via the CAP system. …
Beneficial Ownership Filings Extended to Capture New Definition Read More »
More than 450 meals were provided to workers at the Health Services Authority (HSA) over the Easter weekend through a ‘Feeding the Frontline’ initiative by Cayman Finance. Supported by donations from its membership, Cayman Finance was able to coordinate lunch deliveries for HSA staff over four days. The Cayman Finance ‘Feeding the Frontline’ programme was …
Cayman Finance ‘Feeding the Frontline’ Programme Supports Healthcare Workers Read More »
CRS Form Released, FATCA Deadline Extended The Department for International Tax Cooperation (DITC) advises industry of the following: CRS Compliance Form As of today (Wednesday, 15 April) the DITC is providing industry with the advance release of its new CRS Compliance Form. Whilst the 2020 deadline for submission of this form is 31 December 2020, …
George Town, Cayman Islands – April 2, 2020 Deloitte staff and partners are pleased to announce that they have made a US$50,000 donation to help established charitable organisations, Meals on Wheels and Feed Our Future, continue to feed and serve at-risk members of our community. The firm donated US$25,000 to each charity on April 1st, …
Deloitte staff and partners raise US$50,000 for community response to COVID-19 Read More »
The Cayman Islands Monetary Authority (“CIMA”) wishes to advise of the following: As it continues to work remotely, the Cayman Islands Monetary Authority is taking the necessary steps to fulfill our commitment to remain accessible to our stakeholders. Below is a list of key email addresses, which licensees and other interested parties can refer to …
CEO Jude Scott wrote the following article ‘Liquidity and transparency: why tax neutral hubs matter in critical times’ which has been published in the Hedgeweek Cayman Islands In Focus 2020 special report. “Governments around the world have taken dramatic action to address the health risks caused by COVID-19, but doing so has also created a …
Liquidity and Transparency: Why Tax Neutral Hubs Matter in Critical Times Read More »
Ogier has announced the promotion of seven people in its Cayman Islands team as part of its latest round of global promotions. James Lydeard and Gemma Lardner have become managing associate in Banking and Finance and Dispute Resolution, respectively. Jessica Crawford, Michael Robinson, Rebecca Findlay and Ridhiima Kapoor have been promoted to senior associate in …
Ogier announces seven promotions in Cayman Islands team Read More »
Further to their notice dated 25 March 2020, the Cayman Islands Monetary Authority (“CIMA”) wishes to advise of the following: Extension Fees There are no fees associated with the recently published extensions for filing regulatory returns. However, all other fees remain in effect and are payable upon the relevant regulatory filing being made. CIMA expects …
The Cayman Islands Financial Services Industry continues to provide tremendous value as the main economic driver of the Cayman Islands economy. Industry firms, Government and the regulator have implemented their business continuity plans to enable employees to work remotely from home and continue providing business services as usual across the industry during the extended curfew measures that have been put in place locally. “By taking …
The Registrar of Companies (ROC) and the Department for International Tax Cooperation (DITC) have extended the deadlines for entities to complete their annual returns and economic substance notification filings. The annual return filing deadline has been extended until 30 June. The extension will apply to all companies, including limited liability companies and foundation companies. Penalties …
Extensions Given for Annual Returns and Economic Substance Notifications Read More »