The Ministry of Financial Services and its related entities have instituted a number of changes to increase efficiency of its operations to better support the work of the financial services industry in the midst of the coronavirus (COVID-19) pandemic. Most of the changes can be seen in the registration of company details with the Registrar …
Ministry Increases Efficiency During COVID-19 Pandemic Read More »
JTC has made a Group-wide donation of £100,000 to support charities in their international efforts to combat the impact of the Covid-19 pandemic. The donation will be split between three charities which were selected by employees from across JTC’s global network of offices. The charities to benefit are: The World Health Organisation – “WHO” will …
JTC MAKES £100K DONATION TO CHARITIES TO SUPPORT GLOBAL COVID-19 RELIEF EFFORTS Read More »
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 »
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 …
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 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 »
The Department for International Tax Cooperation (DITC) is following Cayman Islands Government policy and activating its business continuity plan during the coronavirus (COVID-19) pandemic. As a result, the DITC expects to maintain its operational frameworks and international obligations. Confidentiality and data safeguards remain critical for DITC functions and strict security measures will continue to apply …