Cayman News

  • Panton battles latest blacklist

    December 24, 2015
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    Financial Services Minister Wayne Panton is still battling to get the Cayman Islands taken off the latest blacklist, maintaining that the inclusion of Cayman on the European blacklist of financial centres was completely inappropriate and misinformed.

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  • Cayman Islands reject Cameron’s tax offensive

    December 23, 2015
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    David Cameron has been urged to intensify efforts to prise open offshore companies by campaigners who say the resistance of Britain’s overseas territories to his transparency drive is a “national embarrassment”.

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  • Cayman Aircraft Registration Guide

    December 23, 2015
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    Richard Munden and Elaine Kerr of Walkers provide a guide to the Cayman Islands Aircraft Registry. Oversight of civil aviation throughout the Cayman Islands and of aircraft registered in the Cayman Islands is carried out by the Civil Aviation Authority of the Cayman Islands (the “CAACI”). The CAACI operates in accordance with the Air Navigation (Overseas Territories) Order 2013...

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  • Cayman Islands Enact OECD Common Reporting Standard Regulations for Automatic Exchange of Tax Information

    December 23, 2015
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    On October 16, 2015, the Cayman Islands Tax Information Authority (TIA) issued regulations implementing the OECD Common Reporting Standard (CRS) for the global automatic exchange of information for tax purposes (AEOI) in the Cayman Islands (CRS Regulations).1 The OECD intends for the CRS to establish a new global standard for information exchange. The CRS Regulations enter into force January...

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  • Panton proposes beneficial ownership deal

    December 11, 2015
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    Government proposed what it calls a “centralized platform” for beneficial ownership information where service providers would keep the information and investigators would be able to access the data when necessary.

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