Parliament to Hear How Companies Amendment Bill will Enhance Financial Services

Parliament to Hear How Companies Amendment Bill will Enhance Financial Services

The Companies (Amendment) Bill, 2024 was gazetted today in line with the normal 28-day public notice period. The Bill enhances Cayman’s product offerings by introducing the following innovative commercial enhancements: a new procedure for reducing share capital...
Cayman Islands Removed from the EU’s AML List

Cayman Islands Removed from the EU’s AML List

Grand Cayman, 19 January 2024 – The Cayman Islands’ removal from the EU’s list of jurisdictions with deficiencies in their AML/CFT (anti-money laundering and countering the financing of terrorism) regimes will become effective on 7 February. “The...