Home > News > Government to Further Enhance Cayman’s Beneficial Ownership Regime
Government to Further Enhance Cayman’s Beneficial Ownership Regime
Government to Further Enhance Cayman’s Beneficial Ownership Regime

8 January 2020

The Cayman Islands Government is presenting three bills to further refine and improve the jurisdiction’s beneficial ownership regime.

The Cayman Islands Government is presenting three bills to further refine and improve the jurisdiction’s beneficial ownership regime.

During the next meeting of the Legislative Assembly, the following bills will be debated:

The bills provide clarification to the definition of beneficial owner and corporate service provider responsibilities. Additionally, the available exemptions and powers of the Registrar of Companies have been examined and addressed. These changes will strengthen the beneficial ownership regime in the Cayman Islands.

For more information, please contact financialservices@caymangov.ky

More News

Cayman Presents to FATF on Final AML Recommended Action

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. André Ebanks, a Cayman Islands delegation has updated a Financial Action Task Force (FATF) review group on our money-laundering investigations and prosecutions, to demonstrate the Cayman Islands’ capability and capacity for fighting financial crimes.