FATF Notes the Cayman Islands’ Continuous Progress

FATF Notes the Cayman Islands’ Continuous Progress

Grand Cayman, 24 February 2023 – The Cayman Islands is pleased that the FATF has duly noted our continuous progress toward completing the final recommended action regarding investigations and prosecutions of money laundering cases. “Our aim is to demonstrate...
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...
Cayman Satisfies Another FATF Recommended Action; Delisting Now Within Range

Cayman Satisfies Another FATF Recommended Action; Delisting Now Within Range

This means that the Cayman Islands has satisfied 62 of 63 recommended actions in relation to improving our anti-money laundering and countering the financing of terrorism (AML/CFT) regime.   Importantly, it also moves the Cayman Islands much closer to being...
Financial Services Minister to Address FATF Plenary in Paris

Financial Services Minister to Address FATF Plenary in Paris

Minister of Financial Services and Commerce, the Hon. André Ebanks; and the Director of the Anti-Money Laundering Unit, Francis Arana, are attending the plenary. Before the update is announced, they will take the opportunity to address and engage with the...
Cayman’s FATF Progress Also Addresses Expected EU Listing

Cayman’s FATF Progress Also Addresses Expected EU Listing

By progressing to completion the Financial Action Task Force plan, thereby addressing remaining AML issues with our regime, the Cayman Islands intends to be removed from the list of jurisdictions the FATF is monitoring for AML effectiveness; and from an expected...