The Cayman Islands government has announced that a further five Bills are to be presented to the legislative assembly, to satisfy the Caribbean Financial Action Task Force’s (CFATF’s) recommendations for stricter anti-money laundering rules. A deadline of 21 February has been agreed for the Cayman Islands to demonstrate that it has made ‘positive and tangible...Read More

  With the Money Laundering and Terrorist Financing (Amendment) Regulations 2019 now in force, HMRC has warned that all firms are required to be fully compliant with the new requirements from 10 January (last Friday), although the short lead-in time will be taken into account when assessing any sanctions. In particular, says HMRC, trust or...Read More