Clients are reminded of the following important filing dates for Financial Institutions (FIs) under the CRS and FATCA Regime and Economic Substance regime filings with the Tax Information Authority in the Cayman Islands. Additionally, clients are...
The European Securities and Markets Authority (“ESMA”) has confirmed that it will shortly commence an assessment of the Cayman Islands for its inclusion within the passport regime under the terms of the Alternative Investment Fund Managers Directive. The announcement was made by Steven Maijoor, chair of ESMA, at a session of the Economic and Monetary Affairs Committee at the European Parliament on 13 October 2015.
Read past AIFMD update here.