The Cayman Islands Tax Information Authority has issued Enforcement Guidelines in relation to CRS and Economic Substance Regulations. Enforcement Guidelines Issued - Common Reporting Standards and Economic Substance The Ministry of Financial Services ...
In a climate of increased regulation, it is vital for businesses to take professional advice on regulatory matters.
Stuarts' regulatory team advises insurers, banks and trusts and other regulated financial institutions and entities on all aspects of financial regulation in the Cayman Islands and have extensive knowledge of applicable laws, regulations and rules. We also have particular experience and expertise in the additional compliance challenges associated with the use of bitcoin, ether and other cryptocurrencies as a means of payment, particularly in the context of investment funds.
We offer concise and clear advice to clients and can draw upon compliance experts.
With the continuing development of the regulatory environment, the role of our regulatory team is critical in identifying the various regulatory risks our clients may face and in the implementation of controls for protection against those risks.