CAYMAN ISLANDS: EU takes Cayman Islands off AML list

The Ministry of Financial Services in the Cayman Islands has announced that as of 7 February, the EU has officially removed the Cayman Islands from its list of high-risk third countries with anti-money laundering, countering the financing of terrorism and counter proliferation financing (AML/CFT/CPF) deficiencies.

The EU Commission removed the Cayman Islands from its AML list following the publication of its Delegated Act.

Cayman’s delisting from the EU AML list was in line with previous EU protocol, the Ministry pointed out.

5 February 2024

ASIA: Asian Development Bank commits record climate finance of almost US$10 billion in 2023

The Asian Development Bank (ADB) committed a record amount of climate finance in 2023 to help its developing member countries (DMCs) in Asia and the Pacific cut greenhouse gas emissions and adapt to

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11 March 2024

AFRICA: South Africa struggles to get off the FATF grey list

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UK: HMRC investigations of wealthy ‘tax dodgers’ halve in five years

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