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.
Donald Trump’s withdrawal of US overseas aid will almost decimate global climate finance from the developed world, data shows, with potentially devastating impacts on vulnerable nations. The US was
Small business tax evasion is costing the state billions of pounds of revenue a year as “significant gaps” in the UK’s tax authority’s strategies persist, a new report has revealed. A National
U.S. banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and related activities.The Federal Reserve said
In the two weeks since the Corporate Transparency Act (CTA) went into effect (see our alert here), the Financial Crimes Enforcement Network (FinCEN) has published several Frequently Asked Questions