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Cayman Islands Extends Deadline for Beneficial Ownership Filling Due to Change in Definition

01 May 2020

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Approved Changes

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Cayman Islands

The Cayman Islands Ministry of Financial Services announced on 20 April 2020 an extension of the deadline for beneficial ownership filling in order to take into account a new definition for beneficial ownership. --- Beneficial Ownership Filings Extended to Capture New Definition Industry is advised that the deadline for beneficial ownership (BO) filings has been further extended to 15 May, with submissions needing to capture the new legal definition for BO. BO filings, previously due Monday, 20 April, can be submitted electronically via the CAP system. The timing of the filings is in line with the new definition of a...