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Cayman Islands Welcomes Removal for EU Non-Cooperative List

08 October 2020

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Approved Changes

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Cayman Islands-European Union

The Cayman Islands Government has issued a release welcoming the decision of the EU Council to remove the Cayman Islands from the list of non-cooperative jurisdictions. --- CIG Welcomes EU Listing Decision The Cayman Islands Government welcomes the EU's decision to remove Cayman from its list of non-cooperative jurisdictions for tax purposes. Cayman's Premier, the Hon. Alden McLaughlin, said the February 2020 listing was in relation to investment funds supervision. "Cayman responded positively by expanded the scope of our funds regime to ensure that the Cayman Islands Monetary Authority, our financial services regulator, has the legal mandate to supervise all...