Cayman Islands: Amendments to CRS regulations | KPMG | GLOBAL
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Cayman Islands: Amendments to CRS regulations

Cayman Islands: Amendments to CRS regulations

The Cayman Islands Cabinet in late December 2016 issued an industry update noting Cabinet approval of:


Related content

  • The Tax Information Authority (Amendment) Law, 2016 (Commencement) Order, 2016
  • The Tax Information Authority (International Tax Compliance) (Common Reporting Standard) (Amendment) Regulations, 2016 (“Second Tranche”) 

The Second Tranche of CRS regulations have been issued by the Cayman Islands government “to ensure effective implementation” of the CRS. The Cayman Islands Tax Information Authority has confirmed that after 2017, all CRS participating jurisdictions “will be subject to an in-depth peer review process facilitated by the OECD.”


Read a January 2017 report [PDF 70 KB] prepared by the KPMG member firm in the Cayman Islands

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