Our Offshore Lawyers Worldwide Anguilla Sao Paulo British Virgin Islands Cayman Islands Cyprus Vancouver Hong Kong London Montevideo Singapore Tokyo Shanghai Bermuda

Legal Updates

Developments in law or practice in our jurisdictions

Cayman Islands AEOI – notification deadline extended to 31 July 2017 and further updates

Publication Date:
29 June 2017

The Cayman Islands Tax Information Authority (TIA) recently confirmed an extension of the deadline for Cayman financial institutions to comply with their notification obligations under Cayman's automatic exchange of information (AEOI) legislation. The new deadline is 31 July 2017, rather than 30 June 2017. An updated AEOI portal user guide is also now available from the TIA here and the AEOI portal has re-opened for notification and reporting purposes.

The vast majority of Cayman Islands investment funds will be classified as Cayman Reporting Financial Institutions under the Cayman Islands AEOI legislation and so have notification, reporting and other ongoing obligations, as we detailed in our previous alert

This update sets out revised key dates for 2017, and additional new developments.

Harneys' dedicated team of FATCA and CRS specialists can help advise on your compliance with these obligations, and provide registration, reporting and principal point of contact services.

Please contact your usual Harneys contact or visit www.harneys.com/Cayman if you have any questions or would like further advice on your AEOI obligations. 

Stay informed: join our mailing list.