FATF: Cayman Islands Tables 11 More AML Regulations

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Following the Caribbean Financial Action Task Force’s 4th round of mutual evaluation reports; the Cayman Islands government have composed more potential regulations and will present a further 11 Bills to the Legislative Assembly for voting later this week.

Many of the Bills increase the disclosure of information by trustees; and generally reinforce and clarify the country’s anti-money laundering regime; as well as making a public directory of Company Directors and Owners of Cayman-owned companies.