Cayman Islands - Automatic Exchange of Information

Published: 05 September 2017


The Cayman Islands Department of International Cooperation (DITC) has issued revised FATCA and CRS Guidance Notes (Version 2.1). Changes to the guidance include clarification of the requirements for obtaining self-certifications on opening new accounts and record keeping time limits.

The DITC has also stated that the Cayman AEOI Portal will remain open until  4 pm on 13 September 2017 to permit filing of returns past the 31 August 2017 deadline. Such late filed returns will remain in breach of the regulations and subject to penalties. For further information, please contact Paul Hale.