MFS released bills proposing to strengthen CIMA’s powers to apply proportionate and dissuasive sanctions to all types of legal persons.

CIMA will no longer collect annual registration fees on behalf of Segregated Portfolios for private fund Segregated Portfolio Companies.

The OECD has said global corporate tax reform plans are well underway with the implementation of a global minimum corporate tax.

At the RF Cayman Economic Outlook Conference, financial leaders concluded that there’s nothing to fear from a new global min corp tax rate.

The Cayman Islands Monetary Authority has launched its first-ever annual Financial Stability Report.

The FATF has duly noted the continuous progress by the Cayman Islands toward being removed the Grey List.