News - Expertise: Regulatory & Financial Services
Read our latest articles, thought leadership, press releases, updates and announcements.
The information within these articles are opinions and/or pieces of thought leadership.
They do not purport to be comprehensive or to render legal advice.
14 Sep 2017
Following the closure of its AEOI Portal, the Cayman Islands Department for International Tax Cooperation has issued an advisory dated 13 September 2017, announcing its approach to dealing with prior and new information requests and enquiries emailed to its AEOI Portal mailbox.
31 Aug 2017
Pursuant to an industry advisory dated 30 August 2017, as expanded by the AEOI News and Updates publication on its website, the Cayman Islands Department for International Tax Cooperation has announced that the AEOI Portal will remain open until 4:00pm on 13 September 2017 to accept late registrations, variations, reporting and filing declarations.
Please note that there is no extension of the CRS and FATCA reporting deadlines of 31 August 2017 and submissions after 31 August are technically in breach of regulations.
15 Aug 2017
As a result of a tropical wave that affected the territory of the British Virgin Islands ("BVI") last week, the Government of the BVI has now announced that the deadline for the submission of CRS reports via the BVI Financial Account Reporting System has been further extended from 18 August 2017 to 1 September 2017.
20 Jul 2017
Pursuant to an industry advisory dated 19 July 2017, the Cayman Islands Department for International Tax Cooperation has announced a final extension of the 2017 Reporting Deadline for FATCA and CRS to 31 August 2017. The BVI International Tax Authority has also recently announced that the deadline for submitting enrolment applications to BVIFARS for CRS has been extended from 30 June 2017 to 31 July 2017 and the deadline for the submission of CRS reports has been extended from 31 July 2017 to 18 August 2017.
19 Jul 2017
On 14 July 2017, the Irish Department of Finance issued a feedback statement on its 2016 public consultation on Ireland's approach to the transposition of MiFID II (the "Feedback Paper").