March 22, 2022 | Press Releases
The Anti-Money Laundering Unit (AMLU) Issues the 2021 National Risk Assessment
The Anti-Money Laundering Unit today (22 March 2022) released the Cayman Islands’ 2021 National Risk Assessment (“2021 NRA”), which evaluated the money laundering (ML), terrorist financing (TF), and proliferation financing (PF) risks the jurisdiction faces. Download to see the full Press Release. Find the full NRA here: https://amlu.gov.ky/resources/#risk-assessments
October 27, 2021 | Press Releases
Cayman Islands now compliant or largely compliant with 40 out of 40
Published: October 21, 2021
February 25, 2021 | News Press Releases
Cayman Commits to Addressing Remaining FATF Recommendations
The Cayman Islands Government (CIG) has confirmed that it will work to fulfil the requirements of a 15-month action plan by the Financial Action Task Force (FATF) to address remaining recommendations by that body to strengthen its anti-money laundering, counter terrorist-financing and counter-proliferation regime.
December 7, 2020 | Events
Outreach Session on NPO Corporate Governance
The Registrar of NPOs held an outreach session on NPO corporate governance the evening of 15 October, 2020 in the Government Administration Building.
November 3, 2020 | Press Releases
For the Record Radio Interview with National Coordination Team
On Friday 28 September, the For the Record radio show held an interview with the National Coordination Team of the Government’s Anti-Money Laundering Steering Group.
November 2, 2020 | Press Releases
Cayman Reports FATF Progress
The National Coordinator for Government’s Anti-Money Laundering Steering Group (AMLSG) Elisabeth Lees gives an interview on the current progress of the Cayman Islands during the FATF Observation Period.
September 28, 2020 | Events
ML/TF/PF Risks and Typologies Webinar
The Anti-Money Laundering Unit, on the 3rd of July, held webinar that focused on money laundering, terrorist financing and proliferation risks and typologies via Zoom, for industry professionals in financial institutions and designated non-financial businesses and professions (DNFBPs).
September 15, 2020 | Press Releases
FATF Report on ML/TF Red Flag Indicators Associated with Virtual Assets
As of the 14th September 2020, the Financial Action Task Force published a report that focuses on money laundering and terrorist financing red flag indicators associated with virtual assets. This report, based on more than 100 case studies collected by members of the FATF Global Network, highlights the most important red flag indicators that could suggest criminal behaviour in relation to virtual assets. The report discusses key indicators to do with:
June 29, 2020 | Press Releases
Counter-Terrorism Committee Executive Directorate (CTED) Report
A report was done by the Counter-Terrorism Committee Executive Directorate (CTED) on measures taken by Member States to disrupt terrorism financing.
June 29, 2020 | Press Releases
Cayman Islands Final AML/CFT Assessment Postponed
The deadline for the Cayman Islands to enhance its AML/CFT framework was postponed by four months due to the worldwide disruptions caused by the COVID-19 pandemic, as announced by the President of the Financial Action Task Force (FATF) in a letter to the jurisdiction. The Cayman Islands has an additional four months to continue to address the areas identified in the jurisdiction’s Mutual Evaluation Report, published in March 2019.