Planning for Cayman CRS Compliance - What you need to know
While CRS compliance is typically complex, there is a particular importance surrounding CRS in the Cayman Islands learn more about the new requirements
In April 2020, the Cayman Tax Authority (DITC) announced a new “CRS Compliance Form”. This is an expansion of requirements under the Cayman automated exchange of information regime affecting all managers with funds domiciled in Cayman. With this new requirement comes various impacts and changes to Cayman CRS Compliance.
SS&C is committed to assisting the financial industry with the new Cayman CRS Compliance and is providing full preparation services with regard to the CRS Compliance form, which includes determining which sections apply and collecting responses for those sections.