Please ensure Javascript is enabled for purposes of website accessibility

People

Big things are happening at Ogier. Change is embedded in everything we do. It is redefining our talent, our ways of working, our platforms of delivery, our culture.

Expertise

Services

We have the expertise to handle the most demanding transactions. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies means we add real value to clients’ businesses.

Sectors

Our sector approach relies on smart collaboration between teams who have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients to see around corners.

Services

We have the expertise to handle the most demanding transactions. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies means we add real value to clients’ businesses.

View all services

Legal

Corporate and Fiduciary

Consulting

Legal

See legal pages

Banking and Finance

Corporate

Dispute Resolution

Employment law

Intellectual Property

Investment Funds

Listing services

Local Legal Services

Private Wealth

Property law

Regulatory

Restructuring and Corporate Recovery

Tax

Banking and Finance overview

Asset Finance

CAYLUX Fund Finance

Debt Capital Markets

Derivatives

Fund Finance

Islamic Finance

Leveraged Finance

Listing services

Real Estate Finance

Restructuring and Corporate Recovery

Structured Finance

Sustainable Finance

Regulatory

Corporate overview

Economic Substance

Equity Capital Markets

Listing services

Mergers and Acquisitions

Private Equity

Real Estate Structuring, Acquisitions and Disposals

Regulatory

Technology and Web3

Dispute Resolution overview

Banking Disputes

Corporate and Financial Services Disputes

Crypto Disputes

Enforcement of Judgments and Awards

Fraud and Asset Tracing

Funds Disputes

Insurance Disputes

International Arbitration

Regulatory

Restructuring and Corporate Recovery

Section 238 Shareholder Appraisal Rights

Shareholder and Valuation Disputes

Trusts Disputes and Applications

Investment Funds overview

Hedge Funds

Managers and Sponsors

Private Equity

Real Estate, Infrastructure and Energy Funds

Regulatory

Sustainable Investing and Impact Funds

Technology and Web3

Local Legal Services overview

Cayman Local Legal Services

Channel Islands Local Legal Services

Ireland Local Legal Services

Employment law

Estate Planning, Wills and Probate

Expat services

Family Office

Intellectual Property

Make your Guernsey will online

Make your Jersey lasting power of attorney online

Make your Jersey will online

Notary public services

Relocating your business

Relocating your family

Property law

Private Wealth overview

Employee incentives and pensions

Estate Planning, Wills and Probate

Family Office

Make your Guernsey will online

Make a Jersey lasting power of attorney online

Make your Jersey will online

Private Wealth and ESG

Private Wealth and Jersey Private Funds

Trusts Advisory Group

Regulatory overview

Competition Law

Economic Substance

GDPR

Corporate and Fiduciary

View all Corporate and Fiduciary

Accounting and Financial Reporting Services - Ogier Global

Cayman Islands AML/CFT training - Ogier Global

Corporate Services - Ogier Global

Debt Capital Markets - Ogier Global

Fund Services - Ogier Global

Governance Services - Ogier Global

Investor Services - Ogier Global

Ogier Connect - Ogier Global

Private Wealth Services - Ogier Global

Real Estate Services - Ogier Global

Regulatory and Compliance Services - Ogier Global

Consulting

View all Consulting

Ogier Regulatory Consulting

Sustainable Investment Consulting

LexTech - Technology Consultants

Ogier Regulatory Consulting overview

Cyber security consulting

Sustainable Investment Consulting overview

ESG Align - Ogier Global

Business Services Team

View all Business Services Team

Sectors

Our sector approach relies on smart collaboration between teams who have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients to see around corners.

View all sectors

Aviation and Marine

BVI Law in Europe and Asia

CAYLUX

Energy and Natural Resources

Family Office

Funds Hub

Private Equity

Real Estate

Restructuring and Corporate Recovery

Sports

Sustainable Investing and ESG

Technology and Web3

Trusts Advisory Group

Locations

Ogier provides practical advice on BVI, Cayman Islands, Guernsey, Irish, Jersey and Luxembourg law through our global network of offices across the Asian, Caribbean and European timezones. Ogier is the only firm to advise on this unique combination of laws.

All locations

Beijing

British Virgin Islands

Cayman Islands

Dubai

Guernsey

Hong Kong

Ireland

Jersey

London

Luxembourg Legal Services

Luxembourg Corporate Services

Shanghai

Singapore

Tokyo

News and insights

Keep up to date with industry insights, analysis and reviews. Find out about the work of our expert teams and subscribe to receive our newsletters straight to your inbox.

Fresh thinking, sharper opinion.

All news and insights

Events

About us

We get straight to the point, managing complexity to get to the essentials. Our global network of offices covers every time zone. 

About us

Corporate social responsibility (CSR)

Diversity, equity and inclusion

Information security

Innovation

Sustainability

No Content Set
Exception:
Website.Models.ViewModels.Components.General.Banners.BannerComponentVm

Cayman Islands satisfies FATF's action plan

News

27 June 2023

Cayman Islands

2 min read

ON THIS PAGE
Headshot of James Bergstrom

James Bergstrom

ON THIS PAGE

RELATED

Investment Funds

Regulatory

Save as PDF

The Cayman Islands has achieved a key milestone towards removal from the Financial Action Task Force's so-called "grey" list.

The Financial Action Task Force (FATF) has completed a detailed assessment of the Cayman Islands anti-money laundering and counter-terrorist financing (AML/CFT) regime and has confirmed that the Cayman Islands has now satisfied all of the FATF's recommended actions to address any prior deficiency in its AML/CFT regime.

The Cayman Islands will undergo a standard onsite inspection by the FATF later this year and will be eligible to be removed from the FATF's list of jurisdictions under increased monitoring in October. Removal from the so-called "grey" list would be a recognition that the Cayman Islands has a robust and effective AML/CFT regime in place.

Once Cayman is removed from the FATF list, it is expected that the European Commission will initiate steps to delist the Cayman Islands from the EU's list of "high-risk third countries" identified as having deficiencies in their AML/CFT regimes as the EU's list is closely aligned with the FATF's listing process.

A statement on this from the Cayman Islands Ministry of Financial Services can be found here.

For further information concerning the above matters, please contact your usual Ogier attorney or any of the contacts listed in this briefing.

Key contacts

No Content Set
Exception:
Website.Models.ViewModels.Blocks.SiteBlocks.CookiePolicySiteBlockVm