Search
  • Elizabeth A. McMorrow

Another Delay for Cayman FATCA/CRS Portal Launch

Recently the Cayman Islands launched its new website with the promise that the new portal would be launched in Q3 2020. However, the Cayman AEOI Portal Team at the Department for International Tax Cooperation (DITC) has moved out the launch time frame to Q4 2020.


Currently, the FATCA/CRS reporting deadline for the Caymans is November 16, 2020. Given that the portal will open October 1, 2020 at the earliest, the reporting deadline may change. This is especially likely given that any new system is likely to have bugs – particularly when there is a mad dash by financial institutions to upload their data.


For assistance, please contact me via my contact page or at elizabeth@elizabethmcmorrowlaw.com.


#CaymanIslands #FATCA #CRS

Recent Posts

See All

On April 28, 2022, the Acting Director of the Financial Crimes Enforcement Network (FinCEN) provided the U.S. House of Representatives Committee on Financial Services an update on a variety of issues

Certain entities may register in the IRS FATCA portal and, upon registration approval, receive a Global Intermediary Identification Number (GIIN). For some entities, the FATCA portal registration pro

In many jurisdictions such as the U.S., there are laws dictating when a financial institution must consider a customer’s financial account to be dormant. Each state in the U.S. has laws that govern wh