Tag: Council of the European Union

CIG to meet EU and OECD on ‘economic substance’ issue

CIG to meet EU and OECD on ‘economic substance’ issue

| 16/01/2018 | 33 Comments
(CNS): Officials from the financial services ministry have confirmed that Cayman has been invited to a meeting with the European Union and the OECD, along with five other jurisdictions, on the latest European grey-list. The ministry said the informal voluntary meeting was to discuss the definition [...]

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EU to outline next step in letter to Cayman

EU to outline next step in letter to Cayman

| 06/12/2017 | 100 Comments
(CNS): The Cayman Islands has just twelve months to address the issues that caused the EU to include this jurisdiction among the 47 on its ‘grey-list’, after it managed to avoid being placed on the black-list of countries that European leaders regard as uncooperative when it comes to fin [...]

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Cayman among jurisdictions on EU ‘grey-list’

Cayman among jurisdictions on EU ‘grey-list’

| 05/12/2017 | 51 Comments
(CNS): The Cayman Islands has dodged the European Union Council’s black-list of 17 uncooperative nations after the much-anticipated tax list was published Tuesday. However, this jurisdiction and more than 40 other countries are on a ‘grey-list’ of countries that have agreed to take [...]

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