Cayman Islands: Removal from anti-money laundering “grey list”
Decision made as a result of the Cayman Islands’ adherence to the globally accepted standards of the AML regime
Cayman Islands’ adherence to the globally accepted standards of the AML regime
The Ministry of Financial Services on 27 October 2023 announced the decision of the Financial Action Task Force (FATF) to remove the Cayman Islands from its anti-money laundering (AML) “grey list.”
The decision was made as a result of the Cayman Islands’ adherence to the globally accepted standards of the AML regime. The FATF added the Cayman Islands to its grey list of countries in February 2021 and provided three action points required for FATF compliance.
Read an October 2023 report [PDF193 KB] prepared by the KPMG member firm in the Cayman Islands
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