The Cayman Islands is set to be removed from the EU anti-money laundering (AML) list.
This follows the decision of the Financial Action Task Force (FATF) monitoring group on 27 October 2023 and subsequent removal from the UK’s list of high-risk third countries for AML purposes on 5 December 2023.
On 18 January 2024, the EU published a revised list of high-risk countries for AML purposes in its official journal. The Cayman Islands do...