The Anti-Money Laundering Regulations 2017 (AMLRs) came into force on October 2, 2017, as per the AMLRs please see below list of countries and territories that the Cayman Islands has judged to have equivalent AML/CFT legislation. Persons conducting relevant financial business from or within the Cayman Islands may rely on the list only for simplified due diligence, pursuant to regulations 22(d)(ii) & (iii) and 23(1) of the Anti-Money Laundering Regulations, 2017.
This list replaces Schedule 3 of the previous Money Laundering Regulations (2015 Revision), which have now been repealed and replaced by more updated Regulations.
The list of equivalent jurisdictions is approved by the Anti-Money Laundering Steering Group as part of its general oversight of anti-money laundering policy under section 5(2)(a) of the Proceeds of Crime Law, 2017 Revision. The list is not exhaustive.
List of Countries and Territories deemed to have equivalent legislation
Pursuant to regulations 22(d)(ii) & (iii) and 23(1) of the Anti-Money Laundering Regulations, 2017
|Australia||Isle of Man|
|British Virgin Islands||Netherlands|
|Denmark||People’s Republic of China|
|Guernsey||United Arab Emirates|
|Hong Kong||United Kingdom|
|Iceland||United States of America|