The Cayman Islands FATCA regime now requires an Authorised Person to be appointed by a Cayman Reporting Financial Institution. Their role is to liaise with the Tax Information Authority when the Principal Point of Contact changes, in the same way as currently required under the CRS regulations.

Harneys has an experienced AEOI team that can assist with any queries and act as both the Principal Point of Contact and Authorised Person. Please reach out to your usual Harneys representative or visit www.harneys.com/Cayman