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Cayman Islands Satisfies FATF Action Plan
02 October 2023 . 8 min readGood News
Following the conclusion of the FATF’s most recent plenary on 23 June 2023, the FATF has determined that the Cayman Islands has substantively fulfilled its action plan. Therefore, subject only to the completion of an on-site visit by the FATF later this year, which forms part of the FATF’s standard process for removing a jurisdiction from the Monitoring List, the Cayman Islands will be delisted. As the EU has previously confirmed that it does not require the Cayman Islands to take additional steps beyond those set out in the FATF’s action plan to facilitate removal from the EU AML List, it is widely expected that this will automatically follow. See more in our Article published in the Hong Kong Lawyer.
https://www.hk-lawyer.org/content/cayman-islands-satisfies-fatf-action-plan
Latest Updates and News
News | 21 August 2025
Private Equity Wire US Awards 2025 – you’ve been shortlised
We're proud to be shortlisted at this year's Private Equity Wire® US Awards 2025 in the following categories...

News | 20 August 2025
Congrats! Loeb Smith has been shortlisted for ALB Hong Kong Awards 2025!
We are so excited to share that @LoebSmith has been shortlisted in three categories at the ALB Hong Kong Law Awards 2025, namely....

News | 29 July 2025
Loeb Smith Attorneys advised xTAO Inc. on its Reverse Merger and debut on Canada’s TSX Venture Exchange
Cayman Islands (29 July 2025) - Loeb Smith Attorneys, one of the leading offshore corporate law firms, acted as Cayman legal counsel to xTAO Inc. (“xTAO”) on its reverse merger and successful listing of its common share on Canada’s TSX Venture (TSXV) Exchange. Xtao’s common shares launched on...
News | 25 July 2025
Asia Legal Awards 2025
We have also been shortlisted for the first time for the Asia Legal Awards 2025 recognising the region’s most outstanding legal achievements.
