Cayman Islands to Adopt Model I FATCA IGA

Rolston Anglin, the Cayman Islands Minister for Financial Services, has reportedly announced on the floor of the Cayman Legislative Assembly that the Cayman Islands Government will adopt a Model 1 type FATCA IGA with the U.S. Mr. Anglin also reportedly announced that the Government had decided to enter into a similar agreement with the U.K. and that final negotiations with the U.S. and the U.K. would conclude quickly.

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