Cayman strengthens safeguards to block illicit funds with new office
Cayman has set up a new office to spearhead the fight against illicit money, Premier and Finance Minister André Ebanks has said.
The Office for Strategic Action on Illicit Finance will act as a central authority designed to help keep the country in line with international standards, particularly those of the Financial Action Task Force.
Ebanks said the new office reflects an “unwavering commitment to effectiveness, not just technical compliance.” For a more complete summary of the story, please see the below link:
Published on: Aug 14, 2025 02:05 PM