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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 | 02 April 2025
Loeb Smith Attorneys acts as Cayman and BVI legal counsel to Hong Kong Listed Company CTF Services Limited in its Acquisition of a Substantial Shareholding in uSmart Inlet Group Ltd
Hong Kong April 2, 2025 Loeb Smith Attorneys, one of the leading offshore corporate law firms with a strong growing presence in the APAC region, is pleased to announce that it has advised Hong Kong listed company, CTF Services Limited (formerly known as NWS Holdings Limited) (00659.HK) (“CTF”),...
News | 14 March 2025
Loeb Smith Attorneys acts as the Legal Advisor to the Special Committee in First High-School Education Group’s Successful Closing of its Going Private Transaction
Hong Kong (14 March 2025) Further to the announcement on 22 November 2024, Loeb Smith Attorneys is pleased to announce its role as legal advisor in the successful completion of the going private merger transaction of First High-School Education Group Co., Ltd. (the "Company"), an education service provider primarily...
News | 25 February 2025
Loeb Smith has been shortlisted in the Hedgeweek European Awards
We are delighted to announce that our law firm has been shortlisted in the Hedgeweek European Awards in no less than four categories.

News | 28 January 2025
Loeb Smith Attorneys acts legal advisor to Grit Global Capital Group Limited on new share subscriptions and shareholders arrangements
Hong Kong January 28, 2025 Loeb Smith Attorneys, one of the leading offshore corporate law firms with a strong growing presence in the APAC region, has recently advised investment and securities trading group, Grit Global Capital Group Limited, among other clients, on their new share subscriptions and shareholders...