Regulatory Tracker

25 February, 2026

Cayman Islands: CRS 2.0 update

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The Department for International Tax Cooperation has extended key CRS 2.0 deadlines, providing additional time for Cayman Islands Financial Institutions to meet new reporting and registration requirements.

On January 21, 2026, the Department for International Tax Cooperation (“DITC”) announced an extension to the deadline for the submission of certain information under CRS 2.0, including the requirement for a Cayman-based Principal Point of Contact (“PPoC”), to January 31, 2027.  

This extension applies to all Cayman Islands Financial Institutions (FIs), including entities (other than exempted entities) that became FIs in 2025 and are required to register on the DITC Portal by April 30, 2026.

The extended deadline relates specifically to:

    • The appointment of a PPoC in the Cayman Islands; and
    • The date on which the entity became a Financial Institution.

 

Read our blog: Cayman CRS Amendments: Are you ready for CRS 2.0? 

We offer a full suite of CRS compliance services, including the provision of a Cayman PPoC.  

Please contact us via info@apexfunds.ky to get in touch with a member of the team. 

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