CRS Amendment Regulations Published

On 27 November 2025, the Tax Information Authority (International Tax Compliance) (Common Reporting Standard) (Amendment) Regulations, 2025 (the “CRS Amendment Regulations“) were published in the Cayman Islands Gazette. With the exception of regulations 5 and 6, these Regulations come into force on 1 January 2026. Regulations 5 and 6 come into force on 1 January 2027.

Key changes within the CRS Amendment Regulations include:

• 31 January registration date for Financial Institutions (“FIs“) that commence activities from 1 January 2026 (i.e. such entities will be required to register by 31 January 2027), with a transitional arrangement for 2026 so that FIs that commence activities during 2025 will be required to register by 30 April 2026 .
• If any of the required information in a FI’s registration form changes, a change form must be filed with the Tax Information Authority (“TIA“) within 30 days of the change occurring.
• For 2026 reporting, the deadline will be 30 June 2027 (moving ahead from the current 31 July deadline) and the filing deadline for the CRS compliance form will also advance to 30 June 2027 from 15 September.
• The Principal Point of Contact (“PPOC“) will be required to be located in the Cayman Islands. FIs registered with the TIA prior to the commencement of the CRS Amendment Regulations who have not appointed a PPOC in the Cayman Islands have until 31 January 2027 to appoint a PPOC in the Cayman Islands and notify the TIA by way of a change form.
• Immediate imposition of penalties for breaches of the reporting requirements, i.e. there will be no breach notice issued beforehand if the FI fails to file a CRS return or the compliance form by the statutory deadline.

The Maples Group has extensive experience in advising clients on complying with the Cayman Islands’ international tax compliance obligations. Please reach out to your usual Maples’ contact if we can be of assistance.