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As part of its commitment to meeting international
standards, the Cayman Islands has introduced a number of new
legislative measures and regulatory changes in recent years. Cayman
Islands entities will need to take certain actions and make certain
annual filings by specified deadlines as year-end approaches to
ensure they remain compliant with their regulatory
obligations.
These filings include the annual economic substance notification
and first return required under the International Tax Co-operation
(Economic Substance) Law (2020 Revision) (as amended by relevant
regulations, the "ESL") and the FATCA and CRS

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