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                        <title>Cayman Islands Added to the EU Blacklist — Private Fund Sponsor Update</title>
                        <link>https://privateequity.weil.com/features/cayman-islands-added-to-eu-blacklist/</link>
                        <pubDate>Thu, 27 Feb 2020 14:46:18 +0000</pubDate>
						                                        <dc:creator>
											Robert Frastai</dc:creator>
                                                                                <dc:creator>
											Aron Joy</dc:creator>
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                        <description><![CDATA[On February 18, 2020, the EU updated its list of non-cooperative and semi-cooperative jurisdictions, in terms of tax reporting transparency...]]></description>
                        <content:encoded><![CDATA[<p>On February 18, 2020, the EU updated its list of non-cooperative and semi-cooperative jurisdictions, in terms of tax reporting transparency and economic substance standards. Cayman Islands slipped from its prior designation as a semi-cooperative jurisdiction onto the non-cooperative list (the “EU Blacklist”). Key action points for Private Fund Sponsors are: Undertake an existing side letter [&#8230;]</p>
<p>The post <a href="https://privateequity.weil.com/features/cayman-islands-added-to-eu-blacklist/">Cayman Islands Added to the EU Blacklist — Private Fund Sponsor Update</a> appeared first on <a href="https://privateequity.weil.com">Global Private Equity Watch</a>.</p>
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