HSM LAW
HSM Review of the Immigration (Transition) (Amendment and Validation) Bill 2025 / Caymanian Protection Act
In October 2025, the Government proposed a change to the Immigration (Transition) Act (2022 Revision) (“the Current Law”) by publishing the Immigration (Transition) (Amendment and Validation) Bill 2025 (“the Bill”). In a 58-page document the Government set out the numerous Read more +
Moving Matters: Wills and The Domicile Trap
The concept of ‘domicile’ is an ancient but highly relevant set of legal rules which, in a nutshell, seeks to determine where an individual’s true home is during the course of their lifetime. As a broad statement of principal, if Read more +
10 Interns Join HSM’s 2025-26 Internship Programme
The HSM Group is proud to announce the launch of its 2025/26 internship programme in collaboration with the Cayman Islands Further Education Centre (CIFEC). HSM recently welcomed 10 ambitious interns to its team: Mia-Ariel Torres Gordon, Dimitri Seymour, Jureimi Monotero, Read more +
HSM in The Legal 500 Caribbean 2026 Rankings
The HSM Group was featured recently in the Legal 500 2026 Caribbean rankings. HSM Chambers, a full-service law firm, received rankings across multiple practice areas for their expertise in the Cayman Islands and are highlighted below with some of Legal Read more +
Industry Update: Cayman Islands “Blacklisting” by the European Union
The European Union has on the 18th of February, ‘blacklisted’ the Cayman Islands as a non-cooperative jurisdiction for tax purposes. This action was taken despite concerted efforts of the Cayman Islands Government to comply with every European Union initiative, including enacting more than 15 separate pieces of legislation designed to comply with EU criteria over the past two years alone.
It appears the ‘blacklisting’ arose as a result of two recent pieces of legislation, the Private Funds Law and the Mutual Funds (Amendment) Law which came into force on the 7th of February 2020, however, the passage of these laws came three days later than expected by the European Union’s Code of Conduct Group who met on the 4th of February. On the basis those two particular laws were not yet enacted into law, the European Union’s Code of Conduct Group recommended to the European Finance Minsters that the Cayman Islands be ‘blacklisted’ for failing to “…deliver on their commitment on time..” with respect to such legislation.
The Cayman Islands Government has to date issued two public statements on this matter since the ‘blacklisting’ occurred. They are fully committed to working closely with the European Union to remove the Cayman Islands from the ‘blacklist’ as soon as possible.
If you have any concerns on the above please direct your inquires to Huw Moses, HSM’s Managing Partner at hmoses@hmsoffice.com. We will continue to provide updates as and when they occur, but we do not expect this event to negatively impact our clients and are confident the jurisdiction will be removed from this list in due course.