HSM LAW
HSM Articled Clerk, Merary Eden, Called to Cayman Islands Bar
Merary Eden successfully completed her articles at HSM and is now a qualified attorney having been called to the Cayman Islands Bar on 16 September 2025. Merary’s admission was moved by HSM Partner, Alastair David, who summarised her qualifications for Read more +
HSM Shines with Gold Medals from Best of Cayman 2025
The HSM Group is proud to share its outstanding success where it achieved gold medals across multiple categories: Law Firm Immigration Law Estate Law Family Law The Best of Cayman Islands is a vote-based contest focusing on and highlighting the best Read more +
HSM Welcomes Two Full-Time Hires from Internship Programme
The HSM Group is pleased to announce that they have recruited two of their interns from the Cayman Islands Further Education Centre (CIFEC) Internship Programme. Azaria Ruiz-Bodden and Ahmoya Morrison have both joined as Immigration Services Administrators. They originally joined Read more +
Enforcement of Foreign Arbitral Awards in the Cayman Islands
As a signatory to the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the “New York Convention“), the Cayman Islands has adopted a robust framework for enforcing foreign arbitral awards, encapsulated in the Foreign Arbitral Awards 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.