An analysis of the EU’s strategy for promoting tax good governance in the Cayman Islands
Our client sought to invest in a private equity vehicle based in the Cayman Islands, which, because of the EU’s recent blacklisting of that jurisdiction, the client was no longer able to access. The client asked us to provide our best assessment of the likelihood that the Cayman Islands would be removed from the EU’s list of jurisdictions of concern.
We produced a short analysis based on dozens of stakeholder interviews in Brussels, Georgetown, Washington DC and Paris. Based on our research we were able to determine with a highly significant level of confidence that the EU would likely remove the Cayman Islands from its “blacklist”.
Our work allowed our client to sequence their investments into a well-regarded global private equity vehicle without violating the client’s investment policy statement.