Cayman Islands, Guernsey and Jersey announce intention to enter into FATCA agreements with the US and UK

The respective governments of the Cayman Islands, Guernsey and Jersey have recently made separate announcements concerning their intention to enhance existing tax information exchange arrangements with the UK by way of: 

  • a tax information exchange agreement based on the inter-governmental agreement (IGA) that is being negotiated with the US for FATCA purposes;
  • a separate reporting regime for UK resident, non-domiciled individuals; 
  • a disclosure facility, for use in the event that UK taxpayers wish to regularise any outstanding tax matters. 

In the case of Guernsey and Jersey, it is expected that discussions to renegotiate the existing double tax arrangements with the UK will also take place. Importantly, the governments of the Islands also intend to enter into an IGA with the United States in relation to FATCA in similar terms to the IGA already entered into between the UK and the US…

If you are registered and logged in to the site, click on the link below to read the rest of the Mourant Ozannes briefing. If not, please register or sign in with your details below.

Sign in or Register to continue reading this article

Sign in


It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer


Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.


Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.


Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.


6th Floor
125 Old Broad Street

Qualified lawyers: 188
Total partners: 53
Total fee earners: 229