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The serious doubts expressed by many, most recently Professor Christians of McGill University, as to the Constitutional authority cited by the US Treasury1 in support of each Inter Governmental Agreement (an “IGA”) entered into by it on behalf of the United States government to implement FATCA have been rendered practically irrelevant in so far as Cayman Islands legal entities, including all companies, funds, partnerships and trusts, are concerned by the passage, with effect from 1st July 2014, of the enabling amendments to the relevant Cayman Islands legislation.