September 25, 2017

Cayman Islands delivers aid, UK Minister in Anguilla

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GRAND CAYMAN, Cayman Islands – The Cayman Islands Government’s work with the Foreign and Commonwealth Office to help provide needed security and humanitarian assistance to sister British Overseas Territories is paying off. United Kingdom Foreign Minister Boris Johnson landed on Anguilla Tuesday afternoon as a Cayman Islands Government chartered Cayman Airways jet was leaving the […]

Parliamentary representation for British Territories

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By Anthony Webber Further to the report on this in various BOT media, including Caribbean News Now and Cayman Island News, this is an update: If the BOT’s and CD’s had UK Parliamentary representation, the Cayman Islands, with a population of approx. 61,000, would be likely to qualify for an MP in its own right, […]

Cayman Islands: OT leaders meet in London

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LONDON – Premier Hon. Alden McLaughlin, along with Minister Roy McTaggart and Minister Tara Rivers,  on Tuesday attended a pre-Joint Ministerial Council gathering of the United Kingdom Overseas Territories Association with leaders or representatives from the Overseas Territories, including Bermuda, Gibraltar, BVI, Montserrat, Anguilla, Falkland Islands, St. Helena, TCI, Tristan da Cunha and Pitcairn. The […]

Cayman Islands: Premier, delegation off to JMC meeting

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GRAND CAYMAN, Cayman Islands – Premier Hon. Alden McLaughlin travels this weekend to London with a delegation including Minister of Financial Services and Home Affairs Hon. Tara Rivers and Minister of Public Finance and Economic Development Hon. Roy McTaggart for a special meeting of the Joint Ministerial Council. “This JMC for Exiting the European Union […]

Cayman Islands introduces new Beneficial Ownership Register regime

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By RORY JACKSON From Super Yacht News The Cayman Islands is to introduce a centralised beneficial ownership register that hopes to lessen the corporate veil, whilst maintaining the privacy of its beneficial owners. The government of the Cayman Islands has passed legislation that requires certain Cayman Islands companies (including LLCs) to be included on a […]

British-led tax reporting scheme branded hypocritical by campaign groups

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From Sputnik British Chancellor George Osborne has been accused of hypocrisy after unveiling an agreement with Germany, France, Italy and Spain that will see tax and law enforcement agencies from the five countries exchange data on company beneficial ownership registers and new registers of trusts. The proposal — by interlinking country registries — will provide, […]

UK ministers humiliated after Cayman and BVI leaders repeatedly ignore requests for meetings

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By Jon Stone From The Independent UK Exclusive: Campaigners accuse Government of ‘pussyfooting’ around the issue, and claim the ‘meek’ and ‘softly-softly’ approach is not working The governments of two notorious tax havens have repeatedly ignored UK ministers’ requests to meet about cracking down on corporate tax avoidance of the kind detailed on the so-called […]

Applicability of Ancient English Statutes in Common Law Offshore Jurisdictions

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From Harneys But although most people are aware of the potential applicability of the old common law, what people tend to be less cognisant of is the effect of ancient English statutes. September 2015 Most offshore jurisdictions use every effort to ensure that the key statutes and laws relating to financial services business are updated […]

British Overseas Territories celebrate Queen’s longest reign with new crown coins

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By Michael Alexander From Coin Update The treasuries of four British overseas territories have authorized the issue of a commemorative coin celebrating the day their head of state, Queen Elizabeth II, became the longest reigning British sovereign in history. September 9 saw the Queen eclipse the reign of her great-great-grandmother, Queen Victoria, who reigned for […]