April 26, 2018

NPAworldwide adds nine new member firms

Pin It

From Hunt Scanlon Media April 24, 2018 – Executive search consultants are seeing an increase in hiring mandates from around the world. To meet demand, they continue to develop new practices, hire new recruiters and open new locations. Global recruiting consortiums, meanwhile, are taking advantage of a resurgence in certain geographic areas. Member-owned recruitment network NPAworldwide has added nine […]

General Registry to promote online system, beneficial ownership, and NPO filing requirements on Cayman Brac

Pin It

Business owners and charitable organisations in the Sister Islands have another opportunity to learn how the Cayman Business Portal (CBP) online system can make their lives easier – including by helping them to comply with legal obligations, and therefore avoid penalties. ‘It’s vitally important that all entities with legal obligations to report beneficial ownership information, […]

DG’s 5K Challenge debuts on Little Cayman

Pin It

The Deputy Governor’s 5K Challenge was held for the first time on Little Cayman yesterday (Sunday, 22 April 2018), with nearly half the population signing up for the event. More than 60 people registered and around 45 actually participated in the walk/run, which was raising money for a “grow box” at the island’s two-student school. […]

The Editor Speaks: Do you agree with no-fault divorce?

Pin It

Although the Cayman Islands has a high divorce rate (in 2010 it was reported as 5th highest per capita in the world -UN), it has one of the most strict divorce legislations. Now the Law Reform Commission has presented three bills for discussion that will make the divorce process much easier. Proposals include eliminating the […]

Competition arrives in Grand Cayman, monopoly no more

Pin It

From BPN The launch of a startup company on Grand Cayman breaks a 60-year propane monopoly on the Caribbean isle. With phase one construction complete, Clean Gas Ltd. received its license to sell from the Utility Regulation and Competition Office in March, one of the final hurdles for pushing a head-to-head rivalry with the British […]

ICO predictions for 2018: Big changes for utility tokens

Pin It

by HOWARD MARKS From TNW 2017 was quite a banner year for the ICO marketplace with over $6.4 billion in crypto invested in hundreds of ICOs. Some investors thought the world had gone crazy, others were saying it was just the beginning. Will ICOs announce the end of Venture Capital as we know it? Clearly […]

Cayman Islands insists money laundering reporting cannot be delegated to third party

Pin It

From STEP Cayman Islands investment funds must, from 1 June, appoint natural persons as their anti-money laundering (AML) reporting officers, rather than delegating their AML functions to corporate bodies. New AML regulations came into force on 2 October 2017, making both regulated and unregulated investment entities, as well as insurance entities and finance vehicles, subject […]

Aperta provides Electronic Funds Transfer (EFT) in Cayman Islands

Pin It

(BUSINESS WIRE)– Once again, the Aperta Active Clearing System (ACS) has delivered the mechanism for a country to implement a world-class electronic payment processing environment to maximize a national payments system’s efficiency, effectiveness, security and control. Aperta partnered with the Cayman Islands ACH Operator (Prism Services (Cayman) Ltd.) and local commercial banks to deliver a new […]

Cayman Islands National Gallery recognized as a “Top 5” Caribbean Museum

Pin It

The National Gallery of the Cayman Islands (NGCI) has been listed as one of the “Caribbean’s Best Museums You Should Visit” by News Americas Now, a news, travel and lifestyle publication that covers the Caribbean and Latin America and its diasporas. The US-based organisation has content syndicated across 21 news sites including on the Caribbean […]

FURTHER UPDATE: Man Arrested – Arson on Cayman Islands police vehicles early Tue Morning, 17 April

Pin It

FURTHER UPDATE Man Charged with Arson and Attempted Arson, 20 April A man, age 32 of George Town, has been charged with two counts of Arson in relation to an incident where two vehicles were set on fire at a residence on Palm Dale Avenue, George Town, on the morning of Tuesday, 12 September, 2017. […]