November 22, 2017

Global Financial Centres Index 22 again rates Cayman Islands among Leading ‘G20 Plus’ jurisdictions

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Jude Scott, CEO of Cayman Finance, issued the following statement about the new release of the twenty second edition of the Global Financial Centres Index (GFCI 22), which ranked the Cayman Islands once again as the 31st best financial centre in the world out of 108 total jurisdictions.  Cayman’s ranking was the second highest among […]

Message from RT Hon John Hayes CBE MP to delegates to the Red Ensign Conference

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Message from RT Hon John Hayes CBE MP to delegates to the Red Ensign Conference 11 July 2017 [Your Excellency, Chief Minister, Honourable Ministers, fellow delegates, ladies and gentleman.] On behalf of all delegates, I would like to thank the Government of the Cayman Islands for hosting this year’s Red Ensign Conference, and for the […]

BVI announces position on beneficial ownership information exchange

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From Caribbean News Now ROAD TOWN, BVI — As the anti-corruption summit was taking place in London, the British Virgin Islands put forward its proposal for a workable solution for global standards for beneficial ownership, which balances the need for both appropriate levels of privacy and transparency. It is focused on three key pillars – […]

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, […]

Cayman Islands: Premier’s and Chief Officer’s statements, Beneficial Ownership Press Conference

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Cayman, UK to Enhance Sharing of Beneficial Ownership Information Press Conference By Premier Hon. Alden McLaughlin, MBE, JP, MLA 10 a.m., Monday 11 April, 2016 Good morning and thank you for joining us today. Before we begin, on behalf of the entire Government and the Progressives I offer condolences to the Leader of the Opposition, […]

Isle of Man: Plans for major bank shake-up

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From IOM Today UK banking groups are drawing up detailed plans on how they are to restructure their operations in the island. Treasury Minister Eddie Teare was quizzed in the House of Keys over what action his department would take to address issues raised by the recent Vickers report. The Vickers report, commissioned in the […]