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Day: April 10, 2016

Cayman Islands RUNDOWN Soon Come!

Show dates: May 12 – 15, 20 – 22, 27 – 29 (8pm/6pm on Sundays) Rehearsals are in progress and Cayman audiences can expect another hilarious serving of RUNDOWN beginning May 12 at the Harquail Theatre. The annual comedy revue…

iNews Briefs & Community Events (From BIG FISH 95.5)

  Panama Papers: Cayman Islands and Jersey on beneficial ownership From TPA Global In response to the ‘Panama Papers’, the Cayman Islands Ministry of Financial Services and CEO of Jersey Finance stressed the importance of beneficial ownership and reaffirmed countries’…

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Cayman Islands Monetary Authority appoints second deputy head of fudiciary

Mr. Eric Wilson was recently appointed to the post of Deputy Head of the Fiduciary Services Division at the Cayman Islands Monetary Authority (CIMA) effective 1 April 2016. With oversight from the Head of the division, he will manage the…

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The Editor Speaks: Premier is right but is he wrong?

The Panama Papers is the burning issue at the moment and there is intense pressure upon him from the United Kingdom to disclose more of beneficial ownership than he is prepared to do. The opposition wants him to appear at…

Selling our enemies the rope to hang us

By Cicero From Cicero’s Songs Panama is not the world’s largest off shore financial centre. Mossack Fonseca is not the worlds largest offshore lawyer. The scale of the leak of confidential information is huge, but in fact it represents the…

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Progress made to rein in shell corporations, but more action needed

By John Ydstie FromWBFO 88.7 Buffalo The revelations in the Panama Papers have generated anger and disgust. Politicians and leaders in countries from Russia to Iceland to the oil-rich Gulf States are implicated. The irony is that while the shady…

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Letter to the Financial Times From Anthony Travers Chairman, Cayman Islands Stock Exchange

Letter to the Financial Times 7th April 2016. Sir, Much as Jeremy Corbyn, the Labour party leader, may secretly admire Lord Palmerston, sending a gunboat to the Cayman Islands is constitutionally impermissible (“Cameron accused of backing down on tax havens”,…

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

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…

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Jamaica & U.S. co-host public-private dialogue on Correspondent Banking

In recognition of the significant financial ties between the United States and the countries of the Caribbean, the Bank of Jamaica and the United States Department of the Treasury hosted a public-private roundtable on correspondent banking that took place on…

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Cayman Islands: Independent review of the RCIPS Search and Rescue Operation [won’t ‘soon come’]

From The Cayman Islands Governor’s Office Immediately after agreeing the need for an independent investigation into the RCIPS response to the missing persons at sea the Governor made a formal approach to the United States Coast Guard, and on their…