April 3, 2020

Archives for February 21, 2020

The Editor speaks: Our plastics ban is ludicrous

We have published today a Press Release re- “the Single-Use Plastics (SUP) Stakeholder Committee is in agreement to recommend restrictive legislation on certain single-use plastics in the Cayman Islands effective at the start of January 2021.” The Release continues: it “will include legislation to restrict certain single-use plastic items such as: single-use check out shopping […]

Puzzles for Feb 21-23 Number search/Sudoku/Word search/Crossword

TODAY’S CROSSWORD PUZZLE #3 YESTERDAY’S CROSSWORD PUZZLE #2 SOLUTION

Cayman Finance response to Tax Justice Network Financial Secrecy Index 2020

The Tax Justice Network (TJN) is once again publishing misleading and inaccurate information about the Cayman Islands and appears to be more focused on entertainment than reality. Its scoring skews results whereby successful financial centres are artificially pushed up the ranking. The Cayman Islands would not be highly ranked on any secrecy index that is […]

Cayman: Opposition calls on Government to reconsider the cruise berthing project

Leader of the Opposition Hon. V. Arden McLean called on the Government to now consider abandoning the Cruise Berthing project and to get on with other initiatives which are needed in the country. Citing the widespread opposition to the proposed project, the potential for destroying our natural resources and the Government’s failure to justify their […]

Cayman: Ministry of Culture & CMEA President present cheque to National Song Competition winner

Home-grown musician Mikhail Campbell was presented with a CI $5000.00 cheque by the Minister of Culture Hon. Dwayne Seymour, along with current Cayman Music & Entertainment Association (CMEA) President Jeán – eric Smith. The Musician, who performs as “Matrixx”, received the funds for his first place finish in the National Song Competition held during Pirates […]

St K-N: PM Harris says CARICOM meeting underscored the leaders’ commitment to joint advocacy against “Existential Threat” of blackmailing

Prime Minister Dr. the Honourable Timothy Harris says the recently held 31stCARICOM Inter-Sessional Meeting underscored the commitment of Member States to pursue joint advocacy against blacklisting, de-risking and the withdrawal of correspondent banking services. The Communiqué issued after the meeting states that, “Heads of Government view the strategy of blacklisting and de-risking, which lead to […]

Cayman: Amendment to Customs & Border Control Law helps to fight laundering

o further strengthen Customs and Border Control’s (“CBC”) capacity and capability to adequately identify, investigate and detect cases of money laundering  (ML) and terrorist financing (TF), The Customs and Border Control (Amendment) Law, 2019 (“the Law”) and the Customs and Border Control (Money Declarations and Disclosures) Regulations, 2019 came into force on 10 February 2020.  […]

Draw reveals groups and schedule for 2020 Concacaf Futsal Championship

The competition will crown a regional champion and qualify four teams to the FIFA Futsal World Cup Lithuania 2020Miami (Thursday, February 20, 2020) – The Confederation of North, Central America and Caribbean Association Football (Concacaf) conducted the official draw for the 2020 Concacaf Futsal Championship, at the Concacaf Headquarters in Miami, FL. The draw for […]

Cayman updates our money-laundering strategy

Noting the work that already has been done to strengthen the Cayman Islands’ regime for anti-money laundering, countering the financing of terrorism, and countering the financing of proliferation, Government has put into action an updated plan that seeks to strategically address the Cayman Islands’ AML/CFT/CFP risks. Covering six core themes, the Cayman Islands Anti-Money Laundering and […]

Caribbean Chamber of Commerce set to launch in Europe

BRUSSELS, Belgium (February 20, 2020) – The newly founded Caribbean Chamber of Commerce in Europe (CCCE) is opening its doors soon, offering Caribbean-based companies an alternative gateway to the continent at a time Britain proceeds its exit from the European Union (EU).  CCCE will promote trade and commerce between the wider Caribbean and the United Kingdom/Europe and […]