12 May Weather in Cayman
Fri 12 May 2023 Weather in Cayman SYNOPSIS Light to moderate winds and slight seas will continue over the Cayman area for the next few days. Radar images show isolated showers moving towards the west-southwest across the Cayman area. Today:…
Music and Dancing Control Amendment Bill Passed in Parliament
Grand Cayman, 15 December 2022 – The Music and Dancing (Control) Amendment Bill, 2022 was passed during the latest meeting of Parliament, which began on 7 December. Presented by the Minister for Financial Services and Commerce, the Hon. André Ebanks, the Bill is…
Ministry Advances Work on Jurisdictional Financial Services Strategy
Grand Cayman, 14 December 2022 – The Ministry of Financial Services is undertaking the creation of a medium-term strategic plan for financial services in the Cayman Islands, with the first formal step being today’s posting of a Request For Proposal on…
Accountants and LLC Amendment Bills Passed in Parliament
The Accountants (Amendment) Bill, 2022 and the Limited Liability Companies (Amendment) Bill, 2022 were passed during the latest sitting of Parliament, which began on 7 October and ended on 10 October. The bills were presented by the Minister for Financial Services and Commerce, the…
New LCCL Application Requirements Announced
Grand Cayman, 27 September 2022 Companies seeking to operate locally without 60 percent Caymanian ownership must now submit their advertisements for Caymanian participation to the Department of Commerce and Investment (DCI), which is the Secretariat to the Trade and Business…
Statement on EU Court of Justice Ruling on Business Registers
Grand Cayman, 30 November 2022 – The Cayman Islands Government has seen the Court of Justice of the European Union’s recent judgement regarding business registers in Luxembourg. At present, the Ministry of Financial Services and Commerce is preparing draft legislation to consolidate beneficial…
Amendment Bills to strengthen CIMA’s AML Enforcement, Information Sharing passed in Parliament
Grand Cayman, 3 May 2023 – During the latest meeting of Parliament, which took place on 26-28 April, seven amendment Bills that strengthen the Cayman Islands Monetary Authority’s (CIMA) powers to apply proportionate and dissuasive sanctions to all types of legal persons within its supervision…
Cayman Finance hosts successful International Event “Connecting Cayman: London” to showcase strength of Financial Centre
The Honourable André Ebanks, MP, Minister of Financial Services & Commerce, addresses guests at the Cayman Finance, Connecting Cayman: London event. London, UK – Cayman’s financial services industry was front and centre in London on Wednesday, as Cayman Finance, in…
Cayman: Alex Panton Foundation Building Organisation with Two Full Time Staff Hires
Erin Kaufman (nee Hislop) The Alex Panton Foundation (APF) has hired two Caymanians, Erin Kaufman (nee Hislop) and Emily Kelly, as part of the non-profit’s determined efforts to increase its advocacy, awareness and support for children and young adults in…
RCIPS Officers at Coronation
Cayman: RCIPS Officers Take Part in Coronation of King Charles III DC Samantha Sillitoe and DS Shane Ennis with BOT and Met Officers Two RCIPS Officers, Detective Constable Samantha Sillitoe and Detective Sergeant Shane Ennis, were selected by the RCIPS…
