Pension withdrawals contribute KYD$4.1M to economy
The Cayman Islands National Pensions Law was amended in 2011 to allow pension members a one-time withdrawal of up to KYD$35,000.00 from their pension plan to purchase a home, construct a home, pay off an existing mortgage or purchase residential…
The Editor Speaks: Airport irregularities silence
It seems incredible that despite serious allegations made against the chief financial officer of the Cayman Islands Airports Authority before Christmas and more recently its CEO, Jeremy Jackson, the Royal Cayman Islands Police Service (RCIPS) have received no complaints to…
MFA submits comments to CIMA in response to consultation on corporate governance
On March 18, Managed Funds Association (MFA) submitted a comment letter to the Cayman Islands Monetary Authority (CIMA) in response to CIMA’s consultation paper on corporate governance. In the letter, MFA expressed support for CIMA’s proposed principles-based approach to guidance…
Rich Britons with money in the Cayman Islands set to be hit with big tax bills
By Alex Hawkes, Financial Mail On Sunday Wealthy UK citizens with cash in the Cayman Islands are set to be hit with big tax bills after a landmark agreement between Britain and the Caribbean territory. The deal emerged after the…
Kurt Walton now a Chief Super
It was with some delight I learned that Caymanian, Kurt Walton, will from April 1st become a chief superintendent in the Royal Cayman Islands Police Service (RCIPS). Mr. Walton is 44 years old and hails from Cayman Brac. He has…
The Editor Speaks: What should Evans do?
In my Editorial on March 7th in iNews Cayman, I asked the question “Can ICO hand over confidential submissions to third parties?” (go to http://www.ieyenews.com/2013/03/the-editor-speaks-can-ico-hand-over-confidential-submissions-to-third-parties/). I announced that John Evans, who was one of the persons who applied to the…
Richard Christian announces candidacy for the District of Bodden Town
Richard Christian has announced his intention to contest a seat in the electoral district of Bodden Town, as a running mate of MLAs Mark Scotland and Dwayne Seymour. “I’ve been mulling over this decision for more than a year, after…
Officials can challenge eligibility for Cayman’s election nomination
All candidates to be nominated next Wednesday (27) can receive challenges from the Returning Officers as these officers have to ensure all candidates so nominated are qualified to run for office. This is to prevent any questions being raised as…
Charles Clifford to run in BT as an independent
“I WILL RUN” Attorney at Law Charles “Chuckie” Clifford who is the former Minister of Tourism, Environment, Investment and Commerce and former 2nd Elected Member for the Electoral District of Bodden Town has announced that he will again be contesting…
The Editor Speaks: Why do burglars repeat the same offence?
It is with some puzzlement as to why most of the burglaries being committed here in the Cayman Islands are from repeat offenders. Chief Superintendent Kurt Walton was speaking at a police briefing with the media on Wednesday (20) and…
