Cayman Airways to start nonstop flights to Roatan in March
Cayman Airways Limited (CAL) will begin twice-weekly Boeing 737 nonstop flights between Grand Cayman and Roatan (RTB) beginning March 16, 2017. Cayman Airways currently operates year-round flights from Grand Cayman to La Ceiba, Honduras twice-weekly, and the airline’s Chairman of…
CDB providing support for the fifth Caribbean sustainable energy forum
The Caribbean Development Bank (CDB) is among agencies supporting and participating in the Fifth Caribbean Sustainable Energy Forum (CSEF V), which takes place in Nassau, The Bahamas later this month. The Forum will bring together key stakeholders from the energy…
Buffett says he supports Trump’s cabinet picks ‘Overwhelmingly’
From Newsmax Warren Buffett said he “overwhelmingly” supports President-elect Donald Trump’s choices for cabinet positions as the incoming commander-in-chief’s selections face confirmation hearings in the U.S. Senate. “I feel that way no matter who is president,” the billionaire Berkshire Hathaway…
Regional bank completes wind-down of UK private banking business
From Caribbean News Now HAMILTON, Bermuda — Prominent regional bank, the Bank of N.T. Butterfield & Son Limited, has announced that it has completed the orderly wind-down of its London-based private banking business and has fully discontinued its deposit-taking and…
Ogier is launching a new one-stop shop for anyone buying or selling a property in the Cayman Islands
The award-winning law firm, which last year celebrated its 25th year in the Cayman jurisdiction, has developed a user-friendly website featuring calculators, helpful guides and expert advice – as well as being a hub for updates and briefings from realtors…
Cayman Islands’ beneficial ownership register ‘strikes a sensible balance’
From STEP Cayman Islands law firm Harneys has published an analysis of the jurisdiction’s proposed introduction of company beneficial ownership registers that will be searchable by the competent authority in Cayman but otherwise private. Background The proposals were first published…
New Cayman Captive formations continue apace
GEORGE TOWN, Grand Cayman–(BUSINESS WIRE)–#Captives–The Cayman Islands insurance management industryenjoyed remarkable success in new captive, international insurance and reinsurance and life and annuity company formations during the 4th quarter of 2016, with a total of 6 new formations for the…
British Virgin Islands: A Cayman Islands perspective: 2017 trends for the funds industry
By Marco Martins HARNEYS From Mondaq 2016: From our offices in Cayman, Sao Paula, Montevideo and Vancouver, we witnessed a wave of fundamental – at times dramatic and turbulent – change in key markets in the Americas. From impeachment of…
Double “Law Firm Of the Year” sweep for Cayman Islands law firm at international awards event
Ogier has started the year by scooping two major Law Firm of the Year titles at the prestigious Citywealth IFC Awards – including winning the Caribbean Law Firm of the Year award for the second year in a row. The…
Trump’s Treasury pick failed to disclose $100 million in assets [in Cayman Islands] — until the last minute
By Bob Bryan Treasury secretary nominee Steven Mnuchin failed to disclose about $100 million in assets and a number of business directorships to the Senate until the night before his confirmation hearing. Democrats on the Senate Finance Committee jumped on…
