Regulatory amendments for compliance with and enforcement of the Common Reporting Standard in the Cayman Islands
From pwc In brief The Cayman Islands government recently approved the Tax Information Authority (International Tax Compliance) (Common Reporting Standard) (Amendment) Regulations, 2016 (Second Tranche). The primary purpose of the Second Tranche is to ensure effective implementation of the Common…
Aureum Re is formed on Cayman Islands; will reinsure annuity business
From Intelligent Insurer A new reinsurance company has been formed on the Cayman Islands focused on the reinsurance of fixed annuities, variable annuities and supplemental contracts issued by US insurers. Aureum Reinsurance Company has been registered as a Class D Reinsurance…
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CFU boss backs FIFA World Cup expansion
By Neto Baptiste From Antigua Observer President of the Caribbean Football Union (CFU), Gordon Derrick, has welcomed the increase in teams competing in the 2020 World Cup, hoping that the move will open up more opportunities for Caribbean teams to…
Cayman Islands Kittiwake’s sixth sinking anniversary
January 5th marked six years since the ex-USS Kittiwake was sunk off the west coast of Grand Cayman. The shipwreck and artificial reef still remains as the number one thing to do in West Bay on TripAdvisor! The USS Kittiwake…
Haitian and Dominican Customs Officers receive joint training on transnational crime and corruption
Twenty customs officers from Haiti and the Dominican Republic have strengthened their trade facilitation capacity following a 2-week training programme on “Techniques to fight against transnational fiscal crimes and corruption” imparted by the Scuola di Polizia Tributaria (Tax Police School)…
The evolution of independent governance and board diversity
From hedgeweek Individuals who serve as independent non-executive directors, like it or not, operate in a role which is constantly evolving. This evolution is not only in parallel with changes in investment funds business but also in terms of regulation…
Rider Levett Bucknall to develop outline business case for new Sunrise Centre
Grand Cayman, Cayman Islands – The Ministry of Education, Employment & Gender Affairs has contracted local project development management company Rider Levett Bucknall to develop the Outline Business Case (OBC) for the new Sunrise Adult Training Centre (SRC) facility. The…
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Jamaica rejects Britain’s offer to build maximum security prison
From Caribbean News Service KINGSTON, Jamaica, Jan 14 2017 – The Jamaican government has rejected a £25 million deal with the United Kingdom government that would have resulted in London building a maximum-security prison here. Former British prime minister David…
Belize government has to pay, says lead US attorney
By Adele Ramos From Amandala BELIZE CITY, Wed. Jan. 11, 2017–As we reported in our mid-week edition, the Government of Belize has lost three petitions filed in the US Supreme Court in an attempt to fight off the enforcement of…
Trump promises his Obamacare replacement plan will cover all, report says
By Tami Luhby, From CNN (CNN)President-elect Donald Trump is putting the finishing touches on an Obamacare replacement plan that aims to provide “insurance for all,” he told The Washington Post. Also, he will demand that drug companies negotiate directly with…
