Harneys roundup of recent legislative and industry news from the Cayman Islands.
CIMA commissions corporate governance survey The Cayman Islands Monetary Authority (CIMA) announced on 14 January 2013 that it was undertaking a formal consultation with all Cayman Islands financial industry associations and other interested stakeholders on proposals by the CIMA to…
Maples and Calder Announces Addition to Finance Practice
Maples and Calder is pleased to announce the recruitment of Nicola Bashforth, who will be joining the Finance team as Counsel. Ms Bashforth, who is currently with Appleby, is expected to commence employment in April 2013 subject to immigration permits…
Dreamliner: No fault found with Boeing 787 battery
Airline safety inspectors have found no faults with the battery used on Boeing’s 787 Dreamliner, Japan’s transport ministry has said. The battery was initially considered the likely source of problems on 787s owned by two Japanese airlines. It has raised…
HBO premieres third season of Game of Thrones simultaneously with the United States
HBO Latin America announced that the third season of Game of Thrones will premiere March 31st in the Caribbean, simultaneously with the United States. This Emmy® and Golden Globe® winning original series, based on George R.R. Martin’s famous books “A…
Cayman Islands licensed 52 captive insurers in 2012
From Business Insurance The Cayman Islands saw significant growth in the number of captive insurance companies in 2012, issuing 52 new captive licenses during the year, according to a statement from the Insurance Managers Association of Cayman. IMAC said the…
Mali crisis: French-led troops ‘enter Timbuktu’
French-led troops in Mali have entered the historic city of Timbuktu encountering little resistance, French and Malian military sources. But there are reports of thousands of ancient manuscripts being destroyed, with video footage of the library showing charred books and…
Letter to Financial Times from Richard Coles
‘Opening up’ is nothing new for Cayman Islands Sir, Your report “Caymans poised to shed veil of secrecy” (January 18) completely mis-characterises the context of an otherwise worthy initiative of the Cayman Islands Monetary Authority to carry out a comprehensive…
Landmark Approval for [Shetty] Health City Cayman Islands
Grand Cayman, Cayman Islands – It’s a history-making move that signals a significant step forward for Health City Cayman Islands – and a milestone for the planning process in the Cayman Islands. Both Planned Area Development applications for the innovative…
Warning to merchants from CITA
This Press Release was sent out by Cayman Islands Tourism Association (CITA) concerning American Express cards and the new IRS regulations If you accept American Express, please see below the Merchant Letter you should have received. Dear Merchant, As a…
