Cayman Gov’t rejects claim of raid on Environmental Protection Fund
Grand Cayman, 21 December 2023 – Government soundly rejects a 20 December article in the Cayman Compass in which there was said to have been a raid on the Environmental Protection Fund (the EPF/the Fund). The facts pertaining to the EPF are as…
Former Jamaican Judge Ingrid Mangatal to demit office in Cayman Islands
From Jamaica Observer Grand Court Justice in the Cayman Islands, Jamaican Ingrid Mangatal, is to leave the bench at the end of this month. The Cayman Compass reports that the Governor’s Office announced Monday that Mangatal, who was an acting judge in…
Cayman Islands drops ‘excluded persons’ regime
By Pedro Goncalves From international Investment Cayman is introducing a a regulatory and supervisory framework for ‘excluded persons’, people exempt from requiring a license to conduct securities investment business or being overseen by the island’s regulator. Lawmakers approved amendments to the Securities…
Cayman Islands JP’s congregate for Annual General Meeting
At their annual general meeting, Cayman Islands Justices of the Peace (JP) underscored the ongoing success of a free programme started by their association for the people last year. The programme is underway every Monday, Wednesday and Friday from 9…
Trinidad Directors appointed to Board of Cayman Islands Bank
From OECS Business Focus At its annual general meeting last week, Cayman National Corporation Ltd. shareholders voted to appoint Republic Group executives Nigel Baptiste and Roopnarine Oumade Singh. Appointing Baptiste and Singh to the board of Cayman National is pursuant…
Cayman Islands: ‘Akin to an attempt to take over’
From Bernews Cayman Islands Premier Alden McLaughlin denounced a suggestion from the UK Foreign Affairs Committee that British citizens to be able to vote and run for office in the Overseas Territories, with the Cayman Premier saying it is “akin to an…
Caribbean News Events iBusiness iCommunity iCrime iFinance iLocal News iWorld News News Publisher's Choice
Abraaj founder ordered to pay litigation costs in Cayman Islands court
By Pedro Goncalves From International Investment A Cayman judge has ordered the founder of troubled equity firm Abraaj to pay for the costs of a recent hearing in the jurisdiction regarding the company’s restructure attempts out of his own pocket. At…
Cayman Islands authorities to wind up Beechwood Re following fraud scandal
By Matt Sheehan From Reinsurance News The Grand Court of the Cayman Islands has approved a petition for the winding up of Beechwood Re, a locally domiciled reinsurer that is being sued for fraud in the U.S and has ties…
Cayman Islands’ offshore banking sector dropped in 2017
By: Pedro Gonçalves From International Investment Offshore banks reported losses of $1bn last year, an improvement of the $2bn of net losses in 2016, according to the Cayman Islands Monetary Authority’s 2017 banking digest. “While the sector reported reductions in…
Caribbean News Events iBusiness iCommunity iEntertainment iHealth iLocal News ISports Manager's Choice News Sports Local
STATEMENT: Cayman Islands Minister clarifies TBL process and role
From: Hon. Joseph Hew Minister for Commerce, Planning & Infrastructure 11 October, 2018 Earlier this week the Cayman Compass published an editorial which voiced concerns related to the regulation of the watersports industry. The safety of our visitors and residents…
