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JN Money limits transactions to US Dollars in Cayman

From Jamaica Gleaner The Cayman Islands (CI) operation of JN Money Services (JNMS) has advised that, starting August 24, it will accept US dollars only for money transfer, MoneyGram and Quick Cash transactions. The action appears to be an accommodation…

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Mutual Funds-Related and Companies Bills gain Cayman Islands LA approval

The Ministry of Financial Services, Commerce and Environment had four bills – one involving changes to the Monetary Authority Law, two regarding regulations for mutual funds, and one relating to the filing of company directors and officers – that recently…