June 30, 2022

Cayman Islands preparing governance framework for cryptocurrencies

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FromAnti-Corruption Digest The Cayman Islands Government is working on a framework of governance for cryptocurrencies and digital coin projects taking place in the jurisdiction while it considers how to implement a legislative framework for the sector, which has grown to over $400 billion in a few short years. Responding to questions from CNS, the Ministry […]

The Cayman Islands Government reacts to the Sanctions and Anti Money Laundering Bill/ Chamber registers disappointment

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From The Office of the Cayman Islands Premier “The Cayman Islands Government is deeply aggrieved by the acceptance of the UK Government today of an amendment to the Sanctions and Anti Money Laundering Bill in the House of Commons.” The Premier was referring to the Sanctions and Anti-Money Laundering Bill amendment that was accepted by […]

Cayman Islands Chamber launches briefing sessions for key industry sectors

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Beginning with financial services on April 18th, the Chamber of Commerce is hosting a series of briefing sessions featuring government’s senior policymakers. “The sessions focus on specific industries and is a way for us to bring our members closer to the key policy developments which might impact their businesses”, explained Chamber President Paul Byles. “The […]

Cayman Islands Minister Rivers’ Statement on the Paradise Papers”

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Statement on the ‘Paradise Papers’ Minister of Financial Services and Home Affairs, The Hon. Tara Rivers, JP, MLA This weekend the international media published articles based on documents that they are calling the Paradise Papers. These documents, as the public is aware, were taken from servers in a number of Appleby offices. The Cayman Islands, […]

Cayman Islands delegation holds successful meetings with EU officials

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The Premier, the Hon. Alden McLaughlin; and Minister of Financial Services and Home Affairs, the Hon. Tara Rivers, met with key EU decision makers in Brussels from 28-29 September to discuss the EU’s preparations for a list of non-cooperative tax jurisdictions. ‘Cayman has consistently engaged on tax matters with EU officials through correspondence and responses […]

Cayman Finance celebrates 3rd cohort of student education and work experience programme graduates

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62 students successfully completed all three aspects of the 3rd annual Cayman Finance Student Education and Work Experience Programme and were celebrated at a recent event held at the Grand Cayman Marriott Beach Resort. The programme is coordinated by Cayman Finance in partnership with the Ministry of Financial Services and Home Affairs and the Ministry […]

Statement to the Legislative Assembly Global Forum on Transparency and Exchange of Information for Tax Purposes Report Cayman Islands Minister of Financial Services, the Hon. Tara Rivers

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Thursday, 24 August 2017 | Cayman Islands Legislative Assembly Mister Speaker: On Monday, 22 August, a high-profile global report was issued that rated the Cayman Islands’ compliance with the international standard for tax information exchange by request. As my learned colleagues in this Honourable House know, the matter of tax information exchange is incredibly important […]

Cayman Islands maintains its strong global tax cooperation rating

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The Cayman Islands remains strong in complying with the international standards that govern the exchange of tax information among tax authorities, according to a report published today.  The Global Forum on Transparency and Exchange of Information for Tax Purposes, an OECD body that is widely regarded as the most influential tax body in the world, […]

Cayman Islands Monetary Authority System Outage

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On behalf of the Cayman Islands Monetary Authority, the Ministry of Financial Services wishes to advise the public that due to utility works, the Authority has experienced a fibre optic line failure. Therefore, the network system is currently down. The Authority is actively working to resolve the issue and apologises for any inconvenience caused.

Cayman Islands Minister updated on Financial Services and Home Affairs matters

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The Hon. Tara Rivers has held initial meetings with senior managers in Financial Services and Home Affairs, during which they briefed her on current operations and initiatives, plans for the coming years and other pressing matters. The entities under the Ministry’s remit are the Department of Financial Services Policy and Legislation; the Department for International […]