October 16, 2021

Cayman Islands’ remittances fall during correspondent banking crisis

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BY AVIA COLLINDER From Jamaica Observer  In the Cayman Islands, where remittance flows were interrupted in 2015 by the threatened withdrawal of correspondent banking support and the closure of money service providers, outward remittances dropped by US$10 million when compared to 2014 figures. Remittances fell midyear 2015 when banks in Cayman stopped offering services to […]

JN Money Transfer to host town hall meeting in Cayman Tue (8)

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From Jamaica Observer KINGSTON, Jamaica — JN Money Services (Cayman) Limited (JNMS Cayman) will host a town hall meeting for Jamaicans living in The Cayman Islands tomorrow, to discuss issues affecting them and to update them on the company’s ongoing talks with the Cayman Islands Monetary Authority (CIMA). The meeting is scheduled for 6:00 pm […]