Bill to Replace Cayman Islands’ controversial ‘Secrecy Law’ tabled
From CaribFlame It was announced in May that the Confidential Relationships (Preservation) Law would be repealed by September 2016. Financial services minister Wayne Panton on Friday said that the current law has fuelled the jurisdiction’s tax haven label, and replacing…
Cayman updates copyright for digital age
By Mark Dugdale From IP Pro The Internet The Cayman Islands has taken its first steps to modernise its intellectual property laws with the introduction of a new copyright bill that takes effect from 30 June. From 30 June, the…
Cayman Islands’ Premier calls for ‘Truly Global’ standards at Anti-Corruption Summit
Thursday, 12 May 2016) – At the UK’s Anti-Corruption Summit today, Cayman Islands Premier, the Hon. Alden McLaughlin, called for standards that are ‘truly global’ and inclusive of countries that have significant political clout. ‘In order to be successful, and…
Cayman Islands mimic Delaware’s limited liability company
By Kirsten Hastings From International Adviser The Cayman Islands is to introduce a new type of business vehicle in the form of a limited liability company (LLC), inspired by similar legislation in the US state of Delaware. The Limited Liability…
New signs that Cayman might dismantle its secrecy law
From Tax Justice Network Cayman politicians love to pretend that they aren’t living in a tax haven. No, they’re part of a responsible international financial centre. And, as we’ve remarked ad nauseam, they all say that. It’s almost a defining…
Ministry of Home Affairs introduces ford fusion hybrids to police fleet
The Ministry of Home Affairs is set to introduce hybrid vehicles as a part of its strategic objective to “Make Cayman Better”. It is projected the initiative will not only reduce the burden on the public purse, but also reduce…
Cayman Islands celebrates World Maritime Day (Thu 25 Sep 2014)
Statement from Her Excellency the Governor, Helen Kilpatrick, CB: “He hath founded it upon the seas” is a statement steeped in Caymanian history and the tradition of relying upon the sea for sustenance, commerce, transportation and dreams. World Maritime Day…
Small business relief package submitted to Government for consideration
The Chamber Council has written to the Ministry of Commerce recommending a series of cost reduction measures intended to provide immediate assistance to small businesses. The submission follows the public announcement by the Premier at the CEO conference on the…
