January 22, 2020

Cayman Finance announces support for Cayman Islands Government decision to introduce a Public Register of Beneficial Ownership

Pin It

GEORGE TOWN, Cayman Islands–(BUSINESS WIRE)–#Cayman–Cayman Finance issued the following statement in support of an announcement by the Cayman Islands Government that it intends to introduce a public register of beneficial ownership, in line with evolving standards and international obligations such as those reflected in the principles of EU 5th Anti Money Laundering Directive: “Cayman Finance, the […]

Cayman Finance pleased to have FBI acknowledge Cayman Islands’ “immense value” in combating financial crime

Pin It

Cayman Finance says a  senior official from the United States Federal Bureau of Investigation (FBI) has commented on the positive role that jurisdictions like the Cayman Islands play in combating financial crime. Appearing before the US Senate Banking, Housing, and Urban Affairs Committee in May 2019, FBI Acting Deputy Assistant Director (Criminal Investigative Division), Steven M. […]

HE The Governor Mr Martyn Roper travels to New York in support of Cayman Islands’ Financial Services Industry

Pin It

HE The Governor Mr Martyn Roper will travel to New York this coming Monday (21 January) to attend a series of events with US Financial Services associations including Cayman Finance’s breakfast briefing which is taking place in the city. The Governor will join the Premier, Minister Rivers, the Attorney General and the Managing Director of […]

Cayman Finance launches Industry Ambassador Programme

Pin It

Cayman Finance has launched an online learning portal designed to help ensure accurate information is known and shared about the jurisdiction. The “Industry Ambassador Programme” primarily targets the 7,000 people working in the Cayman Islands financial services industry to equip them with the knowledge required to champion the benefits of using the jurisdiction as a […]

Cayman Finance responds to vote by U.K. House of Commons to disregard the Cayman Islands’ leadership on transparency and verified ownership standards

Pin It

Jude Scott, CEO of Cayman Finance, issued the following statement about a vote by the U.K. House of Commons to amend the proposed Sanctions and Anti-Money Laundering Bill to require public ownership registers in the Cayman Islands and other British Overseas Territories by December 2020: “Cayman’s existing verified ownership regime remains in force – and […]

Cayman Islands Chamber roundtable reveals outlook for construction industry

Pin It

The Chamber of Commerce recently conducted an industry roundtable session with firms from the construction and development sectors in March and the results showed both optimism and concerns among local contractors and industry professionals. “The purpose of our roundtable discussion sessions is to better understand how Chamber members industries are doing, their concerns and any […]

Cayman Islands Governor meets business leaders

Pin It

GRAND CAYMAN (GIS) – Today (29 March) the His Excellency the Governor Mr. Anwar Choudhury met with business leaders, including representatives from Cayman Finance and the Chamber of Commerce. Both organisations gave a presentation which outlined their respective missions and priorities. The Governor was also briefed on the state of the financial services industry in […]

Global Financial Centres Index 23 ranks Cayman Islands among top 25 best financial centres in the world, one of only four such jurisdictions from outside the G20

Pin It

Jude Scott, CEO of Cayman Finance, issued the following statement about the new release of the twenty-third edition of the Global Financial Centres Index (GFCI 23), which ranked the Cayman Islands as the 22nd best financial centre in the world out of 110 total jurisdictions. Cayman’s ranking was an improvement of 9 places over the […]

Cayman Islands Academy student wins laptop from Cayman Finance

Pin It

At the recent Cayman Academy Career Fair, a year 8 student received an HP Pavillion Notebook from Cayman Finance CEO, Jude Scott, as a prize for correctly answering a quiz on the Cayman Islands’ financial services industry. The fair was held at the University College of the Cayman Islands on Friday, November 17th and included […]

Cayman Finance responds to sensational reports exploiting illegal data hack

Pin It

Jude Scott, CEO of Cayman Finance, issued the following statement in response to reports of an illegal data theft involving the financial information of tens of thousands of people and businesses: “Like other international financial centres, the Cayman Islands has had to get used to unfair and inaccurate reporting about our role in the global […]