Archive for May, 2018

Cayman to bring fight over BO to local courts

Cayman to bring fight over BO to local courts

| 23/05/2018 | 17 Comments

(CNS): The premier has said that the Cayman Islands will resist the Order-in-Council from Britain if it seeks to impose a public beneficial ownership register before the rest of the world adopts this model of transparency. Alden McLaughlin said that having taken advice from leading constitutional lawyers in London, the government will not seek a […]

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Cayman seeking constitutional changes

Cayman seeking constitutional changes

| 23/05/2018 | 66 Comments

(CNS): The Cayman Islands Government, with the support of the opposition, is entering into dialogue with the United Kingdom to change parts of the Constitution relating to the territory’s relationship with Britain. Premier Alden McLaughlin said he had already spoken with Prime Minister Theresa May about clarifying and amending parts of the Constitution to prevent […]

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Director suspended as port begins probe

Director suspended as port begins probe

| 23/05/2018 | 90 Comments

(CNS): After weeks of revelations regarding a catalog of issues surrounding the beleaguered port director, Clement Reid, officials confirmed Wednesday that he had been suspended from his job and an internal investigation has been opened. In a short statement from the Port Authority of the Cayman Islands board of directors, they said he had been “suspended […]

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Rivers talked with financial sector ahead of EU trip

Rivers talked with financial sector ahead of EU trip

| 23/05/2018 | 19 Comments

(CNS): Ahead of her trip to Brussels this week, Financial Services Minister Tara Rivers and her technical officials engaged with the local industry about Cayman’s commitments in relation to the EU’s assessment of jurisdictions’ tax regimes. Rivers said “developments remain fluid” and that government’s process for fulfilling its commitments continues to include the participation of the […]

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Wet weather causes disruptions for Cayman Airways

Wet weather causes disruptions for Cayman Airways

| 22/05/2018 | 42 Comments

(CNS): Cayman Airways officials said that scheduled flights were operating largely as expected Tuesday after a difficult day Monday, when several flights were delayed and diverted. The national flag carrier said it would continue to monitor the weather conditions, given that heavy rain is expected all week, and update the travelling public when necessary. On Monday […]

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Man followed and beaten by robbers

| 22/05/2018 | 14 Comments

(CNS): Police are on the hunt for a gang of robbers who beat up a victim, inflicting a head wound, and stole personal items after following him home from a bar in the early hours of Monday morning. The RCIPS said they received a report around 12:30am on 21 May about a robbery on Prospect […]

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Another visitor dies after snorkelling trip

Another visitor dies after snorkelling trip

| 22/05/2018 | 27 Comments

(CNS): A 57-year-old man who was visiting the Cayman Islands from the United States has became the seventh tourist to die in local waters so far this year. On Saturday evening, 19 May, emergency personnel were called to East End after the man had encountered difficulties while snorkelling in the area. He was helped to shore […]

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MRCU signs new $600k deal with Oxitec

MRCU signs new $600k deal with Oxitec

| 22/05/2018 | 33 Comments

(CNS): Despite recent revelations that the pilot project using genetically modified male mosquitoes to reduce the Aedes aegypti population fell far short of expectations, the government has signed a new deal with biotechnology company, Oxitec, to continue releasing them. The contract is costing the public purse around CI$588,000 and appears to be not much more than a […]

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Deluge of rain expected in Cayman all week

Deluge of rain expected in Cayman all week

| 22/05/2018 | 10 Comments

(CNS): A large area of cloudiness and showers extending from the northwestern Caribbean Sea up to the Florida peninsula will be bringing heavy rain this week to the Cayman Islands. Local weather experts warn there will be flooding at times in low lying areas as a result of the weather system that is likely to be […]

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House of Lords approve bill paving way for BO register

House of Lords approve bill paving way for BO register

| 22/05/2018 | 60 Comments

(CNS): Lord Ahmad said in the House of Lords Monday that the standards of the British Overseas Territories’ financial services on beneficial ownership information surpass international standards and admitted that by accepting a policy of imposing public registers, the UK government was disenfranchising the local democratically elected governments. As the upper chamber of the British […]

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Car smashes into wall, brings down two poles

Car smashes into wall, brings down two poles

| 22/05/2018 | 22 Comments

(CNS) UPDATED: A woman sustained serious but non-life-threatening injuries Sunday evening when the car she was in smashed through a concrete wall and brought down two light poles in West Bay. The crash happened around 6:30pm on North West Point Road at the junction of Rennie Ebanks Road and involved just one white car but […]

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