Premier to miss port JR for NY meeting

| 17/01/2020 | 19 Comments
Cayman News Service
Premier Alden McLaughlin at the Cayman Finance New York Breakfast Briefing in 2019

(CNS): Premier Alden McLaughlin will need to keep a close eye on his WhatsApp messages next week, as he heads to New York for meetings there with Cayman Finance, if he wants to keep tabs on the legal case opening Monday regarding the cruise port referendum. A press release from his office said that he will lead a delegation on Sunday to Manhattan for the 7th Annual Cayman Finance New York Breakfast Briefing and a re-insurance business round-table.

As he delivers his addresses about what the Cayman Islands has to offer New York’s financial professionals, the courts here will be gearing up to hear the challenge, brought by local activist Shirley Roulstone, to government’s handling of the people-initiated referendum on the cruise project.

On his social media post the premier said he was looking forward to the trip. “It’s a great opportunity to network and for member firms and associates to learn more about the latest developments in our financial services industry,” he said.

The delegation includes the Attorney General Sam Bulgin, whose chambers are defending government in the judicial review.

Accompanying the premier will be Financial Services Minister Tara Rivers, Department of Financial Services Director Michelle Bahadur, members of the Cayman Islands Monetary Authority, and Eric Bush, the Chief officer in the Ministry of International Trade, Investment, Aviation and Maritime Affairs, as well as the premier’s senior political advisor, Roy Tatum, and his personal assistant, Jana Pouchie-Bush.


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Category: Business, Financial Services, Politics

Comments (19)

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  1. Anonymous says:

    Are any readers in NY and can bear to go to this snoozefest? I’d love to know how many of the delegation actually show up to the breakfast and how many are sleeping off hangovers and recharging for another day of shopping.

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  2. Anonymous says:

    Then on to Hollywood?

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  3. Anonymous says:

    My good friend Steve Mnuchin asked me who is Alden McLaughlin – never heard of him.

    And it is good news to hear that CIMA/Financial Services ares going as Steve expressed familiarity with their attempt to bring the Cayman Islands up to the standards that are expected by the US/UK/International regulatory bodies.

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    • Anonymous says:

      Expected but not necessarily complied with…that country to the north is the centre of secrecy and money laundering.

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      • Anonymous says:

        So the lesson here is not to put your money in the Cayman Islands, simply go for a short drive to DELAWARE!!!!!!!!!!!!!!!!!!!!!!

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  4. Anonymous says:

    Got to pack in the public paid trips before elections😉

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  5. Anonymous says:

    You running and you running
    And you running away
    But you can’t run away from yourself

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  6. Anonymous says:

    That’s quite a delegation for breakfast. No doubt they will all be working hard the rest of the day. Make sure to submit those (verbal) receipts!

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  7. Anonymous says:

    Will everyone have their own room, or will some share (to save money)?

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  8. Kurt Christian says:

    Vote No

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  9. Anon says:

    Air miles Eric raking in his frequent flyer miles again, to attend a breakfast. I don’t see him flying business class to the Brac very often, but anywhere else he never misses out.

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  10. Anonymous says:

    Thank god Aldart’s taking Cayman Finance…we don’t want another interview like on Britain’s Trillion Pound Island.

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We have created a new system to help us address questions we receive from the public for the press briefings. We are getting hundreds every day and it’s impossible to read and deal with them while the PB is in process as there are a lot of moving parts to being able to do the Zoom meeting, take notes and respond to their info in real time.

So we are asking people to send their questions each day BEFORE NOON to: covid-questions@caymannewsservice.com

This will give us a chance to read, sort and consolidate the questions so that we get to the issues that people are most concerned about.

Thanks for your help. In the meantime the ones you have sent will be sorted and collated.