Archive for February 18th, 2020
Cayman tops TJN 2020 Secrecy Index
(CNS): The Cayman Islands government hit back at the Tax Justice Network after it topped the TJN Financial Secrecy Index this year for the first time, which happened on the same day that Cayman became the only UK Overseas Territory to be blacklisted by the European Union. Officials here criticised TJN’s methodology and accused it […]
Cops bust West Bay dealer
(CNS): Three West Bay men, aged 28, 41 and 64, were arrested Friday night after a drug bust at three locations in the district, one of whom was arrested for dealing. Police, assisted by officers from the Department of Agriculture, conducted the searches under the Misuse of Drugs Law. They recovered CI$4,000 in cash, believed […]
Car smashes into wall in Pease Bay
(CNS): A driver had a lucky escape Monday afternoon after the silver Honda Accord he was driving east on Bodden Town Road smashed into a wall. Police said the single-vehicle crash happened just before 4:00pm on 17 February in the Pease Bay area. Emergency services were called and he was taken to the Cayman Islands […]
Boris’ reshuffle lands UKOTs a new boss
(CNS): After a ministerial reshuffle by British Prime Minister Boris Johnson, the Foreign and Commonwealth Office appears to have undergone an unofficial merger with the Department for International Development, in which the roles of all junior FCO and DfID ministers now overlap. As a result Baroness Sugg has taken over the UK Overseas Territories brief […]
Cayman faces long wait to get off EU blacklist
(CNS): As expected, following warnings last week the Cayman Islands was added to the European Union’s list of non-cooperative jurisdictions regarding tax issues on Tuesday. It seems the jurisdiction will now have to wait until October before it gets off this list, which it has apparently landed on due to the tardiness in passing a […]
