Archive for May 17th, 2021
OfReg blames COVID for dragging heels on fuel spill
(CNS): The Utility Regulation and Competition Office (OfReg) claims it is taking “appropriate actions regarding a tank leak” at the Rubis Terminal in late 2019. Following a report on CNS last week about a review of the spill, which blamed the fuel supplier for not dealing with a corroded tank, the regulator said it had […]
CIMA issues warning to ‘crafty’ offshore firm
(CNS): The Cayman Islands Monetary Authority warned the financial sector that these “are not normal times” in a statement that strongly criticised the Maples Group for issuing a press release about its judicial review application against the regulator. The increased scrutiny by CIMA comes as the jurisdiction fights to be removed from the current Financial […]
