Archive for May 17th, 2021

OfReg blames COVID for dragging heels on fuel spill

OfReg blames COVID for dragging heels on fuel spill

| 17/05/2021 | 19 Comments

(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 […]

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CIMA issues warning to ‘crafty’ offshore firm

CIMA issues warning to ‘crafty’ offshore firm

| 17/05/2021 | 183 Comments

(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 […]

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