Archive for July 12th, 2022

Dart pledges to conserve land as it develops

Dart pledges to conserve land as it develops

| 12/07/2022 | 193 Comments

(CNS): Cayman’s largest landowner has made a pledge to conserve one acre of natural habitat for every acre it develops in the future. The Dart Group, which is responsible for a significant amount of development on Grand Cayman, has also said it will not begin any new projects until the government completes the revised National […]

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Cayman freezes US$8.7 billion in Russian assets

Cayman freezes US$8.7 billion in Russian assets

| 12/07/2022 | 29 Comments

(CNS): Over US$8.4 billion and €297.8 million in assets have been frozen in the Cayman Islands since Russia sanctions were imposed at the beginning of March. The Financial Reporting Authority has received 801 Compliance Reporting Forms (CRFs) related to the sanctions and 144 suspicious activity reports. This represents over US$1 billion more than initially reported […]

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Revamped Pirates Festival stretched to three months

Revamped Pirates Festival stretched to three months

| 12/07/2022 | 129 Comments

(CNS): The annual Pirates Festival is undergoing another change and instead of a condensed version as was the case in 2021, the plan this year is to bring back the Heritage Days where each district hosts its own event at two-week intervals, beginning in September. The new three-month festival starts on 3 September with a […]

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