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CIG to meet EU and OECD on ‘economic substance’ issue

CIG to meet EU and OECD on ‘economic substance’ issue

| 16/01/2018 | 33 Comments
(CNS): Officials from the financial services ministry have confirmed that Cayman has been invited to a meeting with the European Union and the OECD, along with five other jurisdictions, on the latest European grey-list. The ministry said the informal voluntary meeting was to discuss the definition [...]

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Premier to deliver address at 15th CEO conference

Premier to deliver address at 15th CEO conference

| 15/01/2018 | 7 Comments
(CNS): The premier will be making his first major public address of the year at the Fidelity CEO conference next month. It is a long-held tradition for the leaders of Cayman to deliver a state of the nation type speech, looking both back and forward, at this conference, though Alden McLaughlin has m [...]

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Cayman under new EU black-list threat

Cayman under new EU black-list threat

| 15/01/2018 | 63 Comments
(CNS): As the UK government moves towards trade talks with the European Union as part of the Brexit negotiations, the British Overseas Territories, including Cayman, could be used as leverage and may be placed on the black-list that they recently avoided, according to a report in the Independent Sun [...]

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Former bank boss elected chair of Cayman Finance

Former bank boss elected chair of Cayman Finance

| 12/01/2018 | 50 Comments
(CNS): Conor O’Dea, the former managing director and senior executive vice president of Butterfield Bank, has been elected to serve as chair of the Cayman Finance board at the recent annual members’ meeting. Replacing Ian Wight, who held the chairman’s job for three years, O’Dea is takin [...]

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Cayman logs new record for stay-over guests

Cayman logs new record for stay-over guests

| 12/01/2018 | 88 Comments
(CNS): The number of people who visited the Cayman Islands in 2017 reached record highs, the tourism department confirmed Thursday as it released the complete arrival figures for 2017. For the first time in the islands’ tourism history the numbers broke through the 400,000 mark for people flyi [...]

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