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Premier secures meeting with UK PM

Premier secures meeting with UK PM

| 17/05/2018 | 49 Comments
(CNS): Premier Alden McLaughlin has confirmed that he was able to secure a meeting with Prime Minister Theresa May during his trip to London this week and will be discussing the public registers issue and relations between the Cayman Islands and the UK when he returns to the islands next week. Meanw [...]

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The premier has failed and should resign

The premier has failed and should resign

| 16/05/2018 | 103 Comments
“Sad” writes: Alden McLaughlin should resign immediately from the Office of Premier. This comment may sound politically motivated, but it is not. In fact, it is expected in politics that when a politically elected leader fails in the performance of his duty on a level that is so detrimen [...]

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Boris calls for another 60 years of British rule in Cayman

Boris calls for another 60 years of British rule in Cayman

| 16/05/2018 | 41 Comments
(CNS): The dispute between the Cayman Islands and the British government over the potential imposition of a public beneficial ownership register was put aside Monday, when the celebrations in London to mark the 60th anniversary of the Cayman Islands Coat of Arms got underway. However, Foreign Secret [...]

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Cayman’s offshore rivals target crypto market

Cayman’s offshore rivals target crypto market

| 15/05/2018 | 52 Comments
(CNS): As the global cryptocurrency sector heats up, job creating international investment is seeking out suitable jurisdictions and Cayman Islands’ offshore rivals are looking to steal a march on this growth by introducing crypto-friendly laws and legislation, with Bermuda in pole position. B [...]

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Premier: Cayman not ready to go it alone

Premier: Cayman not ready to go it alone

| 08/05/2018 | 265 Comments
(CNS): The decision by the British government to amend the Sanctions and Anti-Money Laundering Bill to require its overseas territories to establish public registers of the beneficial owners in their jurisdictions has stirred up the topic of independence again, but Premier Alden McLaughlin said the [...]

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Premier: UK treachery goes beyond enforced register

Premier: UK treachery goes beyond enforced register

| 04/05/2018 | 212 Comments
(CNS): News that the UK is going to force the Cayman Islands and other overseas territories to establish public registers of beneficial ownership relating to the financial entities domiciled there is a “treachery” that goes beyond the registers itself, Premier Alden McLaughlin has said. [...]

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Crown Dependencies remain target of UK MPs

Crown Dependencies remain target of UK MPs

| 03/05/2018 | 34 Comments
(CNS): The two members of the British parliament who led the cross-party campaign to force the British Overseas Territories to establish open beneficial ownership registers have said that they are continuing that campaign to ensure it also applies to the Crown Dependencies. Government and private se [...]

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Cayman Finance remains calm, Chamber outraged

Cayman Finance remains calm, Chamber outraged

| 02/05/2018 | 28 Comments
(CNS): Jude Scott, the CEO of Cayman Finance, has responded relatively calmly to the vote in the UK parliament yesterday, which will see the British government impose a public beneficial owners register on the Cayman Islands, as he pointed to the two-year process, during which time the dialogue with [...]

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Bush tells BBC that Cayman is proud to be British

Bush tells BBC that Cayman is proud to be British

| 02/05/2018 | 27 Comments
(CNS): Eric Bush, the Cayman Islands’ representative in London, told BBC Radio 4’s flagship morning news programme, Today, that the Cayman Islands is a part of the UK because it wants to be and is proud to be British. Speaking to John Humphrys in the wake of the vote in the UK parliament [...]

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Premier calls UK move on BOTs ‘colonial despotism’

Premier calls UK move on BOTs ‘colonial despotism’

| 01/05/2018 | 191 Comments
(CNS): Premier Alden McLaughlin has said that the Cayman Islands Government is considering a legal challenge to the news today that the British parliament has voted to force its overseas territories to introduce public registers showing the beneficial owners of the companies domiciled there. “ [...]

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UK to force BOTs to make BO registers public

UK to force BOTs to make BO registers public

| 01/05/2018 | 66 Comments
(CNS): The Cayman Islands and other British Overseas Territories will be forced to make the beneficial owners of companies registered in their jurisdictions public after a cross-party amendment to a Sanctions and Anti-Money Laundering Bill was accepted by the UK government Tuesday. In a significant [...]

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