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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 | 31 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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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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