Laws
Offshore laws glide through LA
(CNS): Financial Services Minister Tara Rivers has steered another batch of legislation through the parliament with the backing of the opposition as well as the government benches. The changes regarding private funds clarified the rules and are expected to help Cayman get off the EU blacklist. Speaking in the Legislative Assembly, Rivers said government had […]
Caymanians urged to have more kids
(CNS): MLA Chris Saunders (BTW) has said that Caymanians need to “make more children” to prevent the country from getting into future trouble as a result of a declining birth rate. The opposition MLA made the plea to the country during a debate about amending the Labour Law to make maternity leave provisions for private […]
Duty under review as gov’t faces 25% revenue loss
(CNS): The finance minister has revealed that government is planning to make amendments to the Customs Tariff Law and will also consider a motion put before the Legislative Assembly seeking the removal of duty on medical supplies as part of that review. But Roy McTaggart warned that any duty reductions are unlikely to happen while […]
Youth law change allows evidence from kids
(CNS): After changes to the Evidence Law to allow uncorroborated testimony from children to be admitted in criminal trials and considered by a jury without a warning, the Youth Justice law was amended this week to bring that legislation in line. The Youth Justice Law had required a jury to be directed to acquit when […]
Domestic Partnership Bill drafted
(CNS): Over seven months after the Cayman Islands Court of Appeal directed government to “expeditiously” implement some form of same-sex civil partnership legislation, a bill has finally been drafted for public consultation. The court made the order after overturning the chief justice’s ruling from March 2019 legalising same-sex marriage. In response, government has now come […]
Miller makes bid to change Customs Law
(CNS): Ezzard Miller, the independent member for North Side, is making another attempt to persuade government to amend the Customs Law to cut all duty on medicines and medical supplies and to introduce a provision to prevent duty being applied to returned and replaced goods on warranty. When the Legislative Assembly meets at the end […]
More bills rolled out to help offshore sector
(CNS): The Tax Information Authority (Amendment) Bill, 2020 is one of another bundle legislation that will be before the Legislative Assembly later this month in order to tackle the ongoing challenges faced by Cayman’s offshore industry. The tax bill seeks to strengthen the compliance, enforcement and cooperation functions of the Tax Information Authority and help […]
Premier defends legality of curfew in Cayman
(CNS): Like governments the world over, the Cayman Islands government has been balancing public health concerns regarding the spread of COVID-19 in the community with the damage that lockdown inflicts on the economy. However, another contentious debate has emerged about the legality of the lockdown measures taken by the CIG, which the premier has indicated […]
EU blacklist a ‘major worry’
(CNS): With the COVID-19 pandemic decimating the tourism sector in the Cayman Islands for at least the rest of this year and probably well beyond, financial services will be the main driver for any economic recovery as the country emerges from lockdown. But Premier Alden McLaughlin said that Cayman must be removed from the European […]
AG rehashing port ref arguments in appeal
(CNS): The Attorney General’s Chambers plan to rehash all the arguments made during a judicial review, which was brought by a member of the Cruise Port Referendum campaign, at an appeal on Wednesday. Last month the premier claimed that the appeal was going ahead in order to address the overreach by the court and not […]
Laws coming to support virtual assets
(CNS): The resilience of the offshore sector will be critical to the Cayman Islands in the post COVID-19 economic recovery and new legislation is expected to help boost the industry in the coming months. Five new bills were gazetted last week that will provide a legal framework to promote the use of new technology and […]
