Recent Articles
High street banks expected to cut interest rates
(CNS): Butterfield Bank (Cayman) Limited is the first of Cayman’s high street retail banks to announce an interest rate cut following the reduction in the US Federal Funds Rate yesterday by a quarter point. Butterfield said it will cut its Prime Rate for US and CI dollar lending for residential mortgages, consumer loans and corporate […]
Referendum bill to come to parliament in New Year
(CNS): Deputy Premier Kenneth Bryan, who is spearheading the government’s planned referendum next year, has said the legislation has been drafted, and a bill paving the way for the national poll on General Election Day will go before parliament when it meets on 31 January. At a public meeting on Monday organised by the Association […]
Radar back in action after annual maintenance
(CNS): The Cayman Islands National Weather Service said the Kearney Gomez Doppler Radar is now fully operational following its annual maintenance. The work was done earlier this month, between 4 and 6 December. The radar plays an important part in regional weather forecasting but has been plagued with technical issues and sustaining damage from stormy […]
Parliament adjourns with passage of new BO regs
(CNS): Premier Juliana O’Connor-Conolly, who recently added financial services to the largest portfolio ever held by a Cabinet minister, steered a government motion through parliament Monday night that enables people with a confirmed legitimate reason to access beneficial ownership information about companies registered in the Cayman Islands. The Beneficial Ownership Transparency (Legitimate Interest Access) Regulations, […]
Scammers create fake Cayman Crypto Bank website
(CNS): Fraudsters have created a fake crypto bank that they claim is based in the Cayman Islands in another effort to separate people from their hard-earned cash. The Financial Reporting Authority (FRA) became aware of the “Cayman Crypto Bank” through the website www.caymancryptobank.com that fraudulently claims: “The Banking of the Future. Based in Cayman Islands. Cayman […]
80lbs of ganja seized at ORIA from two Canadians
(CNS): Over the last two weeks, Customs and Border Control (CBC) have seized just under 80lbs of ganja from two separate smugglers at Owen Roberts International Airport. Both were Canadian nationals, who are now on remand at HMP Northward and HMP Fairbanks. CBC officers stopped the first of the two on his arrival at the […]
Cuban migrant chooses to land as 9 others press on
(CNS): One Cuban migrant opted to end his dangerous journey in Grand Cayman, yesterday, when a boat carrying nine ten people came into local waters. The vessel was spotted off the coast of Pedro Castle on Grand Cayman, Wednesday, at about 1:30pm. The group were traveling west and a Cayman Islands Port Authority boat was the […]
Child and two adults injured in three-car pile-up
(CNS): Just one day after the police launched their Christmas safety campaign, they were on the scene of yet another major collision on Grand Cayman’s roads. This one involved three vehicles that may have been caused by drivers racing each other. The crash happened on Bodden Town Road in the Midland Acres area at about […]
UPM in mystery talks to swap Barkers land with Dart
(CNS) UPDATED: The government has issued a brief statement about the approval of a mystery Memorandum of Understanding (MOU) with the islands’ largest land owner Dart Enterprises Limited. The deputy governor has now confirmed to CNS that talks, with a view to swapping land in the area to create a national park, are at the […]
New acts advance social development
(CNS): Parliament adjourned on a relative high note, Monday, after government steered through a collection of bills advancing Cayman’s social development safety net. The amendment bills were largely the work of the former minister, Andrè Ebanks (WBS) and deal with improvements to child safeguarding and protecting the elderly.
Recycling still stalled as depot returns to Foster’s
(CNS): The department of environmental health has relocated the West Bay recycling depot back to Foster’s Republix so shoppers no longer have to make an extra trip to the Ed Bush Stadium site which will now close. But it remains one of only nine locations where the public must make the effort to sort and […]
