Tag: Alden McLaughlin

CIG creates new department of ‘WORC’

CIG creates new department of ‘WORC’

| 25/05/2018 | 18 Comments
(CNS): Government’s much-anticipated merger of the work permit and residency elements of the immigration department with the workforce development agency will be known as WORC, according to a press release issued Friday. The establishment of this new department, Workforce Opportunities and Res [...]

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Cayman to bring fight over BO to local courts

Cayman to bring fight over BO to local courts

| 23/05/2018 | 15 Comments
(CNS): The premier has said that the Cayman Islands will resist the Order-in-Council from Britain if it seeks to impose a public beneficial ownership register before the rest of the world adopts this model of transparency. Alden McLaughlin said that having taken advice from leading constitutional la [...]

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Cayman seeking constitutional changes

Cayman seeking constitutional changes

| 23/05/2018 | 65 Comments
(CNS): The Cayman Islands Government, with the support of the opposition, is entering into dialogue with the United Kingdom to change parts of the Constitution relating to the territory’s relationship with Britain. Premier Alden McLaughlin said he had already spoken with Prime Minister Theresa [...]

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House of Lords approve bill paving way for BO register

House of Lords approve bill paving way for BO register

| 22/05/2018 | 60 Comments
(CNS): Lord Ahmad said in the House of Lords Monday that the standards of the British Overseas Territories’ financial services on beneficial ownership information surpass international standards and admitted that by accepting a policy of imposing public registers, the UK government was disenfr [...]

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Premier secures meeting with UK PM

Premier secures meeting with UK PM

| 17/05/2018 | 51 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 | 104 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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Coat of Arms London party still on despite row with UK

Coat of Arms London party still on despite row with UK

| 11/05/2018 | 76 Comments
(CNS): Premier Alden McLaughlin will be leading a delegation to the UK next week to launch the celebrations for the 60th anniversary of the Cayman Islands Coat of Arms. The government has chosen to begin marking the diamond jubilee in London, despite tensions between Britain and its overseas territ [...]

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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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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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