Tag: Alden McLaughlin
McLaughlin ‘proud’ of Unity government
(CNS): Premier Alden McLaughlin has stated that not only is he proud of the work of his previous administration but he is also proud of the people in his new National Unity team despite the fact that he is sharing power with his former arch political rival, McKeeva Bush, and that two of his key […]
NCC chair silent over departure
(CNS): Cayman’s environment is facing yet another blow with confirmation from Christine Rose-Smyth that she has resigned from chair of the National Conservation Council. She told CNS that she did not want to comment on her reasons for stepping down but her departure comes at a time when government has made it clear that it […]
EU to outline next step in letter to Cayman
(CNS): The Cayman Islands has just twelve months to address the issues that caused the EU to include this jurisdiction among the 47 on its ‘grey-list’, after it managed to avoid being placed on the black-list of countries that European leaders regard as uncooperative when it comes to financial and tax transparency. According to documents […]
Cayman among jurisdictions on EU ‘grey-list’
(CNS): The Cayman Islands has dodged the European Union Council’s black-list of 17 uncooperative nations after the much-anticipated tax list was published Tuesday. However, this jurisdiction and more than 40 other countries are on a ‘grey-list’ of countries that have agreed to take steps toward “abolishing harmful tax practices”. Cayman, Bermuda, Guernsey, Isle of Man, […]
BOTs pushed to do more on tax transparency
(CNS): Prime Minister Theresa May welcomed the leaders of the British Overseas Territories to Downing Street Monday, after they arrived in London for the annual Joint Ministerial Council meeting this week. While the PM had good news for some territories, as her government has confirmed a new £70 million package of recovery and reconstruction support for […]
Public beach access remains at risk
(CNS): Resolving the issues surrounding public beach access rights has been identified by the current administration as an important priority. Nevertheless, during Finance Committee earlier this month MLAs raised a number of concerns about the increasing impositions being placed on people trying to access local beaches and Attorney General Samuel Bulgin struggled to offer any […]
Cayman poised to draw line on global cooperation
(CNS): Premier Alden McLaughlin has said the Paradise Papers leak was designed to influence the consideration of the latest European blacklist and if Cayman is on it next month, it could mark the end of cooperation. Speaking to members of the Legislative Assembly, he suggested that the Cayman Islands’ continuous and consistent cooperation, its adherence […]
CIG delegation heads to UK for JMC
(CNS): Premier Alden McLaughlin and a team of six local officials left for London Friday to attend what could turn out to be an important Overseas Territories Joint Ministerial Council meeting of the leaders of the British territories and UK Officials. Topics on the agenda include tax transparency, beneficial ownership and the EU’s proposed list […]
CIG aiming for full local employment
(CNS): Among the Government of National Unity’s ambitions for the next two years, supported by its recently passed spending plan, is full employment for all Caymanians. According to various comments made by the premier over the last few weeks since he delivered the Budget Policy Statement, the creation of a new human resources department will […]
Government won’t tax banks for education fund
(CNS): The premier told members of the Legislative Assembly that his government would consider the idea of an education fund that could help plug the budget gaps and cover more scholarships for Caymanians, but he said his administration was not prepared to raise the cash by putting a tax on the spread which banks take […]
CIG security could be reserved for locals only
(CNS): Government has accepted a proposal from the opposition to consider reserving security jobs at government ports and buildings for Caymanians only. On Thursday evening legislators briefly debated a private member’s motion on the idea by Chris Saunders (BTW), who said that it was normal for nationals of a given country to provide the security at […]
