Tag: André Ebanks
Social welfare overhaul reaches final stages
(CNS): Two years after the Financial Assistance Act was passed in parliament and a year after the regulations were implemented, the Needs Assessment Unit will officially become the Department of Financial Assistance (DFA) on 10 October, as work continues on reforming the delivery of welfare assistance to those in need. A number of changes have […]
Cayman registers 30k funds for the first time
(CNS): Officials have claimed that the Cayman Islands continues to cement its place as a global leader in investment funds after the jurisdiction topped a record-breaking 30,000 funds. The Cayman Islands Monetary Authority (CIMA) said that as of 4 September, the total number of registered investment funds in Cayman was 30,038 (17,080 private funds and […]
Minister stands by consultation on new fees
(CNS): Financial Services André Ebanks is standing by his decision to engage local financial institutions in a consultation over proposed fee hikes next year. Premier Juliana O’Connor-Connolly has claimed that she was not aware of a proposal to implement a $200,000 annual fee on the Credit Union, among other financial institutions. However, Ebanks has said […]
CIG hopes pay boost will attract more foster parents
(CNS): Foster parents in the Cayman Islands are now receiving a slightly bigger stipend, starting this month, which the Ministry of Social Development said refelcted the rising cost of living. This is the first increase since 2015, but the ministry said that going forward, the stipends, which now range from $215 to $300 per week, […]
NAU tackling 350 calls per week but hitting targets
(CNS): Social Development Minister André Ebanks has told parliament that the rollout of new technology and the collection of data are beginning to improve the service the Needs Assessment Unit can offer. He told his fellow MPs that a team of just four people is handling an average of some 350 calls per week. But […]
Parliament votes to take on banks over fees and fairness
(CNS): Financial Services Minister André Ebanks has said the Cayman Islands Monetary Authority will be reviewing the fees retail banks are charging local customers and already has plans to amend the Registered Land Act to make it harder for them to foreclose on homeowners. Accepting a private member’s motion brought by the opposition leader last […]
Gov’t considering how to cut fuel costs and light bills
(CNS): André Ebanks, in his role as acting finance minister, said the government was considering ways to help people face the cost of living crisis and high summer power bills. But a relief programme like the one that was rolled out in 2022 would now cost around $8.6 million. Opposition Leader Roy McTaggart has called […]
Change coming to LCCL & TABL regimes and laws
(CNS): Commerce Minister André Ebanks told MPs last week that a private member’s motion brought to parliament has presented the government with “a golden opportunity” to review the Local Companies Control Licensing and the Trade and Business Licensing laws. He said that, like a lot of other legislation on Cayman’s statute books, they are ready […]
DP proposes supplement for school bus workers’ pay
(CNS): Deputy Premier and Social Development Minister André Ebanks has proposed that the government pay a stipend during the summer months to people employed by private companies contracted to provide school bus transportation services for Cayman Islands Government (CIG) primary and high schools.
MPs vote against EBC report for lack of public engagement
(CNS): Acting Premier André Ebanks explained to MPs on Friday why the premier’s office and Cabinet have suggested that they should reject the Electoral Boundary Commission’s 2023 report, which recommended altering most of the constituency boundaries within the districts and renaming them with numbers or adding a new seat in Bodden Town. Ebanks made it […]
Ebanks tackles beneficial ownership during trip to Asia
(CNS): Financial Services Minister André Ebanks led a Cayman Islands delegation to Singapore last month to open the Cayman Islands Government’s new Asia Office. While there, he held a series of meetings, including with the European Commission and Financial Action Task Force for talks on beneficial ownership.
