Tag: beneficial ownership

UK MPs double down on demand for public registers

UK MPs double down on demand for public registers

| 14/06/2018 | 122 Comments
(CNS): The leaders of the British Overseas Territories impacted by the UK parliament’s vote in April to impose public ownership registers are currently in London, battling to reverse the decision and, in Cayman’s case, attempting to change the constitution. However, the British MPs behin [...]

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CIG officials make ‘great progress’ on constitution

CIG officials make ‘great progress’ on constitution

| 12/06/2018 | 12 Comments
(CNS): Cayman Islands London representative Eric Bush, who has been coordinating meetings in the UK for the premier’s delegation this week, said that “great progress” is being made in efforts to improve the constitutional relationship between Britain and the Cayman Islands. Premier [...]

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Constitutional reform focus of premier’s UK trip

Constitutional reform focus of premier’s UK trip

| 11/06/2018 | 9 Comments
(CNS): Premier Alden McLaughlin is currently heading a delegation on a trip to London, where he and his officials will be meeting with fellow overseas territory leaders and British government representatives to discuss a number of issues, with constitutional reform at the top of the agenda. McLaugh [...]

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Miller seeks speedy constitutional change

Miller seeks speedy constitutional change

| 05/06/2018 | 46 Comments
(CNS): The opposition leader is hoping to see a speedy advancement of plans to change section 125, the last and shortest clause in the Constitution that allows the UK government to impose domestic law on the Cayman Islands. Given the Conservative Party’s precarious hold on power, given its sli [...]

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Elder MLAs to shape constitution proposal

Elder MLAs to shape constitution proposal

| 30/05/2018 | 77 Comments
(CNS): A ‘Council of Elders’ comprising members of the Legislative Assembly that have served at least two full terms will be established shortly to hammer out a proposal to amend the Cayman Islands Constitution, Premier Alden McLaughlin has said. The government, supported by the oppositi [...]

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Lord Ahmad: We didn’t want this

Lord Ahmad: We didn’t want this

| 30/05/2018 | 58 Comments
(CNS): The British government did not want to be in the position it finds itself regarding the recent vote in parliament which has resulted in the imposition of public beneficial ownership registers on the Cayman Islands and other overseas territories, according to Minister of State for the Commonwe [...]

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Opposition calls for UK media campaign

Opposition calls for UK media campaign

| 28/05/2018 | 70 Comments
(CNS): The opposition is urging the government to engage in a targeted media campaign in the UK to tell the Cayman Islands’ story and engage the people there in influencing their representatives. Chris Saunders, the opposition spokesperson, said government should begin a sustained public info [...]

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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 | 17 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 | 66 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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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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