Tag: beneficial ownership

Bush grilled about UK-Cayman relationship

Bush grilled about UK-Cayman relationship

| 16/10/2018 | 36 Comments
(CNS): Eric Bush was asked if the Cayman Islands was on a collision course with the British government over the issue of beneficial ownership when he faced questions from UK members of parliament on Tuesday, when he appeared before the House of Commons Foreign Affairs Select Committee. The committee [...]

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UK and local agencies agree on info exchange

UK and local agencies agree on info exchange

| 08/10/2018 | 11 Comments
(CNS): British and Cayman Islands crime fighting agencies appear to have resolved their differences over the exchange of information on beneficial ownership information in criminal probes following recent complaints from the National Crime Agency (NCA) that the Cayman authorities were being uncooper [...]

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EU issue remains ‘fluid’ as deadline approaches

EU issue remains ‘fluid’ as deadline approaches

| 04/10/2018 | 8 Comments
(CNS): Financial Services Minister Tara Rivers described the situation between the Cayman Islands and the European Union over the looming threat of blacklisting at the end of this year as “fluid” following meetings in Brussels last month. The Cayman Islands avoided the latest offshore fi [...]

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UK-Cayman row over cooperation intensifies

UK-Cayman row over cooperation intensifies

| 18/09/2018 | 79 Comments
(CNS): The row between the Cayman Islands Government and the UK intensified on Monday, as Foreign and Commonwealth Office officials stood by the National Crime Agency’s complaints, while Premier Alden McLaughlin continued to deny that Cayman was the cause of the disagreement over what the UK s [...]

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Rivers heads to Brussels to keep Cayman off blacklist

Rivers heads to Brussels to keep Cayman off blacklist

| 18/09/2018 | 18 Comments
(CNS): Financial Services Minister Tara Rivers is in Brussels this week with the aim of keeping the Cayman Islands from being blacklisted by the European Union at the end of this year over concerns about unfair tax practices. The Cayman government has been engaging with the financial services secto [...]

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CIG denies uncooperative claims by UK crime agency

CIG denies uncooperative claims by UK crime agency

| 15/09/2018 | 85 Comments
(CNS): The premier’s office has denied allegations made by Donald Toon, Director Prosperity (Economic Crime and Cyber Crime) of the UK’s National Crime Agency, that the Cayman Islands Government has not been cooperative with the NCA’s investigations. In a BBC report on Saturday, [...]

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CARICOM backs BOTs in constitutional fight with UK

CARICOM backs BOTs in constitutional fight with UK

| 09/07/2018 | 17 Comments
(CNS): UPDATED with comment from Premier: Caribbean leaders have expressed their solidarity with the British Overseas Territories in the region that are being adversely affected by the unilateral action of the UK to legislate domestic policy constitutionally devolved to them without the consent an [...]

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Premier seeks CARICOM help with UK dispute

Premier seeks CARICOM help with UK dispute

| 02/07/2018 | 19 Comments
(CNS): The Cayman Islands premier is turning to regional organisation CARICOM for help in its fight with the United Kingdom over what he has termed as the “constitutional overreach” by the British government after it passed legislation imposing public beneficial ownership registers on th [...]

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Cayman waiting on timeline for constitutional talks

Cayman waiting on timeline for constitutional talks

| 28/06/2018 | 55 Comments
(CNS): Premier Alden McLaughlin told his colleagues in the Cayman Islands Legislative Assembly on Thursday that he has already requested a time frame from the British government for when constitutional talks can begin and said he had been assured that the dates would be settled soon. The decision to [...]

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UK MPs double down on demand for public registers

UK MPs double down on demand for public registers

| 14/06/2018 | 123 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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Cayman News Service