Tag: Cayman Islands Company Managers Association
Cayman Finance floats option to contentious bills
(CNS): Cayman Finance has proposed an alternative approach to the amendments government plans to make to several laws in order to address compliance issues regarding transparency of accounting records for offshore service providers. The list of bills stirred up controversy with stakeholders when they were circulated to industry players, raising alarm that they posed a […]
Industry rejects need for latest financial bills
(CNS): Comments sent to the Ministry of Financial Services by the Cayman Islands Company Managers Association indicate that a batch of bills being circulated to provide more accounting oversight are completely unnecessary and will lead to a loss of business. The industry body noted that changes to several financial sector laws are being proposed because […]