Tag: Cayman Islands overseas offices

PACT presses ahead with Asia office

PACT presses ahead with Asia office

| 14/09/2023 | 41 Comments

(CNS): The establishment of a Cayman Islands Government office in Singapore has been approved by Cabinet. The office, which will be headed by Gene DaCosta as the CIG’s overseas representative to Asia, is expected to be open for business well before the end of the year after the administrative details have been completed.

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Minister meets with SVB clients in Hong Kong

Minister meets with SVB clients in Hong Kong

| 25/05/2023 | 43 Comments

(CNS): The Cayman Islands Monetary Authority (CIMA) is exploring legal options after the US Federal Deposit Insurance Corp (FDIC) seized deposits held at the Cayman branch of Silicon Valley Bank, The Wall Street Journal has reported. Financial Services Minister André Ebanks met with some of SVB’s depositors in Hong Kong recently and told them that […]

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Minister urged DG to deal with ‘troubling’ report

Minister urged DG to deal with ‘troubling’ report

| 02/11/2022 | 106 Comments

(CNS): CNS has received several records in response to a freedom of information request relating to commitments made shortly before the 2021 General Election by the former premier’s ministry to open overseas offices and attend the Dubai World Expo. One record shows how the new PACT minister, André Ebanks, was “troubled” by a report by […]

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ACC probe underway into NHDT topsoil scandal

ACC probe underway into NHDT topsoil scandal

| 09/06/2022 | 76 Comments

(CNS): Deputy Governor Franz Manderson told Opposition Leader Roy McTaggart that he could not give him any information about the allegations that topsoil and fill taken from the National Housing Development Trust site in North Side were misappropriated because the issue was under investigation by the Anti-Corruption Commission. In Parliament on Thursday, Manderson also revealed […]

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OAG stands by report on Dubai and o’seas office failings

OAG stands by report on Dubai and o’seas office failings

| 04/05/2022 | 111 Comments

(CNS): Deputy Governor Franz Manderson has found no breach of the Public Management and Finance Act (PMFA) following an investigation into a report by the Office of the Auditor General (OAG). But Sue Winspear told CNS she stands by the special audit she was asked to conduct on how the former administration and civil servants […]

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PACT changes policy on overseas offices

PACT changes policy on overseas offices

| 20/07/2021 | 90 Comments

(CNS): Financial Services Minister Andre Ebanks has announced a policy review of the previous government’s plans to open overseas offices, and said that a team of new staff employed around the time of the elections by the now disbanded Ministry of International Trade, Investment, Aviation and Maritime Affairs will need to be retrained for different […]

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