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Tag: CNS Business

Panton: Objecting lawyers wrong on bill

Panton: Objecting lawyers wrong on bill

| 07/12/2016
(CNS Business): The public criticisms made by four local attorneys regarding the Legal Practitioners Bill have been roundly refuted by the financial services minister. Wayne Panton has indicated that the four sole lawyers are wrong on all of the critical points they made about the proposed legislati [...]

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Input sought on beneficial ownership plan

Input sought on beneficial ownership plan

| 01/12/2016
(CNS Business): Government is hoping to steer through amendments to the Companies Law in January to allow the development of a centralised platform for beneficial ownership information and is seeking comment on the proposals. The financial services ministry has stated that it will not consider the i [...]

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Golden Spoons Review: Star Island

Golden Spoons Review: Star Island

| 21/11/2016
(CNS Foodie): Star Island on Cayman Brac is not a dinner venue. If you arrive for dinner you will likely find yourself at the only occupied table watching a series of customers collect take-away orders in an otherwise empty restaurant, which doesn’t make for the best ambience. Arrive at lunch time [...]

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Lawyers accuse CIG of secrecy over LPB

Lawyers accuse CIG of secrecy over LPB

| 15/11/2016
(CNS Business): Efforts by Financial Services Minister Wayne Panton to steer through legislation to govern the Cayman Islands legal profession ahead of the next Financial Action Task Force review and after 15 years of failed attempts by previous governments have been undermined by more complaints fr [...]

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Industry analysts find Flow fastest local provider

Industry analysts find Flow fastest local provider

| 24/10/2016
(CNS Business): Independent telecoms analyst Ookla, which operates speedtest.net, an online portal that measures internet speeds, has found that Flow has the fastest broadband and mobile services in the Cayman Islands, based on raw data records for the past six months. Regardless of ongoing complain [...]

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Lawyers’ law delayed as small firms ask for time

Lawyers’ law delayed as small firms ask for time

| 19/10/2016
(CNS Business): The financial services minister has postponed the debate on the still controversial Legal Practitioners bill until the next meeting of the Legislative Assembly because of a request by some small and sole practitioners who want more time to submit suggestions that specifically impact [...]

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Minister to make case for lawyers’ law tonight

Minister to make case for lawyers’ law tonight

| 12/10/2016
(CNS Business): Financial Services Minister Wayne Panton is hosting a public meeting Thursday night to argue that a bill to regulate the legal profession that he is hoping to steer through the Legislative Assembly protects Caymanian lawyers and addresses international compliance standards. Despite b [...]

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Work steps up on airport expansion

Work steps up on airport expansion

| 23/09/2016 | 27 Comments
(CNS Business): Officials at Owen Roberts International Airport’s (ORIA) are warning passengers that work is stepping up at the facility on the renovation and expansion project. This means that travellers will see construction at both ends of the existing terminal over the next few weeks that will [...]

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Minister presents revamped lawyers law

Minister presents revamped lawyers law

| 14/09/2016
(CNS Business): After almost fifteen years and half a dozen attempts to pass the legislation, Financial Services Minister Wayne Panton has come up with a legal practitioners bill that has the support of the legal profession in Cayman and provides for the development and protection of local attorneys [...]

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Golden Spoons Review: Tiki Beach

Golden Spoons Review: Tiki Beach

| 13/09/2016
(CNS Foodie): Oh, Tiki Beach … what happened to the once pristine, luxurious space? An enormous piece of prime real estate on 7 Mile Beach, we thought, why not go back and see what’s going on there on a beautiful day with no cruise ships in town. Well, if we had crickets on the beaches [… [...]

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CAL’s US$21M subsidy keeps airline flying

CAL’s US$21M subsidy keeps airline flying

| 08/09/2016
(CNS Business): The latest audit of the national flag carrier has reinforced the fact that while Cayman Airways Ltd is turning its financial losses around, it is still very heavily dependent on a government subsidy of around US$21 million per year and would not be a viable entity without it. But the [...]

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