Tag: fintech
Ministry to experiment with fintech regulation
(CNS): The financial services minister has revealed plans by government to experiment with regulation and compliance for the growing fintech sector, in what she described as “an adaptable, technology-neutral, regulatory sandbox-type framework” that will allow CIMA and stakeholders to work out the best solution to safely oversee this area of offshore business. Tara Rivers said new […]
Digital IDs can resolve Caymanian status question
(CNS): The solution to the growing problem of Caymanians needing to prove their status is most likely to be found through the use of digital technology, Premier Alden McLaughlin told an industry conference in Cayman on Thursday. Speaking at the Cayman Islands Digital Economy Conference (CYDEC), held at the Kimpton Seafire, McLaughlin said the ability […]
Cayman’s offshore rivals target crypto market
(CNS): As the global cryptocurrency sector heats up, job creating international investment is seeking out suitable jurisdictions and Cayman Islands’ offshore rivals are looking to steal a march on this growth by introducing crypto-friendly laws and legislation, with Bermuda in pole position. Bermuda’s government said recently that it wants to become one of the first […]
Rivers debates Cayman’s role in Fintech Futures
(CNS): As the GREAT Festival of Innovation in Hong Kong officially opened Wednesday, Financial Services Minister Tara Rivers took part in a panel discussion on ‘Fintech Futures’ and discussed Cayman’s role in the changing technology, which she said was disrupting the financial services industry. Rivers is part of the significant Cayman Islands delegation at the UK […]
