Tag: Gene DaCosta
Ebanks tackles beneficial ownership during trip to Asia
(CNS): Financial Services Minister André Ebanks led a Cayman Islands delegation to Singapore last month to open the Cayman Islands Government’s new Asia Office. While there, he held a series of meetings, including with the European Commission and Financial Action Task Force for talks on beneficial ownership.
Minister promotes Cayman Islands business in Asia
(CNS): Financial Services Minister André Ebanks is on the road again, this time promoting the financial service sector in Asia. Ebanks, whose portfolio includes commerce and social development, has been focusing heavily on his financial services sector responsibilities recently, which has taken him away from the jurisdiction a number of times so far this year. […]
PACT presses ahead with Asia office
(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.
Minister in Europe to tackle grey list issue
(CNS): Minister André Ebanks departed for Europe this weekend, heading a local delegation in the battle to finally get the Cayman Islands removed from the FATF grey list at a meeting in Paris next week. If he succeeds, this jurisdiction will likely also be removed from the European Union AML List in October.
Minister meets with SVB clients in Hong Kong
(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 […]
Minister tackles misperception of Cayman in UK & EU
(CNS): Financial Services and Commerce Minister André Ebanks headed a delegation to London and Brussels recently spreading the message about Cayman’s role in anti-money laundering, Russia sanctions, international tax cooperation, sustainable finance, transparency and good governance. Despite continued efforts over the years around the world, the image of Cayman as a tax haven has been […]
