Tag: Jude Scott
Bryan ‘disappointed’ as CAL chairman left too soon
(CNS): Tourism Minister Kenneth Bryan has said he was disappointed that Jude Scott, who recently resigned as chairman of Cayman Airways, “abandoned ship when he did” because he had “jumped the gun a little” since the concerns he raised in his resignation letter have largely already been addressed. Bryan said that Cabinet has approved the […]
Minister accused of ‘dodging’ CAL chairman
(CNS): In his resignation letter from the position of board chairman of Cayman Airways, Jude Scott accused Tourism Minister Kenneth Bryan of avoiding him, instructing other directors without his knowledge and ignoring a number of critical and pressing issues relating to the future of the flag carrier while pursuing other policies that could be devastating […]
Scott resigns from CAL amid alleged policy concerns
(CNS): Jude Scott, who was appointed as chairman of the Cayman Airways Board of Directors less than a year ago, has resigned from the job due to a conflict with the Ministry of Tourism and Transport, CNS has been told by sources involved in the matter. The ministry confirmed Scott’s resignation on Wednesday but gave […]
Moxam to chair airport board as border reopens
(CNS): Johann Moxam has been appointed as chair of the Cayman Islands Airports Authority (CIAA) Board. One of several appointments recently gazetted by the tourism ministry, he will be taking control of this authority ahead of a controversial period as the airports get ready to reopen to commercial traffic and increased visitors in the face […]
Cayman faces new EU blacklisting
(CNS): The European Parliament is planning a new blacklist of tax havens and the Cayman Islands appears to be at the heart of the move. While local political leaders here have made much of the efforts last year to get this jurisdiction removed from the existing blacklist, MEPs believe the removal of Cayman from it […]
Cayman Finance says sector keeping economy going
(CNS): Officials from Cayman Finance are reminding the community of the offshore sector’s importance to the country during the current COVID-19 health crisis. This comes after Premier Alden McLaughlin recently implied that the financial sector had been less than cooperative over efforts to shut down offices here and implement a ‘stay in place’ order rather […]
UK rep takes ‘Cayman’ to Labour Party Conference
(CNS): André Ebanks, the Cayman Islands London representative, and Cayman Finance CEO Jude Scott attended the Labour Party Conference in Brighton this week to promote the idea of tax neutrality among a rather hostile group, while their ministry and private sector colleagues were rubbing shoulders with royalty and wealth in Monaco. As the first time […]
Industry rejects Dutch blacklist over low tax rate
(CNS): The decision by the Dutch government to publish its own subjective “blacklist”, which included the Cayman Islands because tax rates are lower than in the Netherlands, is unusual and ignores the facts, especially as Cayman has had a tax information exchange agreement (TIEA) in place with the Netherlands since 2009, according to the financial services industry […]
Cayman Finance courts Chinese investors
(CNS): Cayman Finance CEO Jude Scott was a featured speaker at events in September in three major Asian cities, organised by the local offshore firm Maples. Scott spoke to business leaders and investors in Shanghai, Beijing and Hong Kong about how the Cayman Islands operates as a “neutral and efficient hub, connecting capital and financing around the world”, according […]
Cayman Finance remains calm, Chamber outraged
(CNS): Jude Scott, the CEO of Cayman Finance, has responded relatively calmly to the vote in the UK parliament yesterday, which will see the British government impose a public beneficial owners register on the Cayman Islands, as he pointed to the two-year process, during which time the dialogue with the UK would continue. Meanwhile, Chamber […]
Cayman jumps up ranks in financial centre index
(CNS): The Cayman Islands has jumped up eleven places in this year’s first edition of The Global Financial Centres Index. The biannual report rates and then ranks over 100 cities and jurisdictions that offer financial services, and Cayman is now the highest ranked centre in the Caribbean, with a rating of over 700 points, leapfrogging Bermuda, which was […]
