Tag: Sanctions and Anti-Money Laundering Bill

UK interests ‘paramount’ in Cayman Constitution

UK interests ‘paramount’ in Cayman Constitution

| 12/12/2018 | 20 Comments
(CNS): The premier’s office has said that the constitutional talks between the Cayman Islands delegation and the UK, which concluded Monday, were “constructive and positive” and that the British government had committed to formally responding to the Cayman proposals in the coming w [...]

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Government and opposition present united front in UK

Government and opposition present united front in UK

| 05/12/2018 | 12 Comments
(CNS): Following the Overseas Territories Joint Ministerial Council meetings in London this week, which closed on Wednesday night, the Cayman delegation will remain in the UK to engage the British government in talks about the Cayman Islands Constitution. The government team will be joined by member [...]

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Governor hopes BO register will be global standard

Governor hopes BO register will be global standard

| 05/11/2018 | 34 Comments
(CNS): Governor Martyn Roper has said he hopes the Cayman Islands will not be going it alone when it introduces a public register identifying the beneficial owners of companies and other financial entities, as the UK will be promoting this as a global standard. There are international efforts now af [...]

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Governor Roper hopes to stay for full term

Governor Roper hopes to stay for full term

| 30/10/2018 | 18 Comments
(CNS): Cayman Islands Governor Martyn Roper has said that he will be serving as Britain’s representative here for between six to nine months but hopes he will be staying much longer. Addressing the Legislative Assembly after he was sworn into office on Monday, he acknowledged that his arrival [...]

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FCO: Current balance of power is right

FCO: Current balance of power is right

| 17/10/2018 | 45 Comments
(CNS): The FCO stated in submissions to the House of Commons Foreign Affairs Select Committee that it believes the current balance of power between Britain and its territories is broadly the right one. The document, submitted ahead of this week’s hearings by the committee reviewing the relati [...]

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Bush grilled about UK-Cayman relationship

Bush grilled about UK-Cayman relationship

| 16/10/2018 | 36 Comments
(CNS): Eric Bush was asked if the Cayman Islands was on a collision course with the British government over the issue of beneficial ownership when he faced questions from UK members of parliament on Tuesday, when he appeared before the House of Commons Foreign Affairs Select Committee. The committee [...]

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EU issue remains ‘fluid’ as deadline approaches

EU issue remains ‘fluid’ as deadline approaches

| 04/10/2018 | 8 Comments
(CNS): Financial Services Minister Tara Rivers described the situation between the Cayman Islands and the European Union over the looming threat of blacklisting at the end of this year as “fluid” following meetings in Brussels last month. The Cayman Islands avoided the latest offshore fi [...]

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UK-Cayman row over cooperation intensifies

UK-Cayman row over cooperation intensifies

| 18/09/2018 | 79 Comments
(CNS): The row between the Cayman Islands Government and the UK intensified on Monday, as Foreign and Commonwealth Office officials stood by the National Crime Agency’s complaints, while Premier Alden McLaughlin continued to deny that Cayman was the cause of the disagreement over what the UK s [...]

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CIG denies uncooperative claims by UK crime agency

CIG denies uncooperative claims by UK crime agency

| 15/09/2018 | 85 Comments
(CNS): The premier’s office has denied allegations made by Donald Toon, Director Prosperity (Economic Crime and Cyber Crime) of the UK’s National Crime Agency, that the Cayman Islands Government has not been cooperative with the NCA’s investigations. In a BBC report on Saturday, [...]

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Visiting MPs support constitutional change

Visiting MPs support constitutional change

| 06/08/2018 | 37 Comments
(CNS): The four members of the UK parliament who visited the Cayman Islands this weekend have offered their support for constitutional change regarding how all of the British Overseas Territories are managed. They described the governance as “a bit of a muddle” and emphasised the need fo [...]

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UK MPs double down on demand for public registers

UK MPs double down on demand for public registers

| 14/06/2018 | 123 Comments
(CNS): The leaders of the British Overseas Territories impacted by the UK parliament’s vote in April to impose public ownership registers are currently in London, battling to reverse the decision and, in Cayman’s case, attempting to change the constitution. However, the British MPs behin [...]

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Cayman News Service