Tag: Sanctions and Anti-Money Laundering Bill
FCO: Current balance of power is right
(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 relationship with the UK and the British Overseas Territories, makes […]
Bush grilled about UK-Cayman relationship
(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 is reviewing Britain’s relationship with all […]
EU issue remains ‘fluid’ as deadline approaches
(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 finance list in 2017 regarding the tax regime here but was […]
UK-Cayman row over cooperation intensifies
(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 says is the declining co-operation compared to other territories.
CIG denies uncooperative claims by UK crime agency
(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, Toon said NCA inquiries had led them to offshore firms registered in Cayman but […]
Visiting MPs support constitutional change
(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 for equality across the “British family”. All of the […]
UK MPs double down on demand for public registers
(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 behind the move doubled down this week. Andrew Mitchell, the Conservative MP who […]
CIG officials make ‘great progress’ on constitution
(CNS): Cayman Islands London representative Eric Bush, who has been coordinating meetings in the UK for the premier’s delegation this week, said that “great progress” is being made in efforts to improve the constitutional relationship between Britain and the Cayman Islands. Premier Alden McLaughlin and other government officials met with lawyers Sir Jeffrey Jowell QC […]
Bermuda court rules same-sex marriage ban unconstitutional
(CNS): Bermuda’s Supreme Court has ruled that elements of the recent ban on same-sex marriage is unconstitutional. The recently enacted Domestic Partnership Act barred same-sex couples from marrying, despite the findings of the court in a decision in May last year where they upheld the right of a Bermudian man and his Canadian partner who had […]
Miller seeks speedy constitutional change
(CNS): The opposition leader is hoping to see a speedy advancement of plans to change section 125, the last and shortest clause in the Constitution that allows the UK government to impose domestic law on the Cayman Islands. Given the Conservative Party’s precarious hold on power, given its slim majority, and another potential threat from […]
Elder MLAs to shape constitution proposal
(CNS): A ‘Council of Elders’ comprising members of the Legislative Assembly that have served at least two full terms will be established shortly to hammer out a proposal to amend the Cayman Islands Constitution, Premier Alden McLaughlin has said. The government, supported by the opposition, decided to seek discussion with the UK to amend the […]
