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Tag: Statutory Authorities and Government Companies

Bill outlaws CIG board conflicts

Bill outlaws CIG board conflicts

| 11/01/2017 | 26 Comments
(CNS): The Public Authorities Bill, 2016, which is expected to go before legislators over the next few weeks when parliament meets for the last time before the General Election, will, if passed, outlaw conflicts of interest for board members. The new legislation will standardise statutory authoritie [...]

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‘Runaway’ SAGCs must be controlled

‘Runaway’ SAGCs must be controlled

| 02/03/2016 | 13 Comments
(CNS): The Cayman Islands Government is failing to control statutory authorities and government companies (SAGCs), which should be controlled through ownership agreements, but the budget documents that set out the annual deal between core government and the semi-autonomous entities are not being p [...]

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