Tag: Steve McIntosh
DoT signs $26M deal with US advertising agency
(CNS): The Cayman Islands Department of Tourism (CIDOT) has signed a more than $26.2 million contract with Harmelin Media to take care of its US media planning and buying services for the next five years. According to a release from the CIDOT, the Philadelphia-based agency will be responsible for providing “overall strategic guidance, data-driven insight […]
Finance leader laments lack of investment in sector
(CNS): Around 58% of people who took part in a local survey in 2023 said that they had a negative or neutral view of the financial services sector. Yet the industry employs thousands of Caymanians in well-paying jobs and contributes half of all government revenue. Cayman Finance CEO Steve McIntosh recently said that even though […]
Cayman registers 30k funds for the first time
(CNS): Officials have claimed that the Cayman Islands continues to cement its place as a global leader in investment funds after the jurisdiction topped a record-breaking 30,000 funds. The Cayman Islands Monetary Authority (CIMA) said that as of 4 September, the total number of registered investment funds in Cayman was 30,038 (17,080 private funds and […]
Financial crime talking shop emerges from JMC
(CNS): Later this year, the British Virgin Islands will host the inaugural annual meeting between the United Kingdom and its overseas territories to discuss tackling illicit finance. This new “ministerial-level annual dialogue” emerged from this year’s UKOT Joint Ministerial Council meeting, held in London last week, and aims to defend financial systems against illicit actors, […]
Reinsurance sector ‘thriving’ in Cayman, expert says
(CNS): The reinsurance sector in Cayman is thriving, according to Graham Mackay, the chairman of the Cayman International Reinsurance Companies Association. Mackay was one of a number of local delegates who took part last week in the annual New York breakfast briefing, the first after a three-year hiatus due to the pandemic, hosted by representatives […]
