Tag: Tara Rivers
Rivers hedges on support for Eden’s motion
(CNS): Following a backlash from her constituents and the community, Minister Tara Rivers has used social media to claim that her support for a private member’s motion brought by Anthony Eden calling for government to reaffirm the right to freedom of expression to protect pastors from allegations of hate speech was confined to the motion’s […]
Minister steers through bundle of offshore laws
(CNS): As the Cayman authorities rush to meet the recommendations in last year’s damning CFATF review to plug gaps, address shortcomings and deal with vulnerabilities in the local protections against financial crime, Minister Tara Rivers steered through another bundles of laws last week. This latest batch of legislation focused on modernising the beneficial ownership regime […]
14 shocks follow 7.7 quake
(CNS): At least 14 after shocks were recorded in the wake of Tuesday’s 7.7 magnitude earthquake, which rocked Cayman, Cuba and Jamaica, and there could still be more to come, officials from Hazard Management Cayman Islands (HMCI) have stated. Government leaders commended all of the first responders as well as HMCI after the quake for […]
More laws coming to tighten offshore regime
(CNS): Financial Services Minister Tara Rivers is presenting another bundle of draft legislation to her colleagues in the Legislative Assembly to debate when it meets at the end of this month to help the jurisdiction meet the findings of last year’s FATF review. The draft bills deal with changes to the oversight of open-ended and […]
AT&T agrees to stop TV ad shaming Cayman
(CNS): Financial Services Minister Tara Rivers has scored her first win in the campaign she announced late last year to go after Hollywood for misusing and abusing the image of the Cayman Islands in books films, TV shows, videos and commercials. As part of the AT&T’s phone service campaign, ‘Just OK is not OK’, one […]
NENS rollout to continue in New Year
(CNS): Government has invested heavily over the last year in improving how it communicates national emergencies, with Phase 2 of the new National Emergency Notification System (NENS) expected to be finished by the middle of next year. This includes broadening the number of channels available to disseminate emergency messages in order to reach the maximum […]
Tara to take fight to Hollywood
(CNS): The financial services minister and her team will be turning their attention to one of the most persistent sectors peddling what she said was misinformation about Cayman by engaging the US film industry. Taking the fight to Hollywood, Tara Rivers said she planned on meeting movie makers, script writers and others in the business […]
Minister talks regulation with offshore sector
(CNS): Financial Services Minister Tara Rivers told hundreds of representatives from the offshore sector recently that government was doing all it could to deal with the new demands in financial standards. Providing a review of efforts to keep pace with new standards in tax transparency, anti-money laundering and counter-terrorism financing, and prudential regulation, she told […]
New alert system poised to go live
(CNS): Government is still working on phase 1 of a new radio alert system that will interrupt public radio transmissions in the event of a sudden disaster. Having learned lessons about the failure to communicate with the public en masse in the face of the Sol fire at Jackson Point in 2017 and the tsunami […]
Cayman hosts IP training with US crime fighters
(CNS): The Cayman Islands Intellectual Property Office partnered with the United States government’s law enforcement agencies to host regional training here last week. Officials said the strength of Cayman’s intellectual property regime encouraged the US to stage the training here. IP falls under the financial services ministry, which worked with America’s Homeland Security Investigations division […]
OECD says Cayman tax regime not harmful
(CNS): As Financial Services Minister Tara Rivers prepared to steer another dozen pieces of legislation relating to the offshore sector through the Legislative Assembly today (Wednesday), a new assessment by the Organisation for Economic Co-operation and Development (OECD) found that this jurisdiction and 11 others with low or no tax regimes are not harmful to […]
