Archive for February 9th, 2015
Business fined for health insurance offences
(CNS Business): A construction company owner fined by the courts for health insurance infractions did not have the option of avoiding appearing in the dock and paying an administrative fine, as allowed under amendments to the Health Insurance Law, because his offences occurred before the changes to the law were implemented.
IMAC says steady growth in Cayman Captives
(CNS Business): The Cayman Islands remains the leading jurisdiction for healthcare captives, being home to 34 per cent of the captives in this classification, the Insurance Managers Association Cayman (IMAC) has stated, also noting that 22 new captives were formed in this jurisdiction over the course of 2014.Â
Binge watching comes to Cuba
(CNS Business): Following a softening of relations between the US and Cuba at the end of last year, California-based Netflix, the leading Internet film and TV subscription service, has begun offering its low-cost streaming service to people in Cuba with Internet connections and access to international payment methods, the company announced today.
Labour will demand public register for UK’s territories
(CNS): If the Labour party wins the UK general election in May, the Cayman Islands and other British overseas territories will be required to introduce publicly accessible beneficial ownership registries or face blacklisting. Ed Miliband has reportedly written to all of the UK’s overseas territories to warn them what he will expect should he be […]
Brac sports field to boost island’s tourism
(CNS): The investment into upgrading the sports facilities on Cayman Brac as part of a phased development plan will encourage sports tourism to the island, according to Tourism Minister Moses Kirkconnell, who says the recent upgrades to the island’s airport, which makes outward bound international flights from the Brac possible, pave the way for the island to host smaller tournaments.
Recent comments