Tag: Tara Rivers
Financial services gets budget boost
(CNS Business): Funding for the financial services sector has increased considerably in the 2018/19 budgets, the new minister for the sector, Tara Rivers, revealed in the Legislative Assembly Monday, as she stressed the need to protect the industry and underscored the importance of the sector to the local economy. Rivers revealed that while money would […]
Cayman Islands technocrats lobby on Capitol Hill
(CNS Business): Two officials from the Ministry of Financial Services were in Washington DC last month for face-to-face discussions with US politicians and officials on tax and financial services. Meetings were held with advisers and staff for several US senators and representatives who are at the heart of the current US tax reform debate, which […]
CIG hopeful of dodging EU’s latest blacklist
(CNS Business): Premier Alden McLaughlin and Financial Services Minister Tara Rivers lobbied EU officials last week in an effort to keep the Cayman Islands off the latest Brussels list of non-cooperative tax jurisdictions. During the visit to the European capital, the premier said, the delegation found that EU decision makers recognised Cayman’s commitment to tax […]
Premier heads to Europe for more talks
(CNS Business): As pressure continue to mount from Europe regarding offshore financial services, Premier Alden McLaughlin is heading another group travelling to London and Brussels this week for more talks regarding the sector. Accompanying him are his back-bench councillor Austin Harris, political adviser Roy Tatum, Financial Services Minister Tara Rivers, Chief Officer Dax Basdeo, and […]
New law boosts trade mark registrations
(CNS Business): Since the Trade Marks Law came into effect 1 August 2017, modernising legislation which originally dates from the 1970s, the Cayman Islands Intellectual Property Office (CIIPO) has received 50% of the total number of applications to register trade marks usually submitted in a year. As of 29 August, the office had received more […]
Cayman still has work to do to satisfy OECD
(CNS Business): Authorities in the Cayman Islands dealing with the offshore sector still have work to do to satisfy the OECD, according to the latest peer review results by the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes. Cayman was rated “largely compliant” as opposed to compliant because of three areas […]
Rivers begins job as advocate for offshore sector
(CNS Business): The new financial services minister began her work as a voice for Cayman’s offshore sector during the recent visit to the UK for the Brexit meetings with the overseas territories. Tara Rivers was also advocating for the financial services industry, which she now has responsibility for in the new coalition government.
Cayman committed to maritime improvements
(CNS Business): A message from the new financial services minister to delegates at a shipping conference in Cayman last week pointed to the committment of the Maritime Authority of the Cayman Islands (MACI) to make life at sea safe, minimise ship pollution and encourage optimal living and working conditions on board ships.
Beneficial owner access opens to UK
(CNS Business): Legislation came into effect this weekend that will allow UK law enforcement authorities to access details of the beneficial owners of all financial entities registered in the Cayman Islands. Officials said the new technology-based system enhancement to the beneficial ownership regime will allow those with legitimate rights or reasons to have access to do […]
NWDA on hunt for potential interns
(CNS): The National Workplace Development Agency is looking for people to join in its National Internship Programme. The NWDA said this initiative provides opportunities for unemployed young adults to get practical experience and develop their skills. Launched in 2014, the programme has had a number of successful partnerships with various companies in the community and […]
Chamber members impatient for labour reform
(CNS Business): Immigration and labour reform have been identified by Chamber of Commerce members as two of the main issues for the business community, which is becoming impatient for change, according to the new Chamber President Paul Pearson. He also noted the slow introduction of online payment systems within government and said people were spending “countless hours […]
Chamber fumes quietly over Rivers’ comments
(CNS Business): Stuck between a desire to rail against criticisms levelled at it by the employment minister and a wish to show its willingness to cooperate with government, the Chamber of Commerce responded with a short public statement Tuesday. “In order to keep the focus on moving forward, the Chamber will state only that it is concerned […]
Rivers urges tourism sector to give locals jobs
(CNS): The employment minister is urging employers in the tourism industry to offer real job opportunities for local people and remove any artificial barriers preventing them from being employed. Speaking at a recent networking drive organised by CITA and the NWDA, Tara Rivers also told would-be workers in the sector to embrace, promote and display great customer […]
Ministry wraps up pensions public meetings
(CNS Business): Community members gathered one last time on Thursday night at the George Town Town Hall to discuss the proposed changes the Ministry of Employment and the Department of Labour and Pensions have suggested in the National Pensions Law 2015. Minister of Employment Tara Rivers said the ministry set out to gain public input […]
HCCI encourages healthcare careers
(CNS Business): Health City officials are gearing up for round two of their summer student internship programme that teaches school students about the various healthcare professions available. After a successful first year, hospital officials said they have agreed to increase the number of students allowed in the programme up to 24 between June and August.
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