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Golden Spoons Review: Da Fish Shack

Golden Spoons Review: Da Fish Shack

| 22/08/2016 | 11 Comments

(CNS Foodie): Any restaurant that includes “fish” in its name better serve good seafood, and Da Fish Shack did not disappoint. We sat at the outdoor patio (there are only seats at the bar inside) for dinner and were lucky enough to enjoy a relatively pleasant summer evening, once the mosquitos disappeared. Golden Spoons Review: […]

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Liquidators on trail of fugitive for missing $4M

Liquidators on trail of fugitive for missing $4M

| 16/08/2016 | 8 Comments

(CNS Business): Joint liquidators trying to untangle the affairs of Ryan Bateman and the group of Cayman-registered companies he once owned and managed have filed another winding up petition and are on the fugitive’s trail for some $4 million of investors cash and assets that has gone astray from Bateman & Company. The Canadian national absconded […]

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DCI prepares to call time on booze licencees

DCI prepares to call time on booze licencees

| 16/08/2016 | 0 Comments

(CNS Business): The Department of Commerce and Investment (DCI) is urging liquor licence holders to submit their applications ahead of Friday’s deadline, otherwise they will have to apply again from scratch. Officials are concerned that, based on the number of applications they have received so far, most licencees are leaving things until the last minute […]

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Airport retail space up for grabs

Airport retail space up for grabs

| 16/08/2016 | 9 Comments

(CNS Business): As the Cayman Islands Airports Authority (CIAA) continues work on the redevelopment of Owen Roberts International Airport (ORIA), it is about to begin an open tender for all the retail spaces at the new facility, which is set to open in 2018. A total of seventeen potentially lucrative spaces will be up for […]

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Tech zone makes deal for conference series

Tech zone makes deal for conference series

| 16/08/2016 | 1 Comment

(CNS Business): Cayman Enterprise City (CEC) has announced a five-year deal with the Internet Marketing Association to host annual Impact Cayman conferences on the islands over the next five years, and is expected to attract overseas delegates and boost visitor numbers. The first conference was held in April after Premier Alden McLaughlin attended the IMA’s […]

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Ex CIMA compliance boss moves to FRA

Ex CIMA compliance boss moves to FRA

| 16/08/2016 | 2 Comments

(CNS Business): Robert James Berry, the former head of compliance at the Cayman Islands Monetary Authority, has been appointed as the director of the Financial Reporting Authority (FRA). Berry, an anti-money laundering expert who worked in private banking before he joined CIMA, has move to the government unit responsible for investigating suspicious activity in the […]

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Golden Spoons Review: Blue Cilantro

Golden Spoons Review: Blue Cilantro

| 08/08/2016 | 14 Comments

(CNS Foodie): This was my first time visiting Blue Cilantro; to be honest, the off-putting LED lighting throughout the dining room always kept me away. Thankfully, we were seated on the patio, which overlooks West Bay Road and has soft lighting and air conditioning. The only thing I would imagine to be a distraction would […]

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CIG ready to assist Canada’s tax evasion probe

CIG ready to assist Canada’s tax evasion probe

| 05/08/2016 | 8 Comments

(CNS Business): As Cayman National finds itself embroiled in another international tax evasion investigation, this time regarding the actions of clients of two Canadian banks, the Cayman government says it is ready and willing to assist Canada in uncovering where its citizens may have used offshore accounts to avoid tax obligations at home. Likes(0)Dislikes(0)

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CUC earnings boosted by hot weather

CUC earnings boosted by hot weather

| 02/08/2016 | 3 Comments

(CNS Business): Sales were up by 7% for CUC during the second quarter of 2016, the firm has reported. While this was partly due to a slight increase in customer numbers, the main factor was the warmer weather, as the average temperature for the period was up by almost a full degree and people turned […]

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Deputy takes over as compliance boss at CIMA

Deputy takes over as compliance boss at CIMA

| 02/08/2016 | 4 Comments

(CNS Business): After ten years as deputy, Audrey Roe has been promoted to head of the Compliance Division at the Cayman Islands Monetary Authority. Now leading one of CIMA’s most important divisions, she has also assumed the role of money laundering reporting officer for the authority. With some thirty years financial sector experience, Roe will be […]

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NWDA on hunt for potential interns

NWDA on hunt for potential interns

| 29/07/2016 | 0 Comments

(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 […]

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Travers takes aim at ‘delusional thinking’ on offshore finance

Travers takes aim at ‘delusional thinking’ on offshore finance

| 28/07/2016 | 19 Comments

(CNS Business): Anthony Travers, a former Chairman of the Board of Cayman Finance, took aim at critics of low-tax jurisdictions as he joined documentary film maker, Jaques Perretti, on a panel at the IBC Transcontinental Trust Forum in Geneva last month looking at the media portrayal of the offshore industry. Dismissing those critics as “delusional”, Travers […]

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UK PM signals tax haven clampdown

UK PM signals tax haven clampdown

| 28/07/2016 | 10 Comments

(CNS Business): Just as the Cayman Islands government was feeling confident that its relationship with the British government was better than ever and the UK was beginning to understand and accept the role of the offshore financial sector, the new prime minister, Theresa May, is believed to have ordered a clampdown on the use of […]

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DCI to send T&B licences via email

DCI to send T&B licences via email

| 28/07/2016 | 0 Comments

(CNS): The Department of Commerce and Investment (DCI) said that is has begun issuing business licences electronically to improve the licensing process. Against the backdrop of growing complaints that the new regime, which has more checks and balances in the system, has become extremely bureaucratic, officials said this week that there were more improvements in the pipeline. Commerce […]

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DMS expands Dublin operations

DMS expands Dublin operations

| 28/07/2016 | 0 Comments

(CNS Business): After humble begins with just one staff member, local businessman Don Seymour has expanded his firm’s Irish operations and is planning to hire 50 new staff, doubling the workforce at DMS in Dublin. As well as the Cayman HQ DMS also has offices in New York, São Paulo, London, Luxembourg and Hong Kong […]

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