Archive for July, 2014
Appleby donates to 10 local charities
(CNS Business): Leading offshore firm, Appleby, announced today the success of its inaugural charity day, handing out cheques to a large number of well-known local charities. Following a week’s advertising campaign, local charities seeking sponsorship were invited to present to the firm’s charity committee made up of a cross-sector of staff, including partners. 24 applications […]
New OECD standards criticized
(CNS Business): An organisation that campaigns for transparency in the international financial system has criticised the Organization for Economic Cooperation and Development’s released detailed guidelines, released Monday, on the common reporting standard for automatic exchange of financial information. The Financial Transparency Coalition (FTC) said the OECD plan “inches closer to implementation of a global standard but continues […]
Technology improvements at NWDA
(CNS Business): There have been significant improvements to the technology to support the system at the National Workforce Development Agency (NWDA) regarding both the website as well as the various database interfaces, according to Employment Minister Tara Rivers, who said that improvements would continue over the coming year. Building on the shared interface with immigration, […]
Overseas territories jittery over register
(CNS Business): Cayman is not the only British overseas territory that has concerns about the UK government’s push for open access across all the territories regarding the beneficial owners of the companies, trusts, funds and other financial institutions that are registered offshore. UK Prime Minister David Cameron is planning an open register for Britain wants […]
Diving computers changed the industry
(CNS): The introduction of diving computers to the industry brought safety challenges for working divemasters, says Cornell Burke, who worked in the dive industry on Cayman Brac for 24 years as dive manager of Brac Aquatics, starting in the early 1980’s. He said that while it enabled divers to stay longer, sometimes they would turn […]
Government seeking holistic approach to job seekers
(CNS Business): The National Workforce Development Agency is looking to partner with other agencies for those clients looking for work who have needs above and beyond what the NWDA can offer, according to the Employment Minister Tara Rivers. For example, they will be working with the Department of Children and Family Services for those clients […]
CUC leads electricity safety seminar
(CNS Business): Over 100 contractors from around Grand Cayman attended a health and safety seminar recently and were reminded that “doing any job safely is an integral component of doing it well.†The contractors took part in the first annual Caribbean Utilities Company’s Contractor/Subcontractor Health, Safety and Environment Workshop, which was held at the Grand […]
Walkers celebrates 50 years with alumni gathering
(CNS Business): Deputy Governor Franz Manderson and Financial Services Minister Wayne Panton, both former Articled Clerks at Walkers, were among the guests at the firm’s 50th Anniversary celebrations, which it celebrated by hosting a special Alumni Evening for the many articled clerks who have undergone legal training with them over the years. A large number […]
National Internship Programme launched
(CNS Business): The target group for the National Workforce Development Agency’s new National Internship Programme is college students studying locally or abroad, according to Employment Minister Tara Rivers. However, she said it is also open to others who may want to “try before they buy†regarding their career path.  Chaquira Hodgson is the first intern […]
Commentary: FATCA and the rush to register
The plethora of recent regulation means that clients are now well versed in deploying technology to address compliance concerns. Unfortunately, many opted to pursue point solutions for each regulatory thread and are now looking at integration projects to bring it all together, writes Chris Eaton, Executive Vice President, Blue Bison Software.
CICC offers free workshop for start-ups
(CNS Business): Local small business owners and would-be entrepreneurs are invited to a free workshop next week at the Chamber of Commerce. The two-day course will be led by Anne Knowles, the Senior Specialist, Employers’ Activities at the International Labour Organisation (ILO), and Kelvin Sergeant, a Specialist for Sustainable Enterprise Development and Job Creation at […]
Chamber to hosts minimum wage seminar
(CNSBusiness): A specialist in labour practices is visiting the Cayman Islands next week and will be hosting a presentation at the Chamber of Commerce on a minimum wage. Anne Knowles, the Senior Specialist, Employers’ Activities, Caribbean Office, International Labour Organisation has extensive experience and knowledge in labour matters throughout the region and globally. The Progressive […]
US federal contracts denied to firms in ‘tax havens’
(CNS Business): The Cayman Islands and Bermuda were targeted by  the US House of Representatives Congress last week when it voted to prevent companies that moved to the two jurisdictions from the US from winning certain energy and water federal contracts. Other low-tax counties, such as Ireland and Switzerland, were not included in the amendment […]
‘Vast improvements’ at NWDA
(CNS): Generally the feedback about the changes that have happened at the National Workforce Development Agency have been positive, according to Employment Minister Tara Rivers, who said that a number of clients have noticed the vast improvements from where the agency was a year ago. This includes a new upfront assessment system to identify people […]
New airport would change tourism on Little Cayman
(CNS Business): The PPM government has announced its intention to develop an entirely new airport on Little Cayman, but Neil van Niekerk, Manager of the Southern Cross Club says this would completely change the tourism product the island offers. It is probably the single most photographed thing on the island,†he said. Plans to build a […]
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