Archive for August, 2014

Architects to be registered under proposed legislation

Architects to be registered under proposed legislation

| 29/08/2014 | 1 Comment
(CNS Business): Proposal legislation would require architects and engineers in the Cayman Islands to be registered, and they would also then be required, for the first time in this jurisdiction, to have professional indemnity insurance. Currently this is not mandatory as it is in other places, such [...]

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CEC: Campus ‘soon come’

CEC: Campus ‘soon come’

| 29/08/2014 | 1 Comment
(CNS Business): The development of the Cayman Enterprise City campus will be underway before the end of 2014, the management team told CNS Business Wednesday. Despite the numerous false starts for the project to find the right location at the right price, Charlie Kirkconnell, the CEO of the special [...]

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Cayman residents may have millions in unclaimed assets

Cayman residents may have millions in unclaimed assets

| 28/08/2014 | 0 Comments
(CNS Business): Millions of dollars in unclaimed property belonging to people residing in the Cayman Islands is currently being held by hundreds of federal, state, provincial or municipal governments in the US, UK, Canada, Australia and New Zealand, according to KRyS Global, a Cayman Islands based b [...]

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Young Cayman reporter shines at Youth Games

Young Cayman reporter shines at Youth Games

| 28/08/2014 | 0 Comments
(CNS Business): A 22-year-old journalist from the Caymanian has received a prestigious award from the International Olympic Committee. Jade Webster, who currently works as the Communication Officer of the non-profit Young Caymanian Leadership Foundation, received the Steve Parry Award for the Bes [...]

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IMAC wooing Canadian captives

IMAC wooing Canadian captives

| 28/08/2014 | 0 Comments
(CNS Business): The Insurance Managers Association of Cayman is actively seeking Canadian business, reporting that business owners and executives from that country are looking more carefully at captive insurance structures, particularly in the oil and gas, shipping or other heavy industrial companie [...]

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Campbells’ scholarship awarded to young Caymanian

Campbells’ scholarship awarded to young Caymanian

| 28/08/2014 | 0 Comments
(CNS Business): Zachary Powery, who is about to enter his third year at Edinburgh Napier University, where he is studying for a BA (Hons) Accounting with Law, has been awarded Campbells’ Undergraduate Scholarship for 2014.  Powery is the first member of his Caymanian family to attend [...]

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New company incorporations boost Cayman registry

New company incorporations boost Cayman registry

| 28/08/2014 | 0 Comments
(CNS Business): The number of new company incorporations in the Cayman Islands increased 5% in 2013 when compared to the previous year, with the 9,433 new companies making up a solid 10% of the jurisdiction’s registry, according to Appleby, one of the world’s largest providers of of [...]

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Caledonian Global Financial Services sells Funds division

Caledonian Global Financial Services sells Funds division

| 27/08/2014 | 0 Comments
(CNS Business): Caledonian Global Financial Services Inc, a financial services provider in the Cayman Islands, announced today that it completed the sale of its wholly owned subsidiary, Caledonian Global Fund Services Limited, to Circle Partners. Management and staff at Caledonian are in fu [...]

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Former turtle farm provides example for CTF

Former turtle farm provides example for CTF

| 26/08/2014 | 3 Comments
(CNS Business): A former sea turtle farm in the Reunion Islands in the Indian Ocean has successfully transitioned into a respected research centre where groundbreaking science is conducted but remains one of the islands’ top tourist attractions. It also maintains the cultural heritage of the i [...]

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Law firm recruits two new article clerks

Law firm recruits two new article clerks

| 19/08/2014 | 0 Comments
(CNS Business): Ogier in Cayman has appointed two new articled clerks, Paul Ebanks and John Carey, for an 18-month term. “Paul and John have achieved strong academic results and we are confident they will continue to thrive in the next phase of their legal education,” said Nick [...]

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Registered valuers not necessarily qualified

Registered valuers not necessarily qualified

| 18/08/2014 | 3 Comments
(CNS Business) Updated: The Cayman Islands is the first county in the Americas where all valuations undertaken by chartered surveyors must be registered valuers, a scheme that was introduced by the local chapter of the Royal Institution of Chartered Surveyors. However, while the Valuer Registration [...]

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Cayman government ‘astounded’ by blacklisting

Cayman government ‘astounded’ by blacklisting

| 15/08/2014 | 1 Comment
(CNS Business): The minister for financial services has said the decision by the UK’s Financial Conduct Authority to place the Cayman Islands on its high risk countries list, as reported by CNS Business on Thursday, defies logic. Astounded by the decision, Wayne Panton told CNS Business Thurs [...]

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New property valuation programme for Cayman

New property valuation programme for Cayman

| 14/08/2014 | 2 Comments
(CNS Business): The Royal Institution of Chartered Surveyors Valuer Registration programme is now mandatory for all professionals performing valuations under the RICS designation in the Cayman Islands. The Global professional body that represents, regulates and promotes chartered and techni [...]

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Tax haven film to première at Toronto film festival

Tax haven film to première at Toronto film festival

| 14/08/2014 | 0 Comments
(CNS Business): A new documentary about tax havens, “The Price We Pay”, is to receive its world première on 5 September at the Toronto International Film Festival. TIFF says Director by Harold Crooks “blows the lid off the dirty world of corporate malfeasance with this incendiar [...]

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Cayman Brac shares sports tourism boost

Cayman Brac shares sports tourism boost

| 14/08/2014 | 0 Comments
(CNS Business): With the new Fédération Internationale de Football Association (FIFA) approved stadium for the pitch on Cayman Brac’s Bluff, some of the matches for the Confederation of North, Central America and Caribbean Association Football (CONCACAF) inaugural Girls’ Und [...]

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