Archive for September 8th, 2014

Blacklisting brief but impact unknown

Blacklisting brief but impact unknown

| 08/09/2014 | 0 Comments

(CNS Business): Praising Financial Services Minister Wayne Panton for his urgent response to the brief blacklisting of the Cayman Islands by the UK’s Financial Conduct Authority (FCA), Cayman Finance CEO Gonzalo Jalles said the impact on the jurisdiction’s reputation may never be known. The list was published by the FCA on 18 July in response to […]

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Junior Achievement alumna joins JA Board

Junior Achievement alumna joins JA Board

| 08/09/2014 | 0 Comments

(CNS Business): Kristina Buckeridge has been appointed to the Board of Directors of the local Junior Achievement. She said she first gained an interest in business, and in particular marketing, during her time in the JA Company Programme, in which high school students learn valuable business skills by forming and running their own company, guided […]

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Students interns meet potential employers

Students interns meet potential employers

| 08/09/2014 | 0 Comments

(CNS Business): Fifteen private sector businesses, one non-profit organisation and 24 government entities took part in the Islands Further Education Centre (CIFEC) Fair, where students had the opportunity to meet with prospective employers for the Year 12 internship programme. Unpaid internships, whether in the public or private sectors, are an integral part of the CIFEC […]

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Porsche Cayman to say ‘T’anks A Lot’ for dive bookings

Porsche Cayman to say ‘T’anks A Lot’ for dive bookings

| 08/09/2014 | 0 Comments

(CNS Business): At the 2014 DEMA show in November the Cayman Islands will be rewarding dive operators who book divers for this destination. The Grand Prize winner, randomly selected from all entries, will get a new 2014 Porsche Cayman for one year, while two First Prizes in ‘T’anks A Lot’ programme will be given to […]

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Jail sentence for Cayman-based money launderer

Jail sentence for Cayman-based money launderer

| 08/09/2014 | 1 Comment

(CNS Business): An investment advisor based in the Cayman Islands was sentenced by a federal court in Virginia Friday to 30 months in prison for his part in a $2 million money-laundering conspiracy, the DOJ and Internal Revenue Service (IRS) said. US citizen Joshua VanDyk (34) pleaded guilty on June 12, having been arrested in […]

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New deputy head of CIMA’s Insurance Supervision

New deputy head of CIMA’s Insurance Supervision

| 08/09/2014 | 0 Comments

(CNS Business): Ruwan Jayasekera was promoted to the Cayman Islands Monetary Authority’s deputy head of insurance on 1 September, having rejoined CIMA in January 2013 as a chief analyst. Reporting to the head of the insurance division, he now manages the day-to-day operations of the division, both on an on-site and off-site basis by providing […]

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