Archive for September 9th, 2014
CIMA announces regulatory policy revisions in effect
(CNS Business): Revisions to two Cayman Islands financial services regulatory policies, one relating to the licensing and approving of money services business and the other to the licensing of banks, are now in effect. The revisions were approved by the Board of Directors of the Cayman Islands Monetary Authority (CIMA) and came into effect Monday […]
Tourism apprenticeship programme final graduation
(CNS Business): With the establishment of the School of Hospitality Studies (SHS), the Tourism Apprenticeship Training Programme (TATP) run by the Department of Tourism is being discontinued and so the recent graduation service recognising the last six apprentices who completed the programme was the final one. The TATP, which began in 2006, was designed to […]
Bahamas proposes sweeping changes to gaming industry
(CNS Business): The government of The Bahamas has decided to go against the result of referendum and press on with the proposed comprehensive legislation aimed at regularizing the gaming industry in the country. The referendum to legalize gambling for citizens in January 2013, which cost taxpayers $1.2m, resulted in a ‘no’ majority vote. Nevertheless, Tourism Minister Obie […]
Recent comments