Photo of the Remarkables mountain range in Queenstown, New Zealand.

Archive for September 26th, 2014

Cayman loses ground in global index

Cayman loses ground in global index

| 26/09/2014 | 0 Comments

(CNS Business): The Cayman Islands has dropped 11 ranks in the Global financial Centres Index 16 (GFCI 16) in the most recent rating of financial centres published this month. Down 23 points, Cayman is now ranked at #54 in the global listing, compiled by the Z/Yen Group, and third in the list of offshore centres, […]

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IRS warns IFIs of FATCA scams

IRS warns IFIs of FATCA scams

| 26/09/2014 | 0 Comments

(CNS Business): The Internal Revenue Service today issued a fraud alert for international financial institutions complying with the Foreign Account Tax Compliance Act (FATCA). Scam artists posing as the IRS have fraudulently solicited financial institutions seeking account holder identity and financial account information. The IRS said it does not require financial institutions to provide specific […]

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Kirkconnell: tourism benefits must trickle down

Kirkconnell: tourism benefits must trickle down

| 26/09/2014 | 0 Comments

(CNS Business): If the effects of record breaking statistics for tourism in the Cayman Islands are not trickling down to small business owners and the people who work in the industry “then we are merely skirting round the edges of opportunity and our efforts are seriously missing the mark,” Tourism Minister Moses Kirkconnell told the […]

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Sister Islands ‘safe’ from mega-resorts

Sister Islands ‘safe’ from mega-resorts

| 26/09/2014 | 0 Comments

(CNS Business): Deputy Premier Moses Kirkconnell, who has responsibility for the Sister Islands, says the Cayman Islands’ new National Conservation Law adds significant protection from unsuitable or inappropriate developments. The DP also said he supports the establishment of a strategic development plan for Cayman Brac and Little Cayman to ensure that future developments on the […]

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Local movie may show Cayman in new spotlight

Local movie may show Cayman in new spotlight

| 26/09/2014 | 0 Comments

(CNS Business): A short film written, directed and produced by an entirely local team which opened in Grand Cayman last weekend shows that movies shot here don’t have to be about money laundering or pirates. Although The Devil you Know film is shot almost entirely in Cayman, the location is unrelated to the story and […]

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