Archive for February 24th, 2015
Caledonian in liquidation as CIMA revokes licences
(CNS Business): Controllers appointed by CIMA to oversee the affairs at the beleaguered Caledonian Bank and Caledonian Securities have been officially named by the local regulator as the joint official liquidators. Following the controllers’ interim report, the Cayman Islands Monetary Authority has revoked the licences and petitioned the Grand Court to wind up the bank.
Cayman wins Best Diving award
(CNS Business): The Cayman Islands have been recognized by the scuba diving industry as one of the Caribbean’s premier dive destination. SCUBA DIVING magazine has released its “2015 Reader’s Choice Awards†and named the Cayman Islands as the Caribbean/Atlantic region’s “Best Overall Diving†destination.
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