Archive for August 16th, 2016
Liquidators on trail of fugitive for missing $4M
(CNS Business): Joint liquidators trying to untangle the affairs of Ryan Bateman and the group of Cayman-registered companies he once owned and managed have filed another winding up petition and are on the fugitive’s trail for some $4 million of investors cash and assets that has gone astray from Bateman & Company. The Canadian national absconded […]
DCI prepares to call time on booze licencees
(CNS Business): The Department of Commerce and Investment (DCI) is urging liquor licence holders to submit their applications ahead of Friday’s deadline, otherwise they will have to apply again from scratch. Officials are concerned that, based on the number of applications they have received so far, most licencees are leaving things until the last minute […]
Airport retail space up for grabs
(CNS Business): As the Cayman Islands Airports Authority (CIAA) continues work on the redevelopment of Owen Roberts International Airport (ORIA), it is about to begin an open tender for all the retail spaces at the new facility, which is set to open in 2018. A total of seventeen potentially lucrative spaces will be up for […]
Ex CIMA compliance boss moves to FRA
(CNS Business): Robert James Berry, the former head of compliance at the Cayman Islands Monetary Authority, has been appointed as the director of the Financial Reporting Authority (FRA). Berry, an anti-money laundering expert who worked in private banking before he joined CIMA, has move to the government unit responsible for investigating suspicious activity in the […]
Tech zone makes deal for conference series
(CNS Business): Cayman Enterprise City (CEC) has announced a five-year deal with the Internet Marketing Association to host annual Impact Cayman conferences on the islands over the next five years, and is expected to attract overseas delegates and boost visitor numbers. The first conference was held in April after Premier Alden McLaughlin attended the IMA’s […]
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