Archive for November 7th, 2017

Scott defends Queen’s use of Cayman funds

Scott defends Queen’s use of Cayman funds

| 07/11/2017 | 2 Comments
(CNS Business): After the first revelations from the hacked documents that have been dubbed the Paradise Papers began making headlines around the world Sunday, Jude Scott, CEO of Cayman Finance, has defended the British monarch’s use of Cayman Islands funds and what he said is the legitimate u [...]

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Financial services gets budget boost

Financial services gets budget boost

| 07/11/2017
(CNS Business): Funding for the financial services sector has increased considerably in the 2018/19 budgets, the new minister for the sector, Tara Rivers, revealed in the Legislative Assembly Monday, as she stressed the need to protect the industry and underscored the importance of the sector to the [...]

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Southwest Airlines plans new service from Houston

Southwest Airlines plans new service from Houston

| 07/11/2017 | 1 Comment
(CNS Business): Hot on the heels of recent revelations about the continued record-breaking success of overnight tourism in the Cayman Islands, ministry officials were welcoming an announcement from Southwest Airlines that it will begin a seasonal summer service from Houston, Texas, to Grand Cayman [...]

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US partner pulls out of deal with Health City

US partner pulls out of deal with Health City

| 07/11/2017 | 20 Comments
(CNS Business): The faith-based US healthcare provider, Ascension, has pulled out of its partnership with Health City Cayman Islands, the East End hospital founded by the internationally renowned Indian cardiac surgeon, Devi Shetty. Since the state-of-the-art facility was first conceived and then th [...]

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Cayman gears up for CFATF review

Cayman gears up for CFATF review

| 07/11/2017 | 0 Comments
(CNS Business): The attorney general has said that the Portfolio of Legal Affairs, the Ministry of Financial Services and CIMA have been working with the public sector agencies and private sector stakeholders to get the jurisdiction in a state of readiness for the upcoming evaluation by the Caribbea [...]

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