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Cayman gives bootlegs the boot

Cayman gives bootlegs the boot

| 27/03/2015 | 1 Comment

(CNS Business): Big changes are coming to Cayman’s current copyright laws, change that will not only offer better intellectual property protection, but also increase government revenue by multiples of $5 to $10 million in direct benefits. On Thursday government officials and cabinet members held a press conference to discuss the details of the current laws […]

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Local staff help 7MB hotel shine

Local staff help 7MB hotel shine

| 25/03/2015 | 0 Comments

(CNS Business): Hiring Caymanian staff has really paid off for one hotel on Grand Cayman. While two other major resorts along Seven Mile Beach have recently gone on the market, Comfort Suites, located on the same block on the island, has learned that it has more to smile about these days when greeting its customers. The […]

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Cayman updating copyright law

Cayman updating copyright law

| 25/03/2015 | 1 Comment

(CNS Business): Minister of Commerce Wayne Panton announced the Cayman Islands would soon be falling under the UK’s umbrella regarding copyright laws. The minister explained the aim is to offer stronger intellectual property protection that is in line with Britain.

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Cayman Finance slams article

Cayman Finance slams article

| 25/03/2015 | 0 Comments

(CNS Business): Cayman Finance CEO Jude Scott is firing back against a recent article about the US Department of State Report, listing the Cayman Islands as a “country of primary concern” for money laundering and financial crimes. Scott stated ComplianceAid, an AML/CFT consulting firm, took the report out of context for opportunistic reasons, in an […]

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Cayman on US money laundering list

Cayman on US money laundering list

| 24/03/2015 | 1 Comment

(CNS Business): Seven Caribbean countries find themselves on the US “Major Money Laundering List for 2015”. The United States Government published its “2015 International Narcotics Control Strategy Report” on Wednesday, and the Cayman Islands is on the list.

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DCI encourages young entrepreneurs

DCI encourages young entrepreneurs

| 24/03/2015 | 1 Comment

(CNS Business): The Department of Commerce and Investment (DCI) is looking for young entrepreneurs between the ages of 15 and 21 to compete in the Business Plan Competition at the Small-Business Expo on Saturday 18 April.

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Obama heading to the Caribbean

Obama heading to the Caribbean

| 24/03/2015 | 0 Comments

(CNS Business): America’s President, Barack Obama, will make his first presidential visit to Jamaica on 9 April. Reports from the White House stated the trip is focused on strengthening security in the Caribbean. Officials said in a release that Obama would visit the island nation to meet leaders, before departing for Panama to attend the Summit […]

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Liquidators call first creditors’ meeting for Caledonian

Liquidators call first creditors’ meeting for Caledonian

| 24/03/2015 | 0 Comments

(CNS Business): Creditors for Caledonian bank are scheduled to have their first meeting with the liquidators next month as they begin the process of finding out who the bank owes and how much. One of Cayman’s oldest offshore banks, Caledonian and Caledonian Securities were brought to their knees last month when the Securities and Exchange Commission (SEC) […]

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Local auto museum selling off dozens of cars

Local auto museum selling off dozens of cars

| 24/03/2015 | 2 Comments

(CNS): Around 45 cars from the Cayman Motor Museum are going under the hammer in Florida this weekend, according to organizers of the 13th annual Fort Lauderdale car auction. The museum opened in 2010 but it has been closed for several weeks. According to the museum’s website, the facility is undergoing renovations and will re-open […]

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Walkers announces 3 new attorneys

Walkers announces 3 new attorneys

| 23/03/2015 | 0 Comments

(CNS Business): Walkers Cayman Finance Group has announced three new Caymanian attorneys. Having successfully completed the firm’s Articled Clerk Training Programme, Patrick McConvey, Arikka Ebanks and Nane Erb were admitted as attorneys-at-law before Justice Charles Quin. The admissions were moved on 17, 18 and 19 March by Walkers Partner, Colette Wilkins, at the Grand Court of the […]

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Cayman AEOI Portal now live

Cayman AEOI Portal now live

| 23/03/2015 | 0 Comments

(CNS Business): On Friday 20 March at 4:15pm the Cayman Islands officially opened the doors to the Automatic Exchange of Information (AEOI) Portal to report tax information to other jurisdictions. The Financial Services Ministry has announced the AEOI Portal is now available for financial institutions to register and report customer data to the Tax Information Authority […]

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Tourism booming as ministry looks ahead

Tourism booming as ministry looks ahead

| 21/03/2015 | 0 Comments

(CNS Business): Tourism Minister Moses Kirkconnell said 2015 has potential to be the best year yet for tourism in the Cayman Islands.  Cruise passenger arrivals for the month of January already show a 7% growth over the number of passengers Grand Cayman greeted last year.

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Cayman Finance open to engage Labour on ownership issue

Cayman Finance open to engage Labour on ownership issue

| 21/03/2015 | 0 Comments

(CNS Business): As the May election period for the UK approaches, the opposition Labour party remains adamant about enforcing a centralized and public beneficial ownership register on British territories if it forms the next government. CEO of Cayman Finance, Jude Scott, told CNS Business that everyone needs to be cognizant about the elections and said he welcomes discussions […]

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Cayman restaurants to get taste test

Cayman restaurants to get taste test

| 20/03/2015 | 0 Comments

(CNS Business): The Best Dressed Chicken and Jamaica Observer have announced the Cayman Islands edition of the Table Talk Food Awards. On Thursday residents of the Cayman Islands and Jamaica gathered to launch the event that will showcase our islands’ culinary excellence.

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