Cayman News
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Job agency introduces specialist accounts training
(CNS Business): As local people continue to face an uphill struggle to find work, fourteen job seekers completed a Colour Accounting training course recently via the National Workforce Development Agency, which experts say will help them in their job hunt. Described as a “revolutionary new way to learn accountingâ€, the course was sponsored by the […]
Tour operators grizzle over weekend sandbar rules
(CNS Business): Small tour operators say that they are not benefitting from the increase in cruise ships visiting Cayman at weekends because the major operators are getting the bulk of the business as a result of limits on commercial trips to Stingray City and the Sandbar. In an effort to both ease the pressure in […]
New manager for Chamber Pension Plan
(CNS Business): The Chamber of Commerce Pension Plan has appointed Randall Fisher as the new director of operations, and Paul Schreiner has been elected to be the next chairperson for the Board of Trustees. Fisher, who has been serving as the acting office manager since July, has over 25 years of experience in the financial services industry […]
Young lawyer joins Maples’ Corporate Team
(CNS Business): Maples and Calder articled clerk, Kimberly Robinson was admitted as an attorney-at-law in the Cayman Islands by the Hon. Justice Panton on 16 September 2014 before an audience of family, friends and colleagues. Robinson joined Maples and Calder in March 2013 as an articled clerk after completing her Bachelor of Law degree from the […]
Cayman Cook-Off promoted in NY
(CNS Business): Representatives from the Cayman Islands Department of Tourism visited New York City this week to promote Cayman Cookout, the highly anticipated culinary festival which will be hosted by Chef Eric Ripert from January 15-18. While they were in the Big Apple, they also took the opportunity to leverage news of tourism updates and […]
OECD says new deal will end tax havens
(CNS Business): Tax havens will no longer exist in five years as a result of new rules aimed at combating tax abuse, the OECD has said. In the wake of the agreement signed last week by over 50 countries, including the Cayman Islands, Grace Perez-Navarro, from the Organisation for Economic Co-operation and Development (OECD), said […]
Agreement reached over poached channels
(CNS Business) After a lengthy copyright dispute, WestStar’s new owners have landed an agreement with HBO Latin America for the distribution and broadcast of HBO/MAX channels. This agreement comes after the recent take-over of WestStar by telecommunications company Logic. After accusing WestStar of intercepting US Satellite broadcasts and distributing its content to their subscribers, HBO […]
Shippers club worries retailers
(CNS Business): Cayman’s local shipping lines appear to have joined the Caribbean Shipowners Association (CSA), which local retailers fear will lead to future price hikes that will have to be passed on to customers. Some local merchants and wholesalers have raised concerns that with Hybur, Seaboard Marine and Tropical Shipping all joining the association and […]
Shetty hospital features in documentary
(CNS Business): As Health City Cayman Islands continues its outreach to attract patients from North America to the state-of-the-art facility, the hospital was featured in a documentary that premiered at an international healthcare conference in Salt Lake City, Utah, last month.
Panton signs latest global information exchange deal
(CNSBusiness): The Cayman Islands government joined more than 50 countries Wednesday, when it signed the latest agreement to tackle global tax evasion. Wayne Panton, the financial services minister, signed on the dotted line of the OECD’s Multilateral Competent Authority Agreement (MCAA) in Berlin, the latest worldwide standard for automatic exchange of information (AEOI) among tax […]
Offshore compulsory winding up petitions drop
(CNS Business): Compulsory winding up petition filings in most offshore jurisdictions fell, on average, by 31% in the first three quarters of 2014 as compared to the same period last year, according to Appleby, one of the world’s largest providers of offshore legal, fiduciary and administration services. The new data, published in Snapshot: Interim Report […]
Dart fund seeks Argentina debt
(CNS Business): EM Limited, a hedge fund founded by billionaire Kenneth Dart, is pushing for US$835 million it is owed by Argentina. A federal judge, backed by the US Supreme Court, ordered Argentina to pay US$1.33 billion plus interest to so-called ‘holdout’ bondholders led by Elliott Management’s NML Capital Ltd and Aurelius Capital Management to […]
Cayman showcased as luxury destination
(CNS Business): The Cayman Islands will be featured in a hit TV show that highlights how wealth is achieved, used and enjoyed, thanks to a pitch made by local fibre optic company, C3 Pure Fibre, to cable TV network AWE. The network sent a film crew to Cayman in June to film the luxurious lifestyle […]
Byles pens offshore textbook for BVI
(CNS Business): Local banker and consultant Paul Byles has recently authored a first-of-its-kind introductory textbook on the offshore financial services industry with specific focus on the British Virgin Islands, on behalf of the BVI regulator, the Financial Services Commission. This is Byles’ second book, having already published Inside Offshore, a guide to offshore services and […]
Young Caymanians join law firm as articled clerks
(CNS Business): Walkers has announced the appointment of three new Caymanian articled clerks. Renee Prendergast, Arleth Ebanks and Rebecca Peck, who are all former Walkers scholarship recipients, have completed their legal education and have now begun Walkers’ Articled Clerk Training Programme. Over the next 18 months they will undergo rigorous training with the firm and will […]
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