Tag: Alden McLaughlin

Cayman has more Brexit power than UK cities, claims mayor

Cayman has more Brexit power than UK cities, claims mayor

| 05/07/2017 | 0 Comments

(CNS Business): Andy Burnham, the mayor of the North West English city of Manchester, has said the Cayman Islands currently has more influence in the Brexit talks than the UK regions. In a speech to local government associations, Burnham raised the growing fear that the financial services sector [...]

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Premier updates Baroness on beneficial ownership register

Premier updates Baroness on beneficial ownership register

| 09/03/2017 | 2 Comments

(CNS Business): Premier Alden McLaughlin and Attorney General Sam Bulgin met with the UK’s minister responsible for its overseas territories, Baroness Anelay, Monday afternoon to update her on Cayman’s progress on the implementation of legislation underpinning the non-public searchable regis [...]

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Premier: Cayman will thrive in changing world

Premier: Cayman will thrive in changing world

| 08/03/2017 | 1 Comment

(CNS Business): Premier Alden McLaughlin told an audience of British lawyers that the Cayman Islands will not only survive in these “times of uncertainty” but its financial sector, constitution and adherence to the rule of law will ensure that it thrives. “As a jurisdiction, Cayman has alw [...]

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Premier reveals details of 3D land parcels

Premier reveals details of 3D land parcels

| 06/03/2017 | 12 Comments

(CNS Business): Premier Alden McLaughlin told an audience of realtors, surveyors and property developers that his government plans to steer through legislative amendments during the current session of the Legislative Assembly to facilitate the registration of volumetric, or three-dimensional, lan [...]

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Premier in London to promote Cayman

Premier in London to promote Cayman

| 01/03/2017 | 0 Comments

(CNS Business): Premier Alden McLaughlin will be promoting the Cayman Islands, including its offshore sector, in London this week having been invited to deliver an address on Friday at a conference at Blackstone Chambers, entitled, “Current Issues in Rule of Law and International Trade and Deve [...]

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Premier heads to London for Brexit talks

Premier heads to London for Brexit talks

| 02/02/2017 | 7 Comments

(CNS Business): The premier will be heading to London Friday with a small government team for the special meeting with UK officials and the heads of other overseas territories on the thorny issue of Brexit and how it will impact Cayman and the other British dependent territories. The Joint Minist [...]

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BOTs jittery over Brexit and EU clampdown

BOTs jittery over Brexit and EU clampdown

| 15/11/2016 | 2 Comments

(CNS Business): Britain’s loss of influence in the EU as a result of ‘Brexit’ could leave Cayman and other offshore jurisdictions exposed to tougher offshore tax rules. In addition to the problems of gaining access to the business in Europe, Brexit poses a challenge to Cayman in that the UK [...]

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Minister to make case for lawyers’ law

Minister to make case for lawyers’ law

| 12/10/2016 | 18 Comments

(CNS Business): After almost 15 years of wrangling over a law to regulate the legal profession, the current financial services minister, a former offshore lawyer himself, is hoping he can finally steer through new legislation. But despite getting backing from the Cayman Islands Law Society and t [...]

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Local women encouraged to pursue maritime study

Local women encouraged to pursue maritime study

| 07/09/2016 | 3 Comments

(CNS Business): Premier Alden McLaughlin has said he hopes to see more young women in the Cayman Islands make use of education-based government funding to consider maritime careers. Speaking at the inaugural Women in Maritime Association Caribbean (WiMAC) conference this week, he said, “This y [...]

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Trade talks with Honduras ‘sincere’

Trade talks with Honduras ‘sincere’

| 07/09/2016 | 1 Comment

(CNS): Increasing flights between Cayman and Honduras, organising direct imports from the Central American country and an undersea telecommunications cable were key issues on the talks agenda when President Juan Orlando Hernandez and his delegation met with Cayman Islands officials here last wee [...]

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CIG’s Honduras day-trip paves way for deals

CIG’s Honduras day-trip paves way for deals

| 19/08/2016 | 15 Comments

(CNS Business): The government is hoping Honduras could serve as a new source of imports for the Cayman Islands and a new gateway for Cayman Airways. On a day trip to Roatan on Tuesday, the premier led a delegation to discuss future trade deals between the Central American country and Cayman. Al [...]

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Cayman changes perception of offshore centres

Cayman changes perception of offshore centres

| 18/05/2016 | 0 Comments

(CNS Business): The narrative that the Cayman Islands and other offshore jurisdictions are to blame for the world’s corruption, financial crime and tax evasion is finally changing, Premier Alden McLaughlin and Financial Services Minister Wayne Panton believe. Having openly agreed to sign up to [...]

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Cayman to extend BO info exchange and repeal secrecy law

Cayman to extend BO info exchange and repeal secrecy law

| 11/05/2016 | 22 Comments

(CNS Business): After just two days in London, the Cayman Islands Government has announced plans to enter into deals, similar to the one it has with the UK, over the exchange of beneficial ownership information with other jurisdictions and to amend the notorious secrecy law. On the eve of the UK [...]

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CAL to begin phased replacement of fleet

CAL to begin phased replacement of fleet

| 13/04/2016 | 60 Comments

(CNS Business): Government has confirmed its approval of plans by Cayman Airways Limited (CAL) to begin phasing in a brand new fleet of modern aircraft to meet the expected growth in tourism. The national flag carrier is about to begin the tendering process to lease four new 737-8Max aircraft to [...]

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Corbyn queries Cayman’s celebration over UK deal

Corbyn queries Cayman’s celebration over UK deal

| 13/04/2016 | 8 Comments

(CNS Business): The fact that the Cayman Islands has welcomed the recent agreement with the UK over how it will share beneficial ownership details with British law enforcement and tax authorities was used against Prime Minister David Cameron this week by the opposition leader in the British parl [...]

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