Tag: British Overseas Teritories
80% say no to ownership register
(CNS Business): Government released a report Tuesday on the public consultation it carried out earlier this year regarding how the jurisdiction should tackle the issue of access to who really owns offshore entities registered in the Cayman Islands. The report revealed that over 80% of the people and organizations that responded do not believe Cayman […]
Cayman says no to public access to ownership
(CNS Business): The Cayman government, along with other affected British territories, has refused to introduce a centralised beneficial ownership register with public access. Premier Alden McLaughlin said Monday that he and Financial Services Minister Wayne Panton, with the support of other territory leaders, stood firm last week in London when on the last day of […]
Overseas territories jittery over register
(CNS Business): Cayman is not the only British overseas territory that has concerns about the UK government’s push for open access across all the territories regarding the beneficial owners of the companies, trusts, funds and other financial institutions that are registered offshore. UK Prime Minister David Cameron is planning an open register for Britain wants […]
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