Tag: Samuel Bulgin

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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AG outlines four year AML/terrorist financing plan

AG outlines four year AML/terrorist financing plan

| 26/05/2017 | 0 Comments
(CNS Business): Following the shortcomings identified previously by the Financial Action Task Force (FATF) and in Cayman’s regulatory regime to address emerging threats and vulnerabilities in the financial sector, the attorney general said a strategy has been developed ahead of the next FATF revie [...]

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Work still needed ahead of task force review

Work still needed ahead of task force review

| 01/05/2017 | 1 Comment
(CNS Business): A summary of a National Risk Assessment that began in 2014 has been released to the public two years after it was finished, ahead of Cayman’s fourth round of Mutual Evaluation by the Caribbean Financial Action Task Force (CFATF) at the end of the year. The assessment found a catalo [...]

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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 register [...]

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High hopes that lawyers bill will pass

High hopes that lawyers bill will pass

| 12/01/2017 | 1 Comment
(CNS Business): At the opening of the Grand Court Wednesday, Attorney General Samuel Bulgin and the leaders of the two legal professional bodies were all in agreement that the latest draft of the Legal Practitioners Bill was a compromise that most of the profession could support. The attorneys all e [...]

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Cayman court gets power to issue interim orders in foreign cases

Cayman court gets power to issue interim orders in foreign cases

| 11/09/2014 | 0 Comments
(CNS Business): An amendment to the Cayman Islands Grand Court rules has given local judges the power to make free standing interim orders regarding assets and resources in foreign cases that also touch this jurisdiction to help prevent abuse of those involved in legal proceedings around the world. [...]

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