CAYMAN FINANCE NEWS

Cayman Finance launches Industry Ambassador Programme May 3, 2018 - Cayman Finance has launched an online learning portal designed to help ensure accurate information is known and shared about the jurisdiction. The “Industry Ambassador Programme” primarily targets the 7,000 people working in the Cayman Islands financial services industry to equip them with the knowledge required to champion the benefits of using the jurisdiction as a leading place to do business. […]
Cayman Finance responds to vote by U.K. House of Commons to disregard the Cayman Islands’ leadership on transparency and verified ownership standards May 2, 2018 - Jude Scott, CEO of Cayman Finance, issued the following statement about a vote by the U.K. House of Commons to amend the proposed Sanctions and Anti-Money Laundering Bill to require public ownership registers in the Cayman Islands and other British Overseas Territories by December 2020: “Cayman’s existing verified ownership regime remains in force – and remains superior to existing ownership […]
Cayman Finance builds talent for the future through Student Education & Work Experience Programme April 20, 2018 - The fourth annual Cayman Finance Student Education & Work Experience Programme launched recently with an orientation event for all of the programme’s stakeholders. Accepted into the 2018 programme are 60 Caymanian students from schools across the Islands, who will benefit from attending and participating in 10 weeks of workshops and one-on-one mentorship sessions. In addition, eligible students will receive work […]
Cayman moves up financial rankings April 18, 2018 - The twenty-third edition of the Global Financial Centres Index (GFCI 23) ranked the Cayman Islands as the 22nd best financial center in the world out of 110 total jurisdictions. Cayman’s ranking improved nine places over the last year and was the highest among all U.K. Overseas Territories and Crown Dependencies. Cayman is also one of only four centers from outside […]
Global Financial Centres Index 23 ranks Cayman Islands among top 25 best financial centres in the world, one of only four such jurisdictions from outside the G20 March 27, 2018 - Jude Scott, CEO of Cayman Finance, issued the following statement about the new release of the twenty-third edition of the Global Financial Centres Index (GFCI 23), which ranked the Cayman Islands as the 22nd best financial centre in the world out of 110 total jurisdictions.  Cayman’s ranking was an improvement of 9 places over the last year and was the […]

UPCOMING EVENTS

Armour Expo 2018 with eShore

12 September 2018

Click here for more details

Cayman Captive Forum

27-29 November 2018

Click here for more details

CAYMAN NEWS

Foundation Companies: Cayman’s Newest Offering May 7, 2018 - Foundation Companies (FCs) are Cayman’s newest offering for private wealth and commercial structuring. Introduced by The Foundation Companies Law, 2017, which came into force on 18 October last year, FCs can function like a traditional civil law foundation but in the form and with the benefits and familiarity of a company. What exactly are FCs? FCs are not trusts. Rather, […]
UK to force Cayman, territories to make company owners public May 7, 2018 - Britain’s 14 overseas territories, including the Cayman Islands, will have to introduce public registers of beneficial ownership by the end of 2020. If they do not, the U.K. government will issue an order in council to force Cayman and other territories to do so. The U.K. Conservative Party government did not oppose an amendment to the Sanctions and Anti-Money Laundering […]
Increasing Clarity on Cayman Islands AML Obligations May 1, 2018 - On 6 April 2018, CIMA released a notice (the “Notice“) in which it addressed three points raised by Cayman Finance in relation to unclear provisions of Guidance Notes on the Prevention and Detection of Money Laundering and Terrorist Financing in the Cayman Islands (“Guidance Notes“): (i) the designation / appointment of natural persons as MLROs, DMLROs and AMLCOs (together “AML Officers“) for […]

NEWSWIRE

MEMBERS

Support Terms of Use Privacy Policy