CAYMAN FINANCE NEWS

Minister Rivers Addresses Shipping Conference July 12, 2018 - Minister for Financial Service and Home Affairs, Hon. Tara Rivers highlighted that seagoing vessels registered in the Cayman Islands are on the “white list” with three leading global entities when they undergo inspections in foreign seaports. Minister Rivers was speaking on behalf of the Cayman Islands Government at the opening of the meeting of the Caribbean MOU on Port State […]
United front in Cayman UK Battle: Premier-Issue goes beyond public registries June 13, 2018 - Cayman’s leaders mount a united front as the country prepares to face what Premier Alden McLaughlin describes as a fight for our very existence. Speaking at yesterday’s (24 May) media briefing the Premier made it clear Cayman’s fight is not against public beneficial ownership registries. But rather the fight is about this country’s right to legislate locally and not have […]
UK Legislation not ‘death knell’ for Cayman business June 12, 2018 - The head of Cayman’s primary financial services industry representative group said Wednesday that a move to force public registers of company ownership upon British Overseas Territories by December 2020 will not have any immediate “significant impact” on international business conducted in the jurisdiction. Cayman Finance Chief Executive Officer Jude Scott did warn that Cayman needed to “use its time wisely” […]
Cayman Finance launches Industry Ambassador Programme June 8, 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 […]
Cayman Finances CEO talks industry concerns on public registries issue June 8, 2018 - Cayman Finance CEO Jude Scott weighed in on the latest developments on the public beneficial ownership registries tonight (23 May) with Cayman 27’s Kevin Morales.   Via: Cayman Compass

UPCOMING EVENTS

Armour Expo 2018 with eShore

12 September 2018

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100WF | 3rd Annual Corporate Mixology Competition to benefit Special Needs Foundation Cayman

September 20th 2018

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11th Annual CIIPA Awards Gala

September 22nd 2018

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Hedge Fund Care – Cayman’s 14th Annual Benefit

November 16th 2018

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Cayman Captive Forum

27-29 November 2018

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CAYMAN NEWS

Cayman Stock exchange posts strong 2016/17 performance July 12, 2018 - The Cayman Islands Stock Exchange exceeded its targets for revenue, net income, cash at year end, and several other metrics during the period between July 1, 2016 and Dec. 31, 2017, according to its latest annual report. The stock exchange’s $3,083,106 in revenue slightly exceeded its goal for that period, as well as the $1,941,948 in revenue it earned for […]
Bedell Cristin to expand international footprint into Cayman Islands July 12, 2018 - The partners of Bedell Cristin have announced a plan to merge with Cayman-based law firm, Solomon Harris. It is hoped that the deal will complete by the end of August, and Solomon Harris will rebrand as Bedell Cristin at a later date. Founded in 1998, Solomon Harris is a full service law firm employing 28 people in Grand Cayman. It […]
Cayman’s offshore insolvency petitions fall in 2017 July 5, 2018 - Fewer companies wound up operations in Cayman last year as opposed to 2016. These are the findings of the Offshore Corporate Insolvency Restructuring Annual Review 2017 compiled by Appleby. For 2017 40 companies filed insolvency petitions in the Cayman’s jurisdiction, as opposed to 70 in 2016. Dispute resolution partner at the firm, Tony Heaver-Wren, says decreases or increases in insolvency […]

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