Cayman News

  • Cayman Publishes Bills regarding Financial Services Standards

    December 7, 2018
    0

    In response to global developments in financial services, the Cayman Islands Government today published three bills that further strengthen our compliance with international standards. The bills are The Companies (Amendment) (No. 2) Bill, 2018; The Local Companies (Control) (Amendment) Bill, 2018; and The International Tax Co-Operation (Economic Substance) Bill, 2018. They were produced following the Ministry of Financial Services’...

    Read more
  •  Data Protection Law Start Postponed

    November 30, 2018
    0

    The Cayman Islands Government has announced the postponement of the start date for the Data Protection Law 2017 to take effect. It was scheduled to come into force on 29 January 2019. This has been changed to the 30 September 2019. Kindly click on the link below to read more about the postponement of the Data Protection Law 2017. Data Protection...

    Read more
  • Insurer launches Cayman captive facility

    November 23, 2018
    0

    Crum & Forster’s accident and health division has launched a captive facility in the Cayman Islands. The Crum & Forster SPC Captive will allow Crum & Forster to issue offshore insurance policies as well as facilitate reinsurance transactions for various clients including but not limited to policyholders, agents and managing general underwriters, according to a statement published on Friday....

    Read more
  • Hedge Funds Care hosts vintage circus evening

    November 23, 2018
    0

    Dressed as ringmasters, harlequins and performers, supporters of Hedge Funds Care Cayman attended the charity’s glitzy annual gala at The Ritz-Carlton, Grand Cayman on Friday night. The theme of this year’s fundraiser was “Vintage Circus,” and the audience did not disappoint, donning an array of costumes that would not look out of place in any classic Big Top. The...

    Read more
  • CIMA to supervise banking groups on a consolidated basis

    November 23, 2018
    0

    The Legislative Assembly adopted the Banks and Trust Companies Bill 2018, which empowers the Cayman Islands Monetary Authority to supervise banking groups on a consolidated basis. CIMA supervises and regulates banks incorporated and licensed in Cayman in accordance with the principles developed by the Basel Committee on Banking Supervision. In December 2010, Cayman’s regulator began the implementation of the...

    Read more
Support Terms of Use Privacy Policy