Cayman News

  • Aviation Authority to exhibit at Asian aviation conference

    April 18, 2018
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    The Civil Aviation Authority of the Cayman Islands will be exhibiting at the Asian Business Aviation Conference & Exhibition in Shanghai, China, for the fifth time. The show, scheduled for April 17-19, will be held in the Shanghai Hongqiao Airport at the Shanghai Hawker Pacific Business Aviation Service Centre. The delegation will be led by Director-General Richard Smith, accompanied...

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  • Cayman Islands: Updated guidance for CRS and FATCA

    April 18, 2018
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    The Cayman Islands Tax Information Authority published a revised AEOI Portal user guide (version 4.0), updated common reporting standard (CRS) guidance notes (version 3.0), and an updated entity self-certification form. Additionally, the Cayman Islands TIA has re-opened the Cayman Islands AEOI Portal. Read a March 2018 report  prepared by the KPMG member firm in the Cayman Islands

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  • Top Ten Best Practices for an ICO Founders’ Team: A View from the Cayman Islands

    April 18, 2018
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    Introduction In a research paper on initial coin offerings (“ICOs”) published in December 2017 , it was noted that fewer projects had reached their financing goals in November 2017 than in the previous months. It was also noted that most ICOs lacked a clear reason for using tokens and blockchain technology. Statistics published in the same research paper illustrated...

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  • London pips NY to remain top financial centre – GFCI 23 reveals

    April 18, 2018
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    London beating has beaten New York by a single point according to the 23rd issue of the Global Financial Centres Index. The Index considers 103 factors on the basis of quantitative measures provided by the World Bank, Economist Intelligence Unit, OECD and UN. Findings are combined with over 28,000 assessments provided via an online questionnaire that collected answers from 2,300...

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  • Cayman talks up FinTech on Hong Kong trip

    March 23, 2018
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    The rapidly changing international financial services industry took center stage early Wednesday at the U.K.-sponsored Great Festival of Innovation in Hong Kong with Cayman representatives making their pitch for the new investment technologies. FinTech, or Financial Technology, encompasses a number of new service delivery methods in financial services looking to compete with established businesses, such as those that exist...

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