Cayman News

The U.K. and the Cayman Islands have reached an agreement that will allow the continued cooperation in the fight against money laundering and other crime under an agreement struck more than two years ago. The Minister of State for the Overseas Territories Tariq Ahmad and Premier Alden McLaughlin released a statement Monday confirming that British and Cayman officials had...

Minister of Financial Services the Hon. Tara Rivers will meet EU officials in Brussels during the week of 17 September, to continue Government’s discussions regarding the EU’s list of non-cooperative tax jurisdictions. ‘This visit allows important face-to-face dialogue with EU officials about their concerns, and Cayman’s efforts to date to develop proposals and appropriate legislation to address these concerns’,...

Minister of Finance Roy McTaggart said the latest government credit rating of the Cayman Islands reflected “confidence in our country’s economic, fiscal and institutional strengths,” when he presented the assessment by rating agency Moody’s in the Legislative Assembly last week. Moody’s reaffirmed the Cayman Islands’ Aa3 government bond rating in April. The rating, which applies to all bonds issued...

For the first time, the Cayman Islands Monetary Authority (“CIMA” or “the Authority”) has partnered with the International Organization of Securities Commissions (IOSCO) Secretariat to host the 2018 IOSCO Growth and Emerging Markets Committee (GEMC) Annual Conference and Meetings from 19 – 20 September, 2018 here in the Cayman Islands. This event will be held in conjunction with the...

Cayman is in the process of preparing its submission to the UK parliamentary committee inquiry on the future of the UK Overseas Territories relationship. It’s an inquiry prompted by the dispute between the UK and its territories, including Cayman, over the imposition of beneficial ownership registries. Tuesday (28 August) Cayman 27’s Kevin Morales sat down with former Financial Services...