Cayman Finance News

The ‘Cayman Finance Cares’ programme, an initiative funded by Cayman Finance member firms, has raised in excess of CI$124,000 to support the operations of the Cayman Food Bank (Good Samaritan Food Bank). The Cayman Food Bank is a core hunger-relief organisation working to alleviate hunger and malnutrition in the local community. It is a centralised food bank that provides...

In February 2020, the Government’s National Coordination Team for the Anti-Money Laundering Steering Group (AMLSG), in collaboration with Cayman Finance, launched free on-demand lessons on the Cayman Finance eLearning platform entitled “Fighting Financial Crime in the Cayman Islands”. We are pleased to announce that a new series of courses on the Risks in the Cayman Islands is now available....

More than 450 meals were provided to workers at the Health Services Authority (HSA) over the Easter weekend through a ‘Feeding the Frontline’ initiative by Cayman Finance. Supported by donations from its membership, Cayman Finance was able to coordinate lunch deliveries for HSA staff over four days. The Cayman Finance ‘Feeding the Frontline’ programme was created to provide support...

CEO Jude Scott wrote the following article ‘Liquidity and transparency: why tax neutral hubs matter in critical times’ which has been published in the Hedgeweek Cayman Islands In Focus 2020 special report. “Governments around the world have taken dramatic action to address the health risks caused by COVID-19, but doing so has also created a wide range of significant...

The Cayman Islands Financial Services Industry continues to provide tremendous value as the main economic driver of the Cayman Islands economy.  Industry firms, Government and the regulator have implemented their business continuity plans to enable employees to work remotely from home and continue providing business services as usual across the industry during the extended curfew measures that have been put in place locally.  “By taking the necessary steps to...