Cayman News

  • CIMA Provides Development Opportunities for Young Caymanians

    August 31, 2016
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    Each year, the Cayman Islands Monetary Authority (CIMA) provides career-development opportunities to young Caymanians who are looking to gain valuable work experience. The Authority also awards scholarships to students who are seeking to further their education in the Finance and Business fields.

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  • Cayman tightens terrorism financing rules

    August 25, 2016
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    “Terrorist financing” is now specifically defined as a criminal act in revised legislation due to be considered this fall by Cayman Islands lawmakers.

    The Terrorism (Amendment) Bill, 2016, is expected to go to the Legislative Assembly in late September or early October for approval. It will bring the British Overseas Territory’s anti-terrorism laws “into conformity with the international standards recommended…

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  • Cayman hosts 1st ever women in Maritime conference

    August 25, 2016
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    President of the Women’s International, Shipping and Trading Association (WISTA) Sherice Arman said the conference seeks to address gender sensitive issues which are similar to other regions as well as the role of women to the sector

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  • New anti-corruption commissioners appointed

    August 25, 2016
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    Four new members of Cayman’s Anti-Corruption Commission were announced Friday, following changes approved to the local Anti-Corruption Law earlier in the year.

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  • Cayman Islands FATCA Notification And Reporting Deadlines Fast Approaching

    August 5, 2016
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    Further to our previous update in relation to the extension of the deadlines for both notification and reporting by Reporting Financial Institutions (“Reporting FIs”) through the Cayman Islands AEOI Portal (the “Portal”), Reporting FIs are reminded to complete any applicable FATCA notification and reporting for both US FATCA and UK FATCA (CDOT) through the Portal on or before the…

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