Cayman News

  • Cayman operations boost Butterfield’s earnings

    March 4, 2016
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    The Chief Executive Officer of Butterfield, Michael Collins, said the bank was encouraged by improving economic conditions last year, which has resulted in a 6% increase in deposits, and a boost to core earnings of over $7.5 million, according to figures in the bank’s annual report.

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  • Cayman tops international shipping standards

    March 4, 2016
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    The International Chamber of Shipping has rated Cayman Registry as top of class for the fifth consecutive year in its 2015/2016 Annual Flag State Performance Table.

    Cayman Registry is one of 15 flag states that has received the distinction in this year’s performance table.

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  • Civil Aviation Authority of the Cayman Islands (CAACI) featured on Discovery Channel’s NewsWatchTV

    February 18, 2016
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    The Civil Aviation Authority of the Cayman Islands (CAACI) recently partnered with NewsWatch, a consumer focused television show that is a trusted source for breaking consumer, technology, travel, health, and entertainment news. The news show aired on the Discovery Channel on the 12th February 2016 at 7am EST and featured a segment on the Cayman Islands Aircraft Registry in…

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  • America Is Enabling Tax Evasion

    February 11, 2016
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    The combination of increasing inequality and anemic economic growth has thrown a political spotlight on tax havens. Research has shown that governments are losing at least $200 billion in potential tax dollars every year because of them. Politicians throughout the world are feeling pressure to address this perceived injustice.

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  • Cayman Copies Delaware For Limited Liability Law

    February 5, 2016
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    Cayman has taken the blueprint from Delaware for the introduction of its new Limited Liability Company (LLC) legislation.

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