Baroness’ LA address lauds Cayman’s Financial Industry October 12, 2016 - Despite recent negative portrayals in the United Kingdom about The Cayman Islands being a tax haven, Baroness Anelay, in her address to the Legislative Assembly spoke positively about the Cayman economy noting the rising GDP, increased employment figures, debt reductions and high tourist numbers. She acknowledged the integral role of the financial industry in making these advances, stating, “Of course […]
Tackling the decline of correspondent banking relationships in the Caribbean October 12, 2016 - Correspondent banking, the collective term for banking services provided by a bank in one country to a financial institution in another, has been the backbone of international banking operations and payments for some time. Smaller banks without a large international network of their own, in particular, rely on their relationships with correspondent banks in other countries to make cross-border payments. […]
New UK OT Minister recognises Cayman’s leadership as a financial centre and its dedication to transparency and cooperation October 12, 2016 -   The new UK Overseas Territories Minister, Baroness Joyce Anelay visited the Cayman Islands last week as her first official visit to a British territory since assuming her role in July. During her three day stay, Baroness Anelay was hosted at a dinner by the jurisdiction’s financial services industry representative body, Cayman Finance, where she recognised the country’s leading role […]
Cayman Finance celebrates successful student education and work experience programme October 3, 2016 - The second year of the Cayman Finance Student Education and Work Experience Programme has concluded after a successful nine weeks of workshops and mentor sessions and a four week long work placement component. The programme was developed in partnership with the Ministry of Education, Employment and Gender Affairs and the Ministry of Financial Services, Commerce and Environment with the goal […]
Cayman Finance Student Education & Work Experience Programme Celebration September 27, 2016 - There was a huge celebration of student and intern success upstairs at George Town Yacht Club, because it was the second year running that Year 12 students had completed their internships with local finance companies and government departments.  Excitedly, the smartly-dressed young people filed into the big hall to meet with one another and carry on the valuable networking that […]


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Marco Archer named Finance Minister of the Year in Caribbean October 11, 2016 - Cayman Islands Finance Minister Marco Archer is tops in his field among his Caribbean peers, according to Global Markets magazine. The minister, who just turned 50, was named Finance Minister of the Year for the Caribbean this month by the magazine, which is a daily online and printed publication covering the World Bank and the International Monetary Fund. Premier Alden […]
New laws ‘modernize’ trademark, design rights October 7, 2016 - New protections for trademarks, design rights and patents passed through second readings in the Legislative Assembly on Wednesday, part of the Commerce Ministry’s years-long push to modernize intellectual property protections in the Cayman Islands. The Trade Marks Law will create a new trademarks registry in the Cayman Islands instead of requiring trademarks to be registered in the United Kingdom and […]
New UK overseas territories minister to visit Cayman September 26, 2016 - Britain’s new overseas territories minister plans to visit all three Cayman Islands in the first week of October. Joyce Anne Anelay, the Baroness Anelay of St. Johns, will become the first serving overseas territories minister to visit all three Cayman Islands. During a two-day trip to Grand Cayman, she will visit the Legislative Assembly and attend a reception hosted by […]



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