CAYMAN FINANCE NEWS

August 23, 2016Cayman Islands registered firms top 100,000 markThe number of active companies on the Cayman Islands company register has exceeded 100,000 for the first time, and there are now more than 19,000 active partnerships in the territory, reports Tax News. At the end of the second quarter, 101,430 companies were listed as active, three per cent more than a year earlier and 2.6 per cent more than […] MORE >
August 23, 2016CBA and Cayman Finance work together to shape next generation of young Caymanian lawyersThe Caymanian Bar Association (“CBA”) and Cayman Finance joined forces at the CBA’s Annual Student Chapter Lecture and Summer Social on 10 August. The lecture was hosted by Ogier and was followed by a social at The King’s Head in Camana Bay. The annual lecture delivered by Mr. Jude Scott, CEO of Cayman Finance, focussed on the strength and importance […] MORE >
August 17, 2016Cayman Islands-registered firms top 100,000 mark for first timeThe number of active companies on the Cayman Islands company register has exceeded 100,000 for the first time in its history. At the end of the second quarter, 101,430 companies were listed as active, 3 percent more than a year earlier and 2.6 percent more than at the end of 2015, statistics provided by the Cayman Islands General Registry show. […] MORE >
August 1, 2016New company law will boost business, says ScottThe CEO of Cayman Finance, Jude Scott, said the Cayman Islands financial services industry has welcomed the new limited liability company (LLC) regime, which came into effect just three weeks ago with the implementation of the law and the publication of underlying related regulations. “This new LLC law will give our industry a competitive advantage in the international market and […] MORE >
July 28, 2016Cayman Islands Ushers In New LLC LawThe Cayman Islands’ competitiveness has been enhanced by the introduction of a new limited liability company law, says Jude Scott, CEO of Cayman Finance, the island’s financial services promotional agency. According to the Cayman Islands Ministry of Financial Services, the new Cayman LLC is similar to a Delaware limited liability company: “It is a business vehicle with separate legal personality, […] MORE >

UPCOMING EVENTS

ASHRM 2016 Annual Conference & Exhibition
Mourant Ozannes’ International Trusts & Private Client Conference

Date: October 7, 2016

Location: The Ritz Carlton, Grand Cayman

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Next Generation Influencers Kickoff Cocktail Reception

Date: October 20, 2016

Time: 5:30pm – 7:30pm

Location: TBC

 

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Next Generation Inspire Launch Event

Date: October 21, 2016

Time: 12:00pm – 6:00pm

Location: TBC

 

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IBC’s International Trusts and Private Client Cayman Forum

Date: October 24 – October 25, 2016

Time: 8:00am-6:00pm

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CAYMAN NEWS

August 25, 2016Cayman tightens terrorism financing rules“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 […] MORE >
August 25, 2016Cayman hosts 1st ever women in Maritime conferencePresident 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. “Our issues are similar our experiences are similar with our counterparts in Africa, In Asia, in Europe the maritime industry as a whole […] MORE >
August 25, 2016New anti-corruption commissioners appointedFour new members of Cayman’s Anti-Corruption Commission were announced Friday, following changes approved to the local Anti-Corruption Law earlier in the year. The changes approved by the Legislative Assembly in June required the removal of the Cayman Islands police commissioner, auditor general and complaints commissioner from the board and stipulated that no other government workers should be chosen in their […] MORE >

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