CAYMAN FINANCE NEWS

April 24, 2016Programme Introduces young Caymanians to financial services opportunitiesCayman’s financial services industry is teeming with opportunity for home-grown talent. That’s why government has partnered with Cayman Finance to create a programme to expose young Caymanians to the inner workings of the industry through workshops and one-on-one mentorships, with the goal of future employment in the country’s largest industry. “The financial services industry is the largest contributor to our […] MORE >
April 13, 2016Cayman Finance Student Education & Work Experience Programme expanded in its Second YearCayman Finance, the Ministry of Education, Employment and Gender Affairs, and the Ministry of Financial Services, Commerce and Environment have again joined forces to create a pathway for high-performing students into the Cayman Islands Financial Services Industry, aiming to create job-ready and engaged young professionals. Now in its second year, the programme has been expanded to support up to 75 Caymanian […] MORE >
April 11, 2016Cayman Finance supports Cayman Islands Government on enhancements to Cayman’s existing beneficial ownership systemCayman Finance said it supported the Cayman Islands Government (CIG) in its announcement today of the signing of an agreement by the United Kingdom and the Cayman Islands on the enhancements to its existing beneficial ownership system.   The announcement was made at a media conference today in Grand Cayman by the Cayman Islands Premier Hon. Alden McLaughlin and Chief […] MORE >
April 11, 2016Working group tackles beneficial ownership proposalThe political debate over a beneficial ownership registry for Cayman Islands companies is far from over. But in the meantime a new working group, led by the Ministry of Financial Services and Cayman Finance, is working on the technical side of a new centralized system to access beneficial ownership information in Cayman. The working group “will also be tasked with […] MORE >
April 5, 2016Cayman not a secrecy jurisdictionIn the wake of the “Panama Papers” disclosure and global attention on International Financial Centres, Mr Jude Scott, Cayman Finance CEO, said that even though the media coverage makes no mention of the Cayman Islands, the need for a clear understanding of the positive role International Financial Centres play in the global economy could not be stronger.   “Cayman is […] MORE >

UPCOMING EVENTS

Offshore Alert Miami

Date: May 1-3, 2016

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100WHF Bubbles and Bling

Date: May 4 2016
Location: Kirk Freeport, Bayshore Mall, Cayman Islands
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CAYMAN NEWS

April 11, 2016Cayman’s compliance vastly superior to Panama’sThe biggest tax leak in history, which revealed how a law firm in Panama helped thousands of people, including a number of world leaders, evade tax and hide money offshore, has up ramped calls for the UK government to increase the pressure on the British overseas territories (BOTs), including the Cayman Islands, to accept a central register of beneficial ownership. […] MORE >
April 1, 20162016 Key Milestones: Cayman Islands2016 Key Milestones: Cayman Islands Reporting deadlines and other key compliance milestones in the Cayman Islands are approaching. Given the specific notification to the Cayman Tax Authority requirement and the complexity of the key milestones for the three sets of information reporting rules that are applicable in this jurisdiction (i.e. FATCA, UK-CDOT and CRS), below is a summary of the […] MORE >
March 31, 2016Cayman fund manager to capitalise on global food shortageA new hedge fund which aims to capitalise on demand for environmentally sustainable food is being launched and managed from the Cayman Islands next week. Prairie Wind Advisors, which was established in Cayman Enterprise City (CEC) last year, will bring its Harvest One Fund to market to invest in companies looking to solve the world’s greatest environmental problems and the […] MORE >

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