Cayman Finance hosted a pair of events in New York on Jan. 22 to showcase the strength of the Cayman Islands financial services industry and its benefits to global partners, particularly those in the United States.
Daniel Altneu The new Immigration (Transition) Law, 2018 and Customs and Border Control Law 2018 came into force on Feb. 1 by Order of Cabinet....
The Cayman Islands has come under enormous regulatory pressure last year and that is not expected to change in 2019.
There is growing consensus to support a U.S. proposal for the reform of global corporate tax rules, which would limit the ability of multinational companies to shift profits to low-tax jurisdictions, according to the Organisation for Economic Co-operation and Development.
With the Securities and Exchange Commission moving to crack down on fraudulent crypto-schemes, the allure of crowdfunding capital through initial coin offerings on blockchain platforms appears to be fading.
Substance legislation passed by lawmakers in December 2018 has laid down the parameters for the way Cayman is responding to pressure by the European Union to reform its tax regime, but many questions remain about the economic impact of the new framework.
Cayman’s government and financial services industry professionals have had mixed reactions to the territory’s recently passed economic substance legislation, with some expressing cautious optimism that the new laws will increase investment in the islands, while others are bracing for an exodus of companies.
Financial markets were hit with an onslaught of weak economic news across the housing sector recently.
The Cayman Islands is home to billions of dollars’ worth of mergers and acquisitions in a given year, but few have the potential to impact the local community as much as the impending sale of Cayman National Corporation Ltd. to the Republic Bank Trinidad and Tobago (Barbados) Ltd.
Much of the Campbells Fund Focus 2018 conference featured panelists discussing how changing regulations, technology, and political issues could impact the bottom line of the fund industry.
Better measurement of the economy and of people’s well-being could have led governments to respond more strongly to mitigate the damage caused by the 2008 financial crisis and reduce people’s continuing loss of trust in public institutions, according to a new report released by the OECD.
Recently, a local insurance company has been advertising on the radio in Cayman warning of the implications of average clauses. Contrary to the rather ordinary nature that the name suggests, an average clause is one of the most important clauses that you can find in an insurance policy.
It is hard to believe that the 9 percent return on the S&P 500 Index as at the end of September has now completely vanished. U.S. equity markets are now in negative territory for the year to date.
A group of professionals in the Cayman Islands is campaigning for gender equality in the workplace.
On Oct. 15, 2015, women gathered for the inaugural Cayman Islands’ chapter meeting of 100 Women Who Care, which culminated in more than $42,500 being raised for the Cayman Islands Crisis Centre, a domestic violence organization – an astonishing amount and a fitting cause, given the group’s female attendees.
For more than 40 years, the Business and Professional Women’s Club of Grand Cayman has been working to create a better environment for local women and future members of the workforce.
According to documentation recently received from the Department of Immigration, there are approximately 350 expatriates holding Residency and Employment Rights Certificates (RERCs) as the spouse of a Caymanian. We expect this number will increase.
Real Vision founder Raoul Pal, who owns a house on Little Cayman, has ambitious plans for his firm, aiming for it to “disrupt” the media industry and replace outlets like CNBC as the financial journalism outlet of record.
The principle of open justice requires that justice must literally be seen to be done. But there are occasions when openness of court proceedings will be at odds with the requirements of justice.
Cayman’s energy market will need to see a radical transformation over the next two decades to meet the ambitious goals outlined in the first National Energy Policy passed last year.