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News from Cayman:




Cayman Islands

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Weaknesses revealed in probe into Cayman Islands anti-corruption investigator

May 25, 2016
Weaknesses revealed in probe into Cayman Islands anti-corruption investigator GEORGE TOWN, Cayman Islands (CNS) -- A British police officer who was part of Operation Tempura, a controversial anti-corruption inquiry in the Cayman Islands, has revealed that a purported investigation of its lead officer, Martin Bridger, which held up a freedom of information request...

Caribbean banks must adapt to survive de-risking, says industry consultant

May 23, 2016
Caribbean banks must adapt to survive de-risking, says industry consultant GEORGE TOWN, Cayman Islands (CNS) -- The banking sector in the Cayman Islands and elsewhere in the Caribbean will have to accept new ways of working, including sharing costs and services, in order to survive in the current climate of de-risking, according to US industry consultants.

Britain's finance minister backs Cayman Islands position on beneficial ownership

May 20, 2016
Britain's finance minister backs Cayman Islands position on beneficial ownership GEORGE TOWN, Cayman Islands (CNS) -- The Cayman Islands government has released the response it received from Britain’s chancellor of the exchequer, George Osborne, to the letter sent to him by financial services minister Wayne Panton about the Cayman government’s position...

Cayman Islands premier's comments met with hostility at London summit

May 19, 2016
Cayman Islands premier's comments met with hostility at London summit GEORGE TOWN, Cayman Islands (CNS) -- Cayman Islands Premier Alden McLaughlin said that his comments about the hypocrisy of the United States were not greeted very well during last week’s anti-corruption summit in London. Speaking at a press conference on Tuesday, he said...

Visiting academic jailed in the Cayman Islands over room dispute

May 19, 2016
Visiting academic jailed in the Cayman Islands over room dispute GEORGE TOWN, Cayman Islands (CNS) -- The Royal Cayman Islands Police Service (RCIPS) has defended a decision to put a leading international academic, who was visiting Cayman with her son for the recent invitational football tournament, in jail following an accommodation dispute.

Activists in US raise alarm over genetically engineered mosquitoes

May 17, 2016
Activists in US raise alarm over genetically engineered mosquitoes GEORGE TOWN, Cayman Islands (CNS) -- Just as bio-scientists are releasing tens of thousands of genetically engineered (GE) mosquitoes in the Cayman Islands as part of a project to try and eliminate the Aedes aegypti mosquito, a group of public health, food safety and environmental...

Cayman Islands premier calls for end to global hypocrisy

May 13, 2016
Cayman Islands premier calls for end to global hypocrisy LONDON, England (CNS) -- The Cayman Islands premier has called on the world’s nations attending the anti-corruption summit in London to stop the hypocrisy regarding the fight against financial crime and make standards truly global. Alden McLaughlin did not name the United States but...

Cayman Islands to extend beneficial ownership information exchange and repeal secrecy law

May 12, 2016
Cayman Islands to extend beneficial ownership information exchange and repeal secrecy law GEORGETOWN, Cayman Islands (CNS) -- The Cayman Islands government has announced plans to enter into agreements, similar to the one it has with the UK, for the exchange of beneficial ownership information with other jurisdictions and to amend the territory’s notorious secrecy law.

Genetically engineered mosquitoes said to be safe and effective

May 12, 2016
Genetically engineered mosquitoes said to be safe and effective GEORGETOWN, Cayman Islands (CNS) -- Responding to concerns about the long-term impact of releasing genetically engineered mosquitoes in an effort to eradicate the disease-carrying Aedes aegypti species, the firm behind the bio-science that has created sterile male insects...

Cayman Islands links to Panama Papers 'minor'

May 12, 2016
Cayman Islands links to Panama Papers 'minor' GEORGETOWN, Cayman Islands -- Jude Scott, CEO of Cayman Finance, the private sector organisation that represents the Cayman Islands’ financial services industry, said the publishing on Monday of the online database of entities, officers and intermediaries linked to the Panama...

Effectiveness of genetically modified mosquito release in Cayman Islands disputed

May 10, 2016
Effectiveness of genetically modified mosquito release in Cayman Islands disputed GEORGE TOWN, Cayman Islands (CNS) -- Claims that the release of genetically modified (GM) sterile male mosquitoes in the Cayman Islands in a pilot programme that began this week could eliminate the Aedes aegypti, the species that transmits several diseases, have been...

Genetically engineered mosquitoes to be released in Cayman Islands

May 7, 2016
Genetically engineered mosquitoes to be released in Cayman Islands GEORGE TOWN, Cayman Islands (CNS) -- The Cayman Islands Mosquito Research and Control Unit (MRCU), in partnership with the UK-based firm Oxitec, will be releasing genetically engineered male mosquitoes across Grand Cayman in a new initiative to try and suppress the population...

FIFA seeks lifetime football ban for former vice president

May 5, 2016
FIFA seeks lifetime football ban for former vice president GEORGE TOWN, Cayman Islands (CNS) -- Cayman’s fallen football hero, Jeffrey Webb, is facing a lifetime ban from the sport as FIFA’s adjudicatory chamber of the Ethics Committee, chaired by Hans-Joachim Eckert, opened formal proceedings against him this week. The ethics case is based...

Former Cayman Islands football chief 'regrets' illegal conduct in guilty plea

April 20, 2016
Former Cayman Islands football chief 'regrets' illegal conduct in guilty plea GEORGE TOWN, Cayman Islands (CNS) -- When Jeffrey Webb pleaded guilty in a New York court last year, the disgraced former Cayman Islands football hero admitted using his position as the former president of CIFA and CONCACAF and vice president of FIFA for his own personal benefit.

Cayman Airways announces fleet modernization plan

April 15, 2016
Cayman Airways announces fleet modernization plan GEORGE TOWN, Cayman Islands -- Cayman Airways has received approval from the Cayman Islands government to proceed with its fleet modernization plan. This plan will commence in the fourth quarter of this year and will see the airline’s current fleet of 122-seat Boeing 737-300...

UK opposition leader questions Cayman Islands celebration over transparency deal

April 14, 2016
UK opposition leader questions Cayman Islands celebration over transparency deal GEORGE TOWN, Cayman Islands (CNS) -- The fact that the Cayman Islands has welcomed the recent agreement with the UK over how it will share beneficial ownership details with British law enforcement and tax authorities was used against Prime Minister David Cameron this week.

Commentary: The View from Europe: The Panama connection

April 9, 2016
Commentary: The View from Europe: The Panama connection A few days ago the leader of the British Labour Party, Jeremy Corbyn, called on the British prime minister to consider taking direct control of Britain’s Caribbean overseas territories. His remarks – not without irony as, of all of the members of the British Parliament, he is among those...

Open Letter: Cayman Islands direct rule refusal - thank you statement

April 9, 2016
The Cayman Islands is grateful for you springing to their defence on the matter of direct rule by misguided persons who claim to be liberal but propose super-imperialism action. The recent acts of provocation locally or the controversies surrounding...

Call for direct rule of British overseas territories 'absurd', says Cayman Islands minister

April 8, 2016
Call for direct rule of British overseas territories 'absurd', says Cayman Islands minister GEORGE TOWN, Cayman Islands (CNS) -- Cayman’s financial services minister has dismissed as absurd the suggestion by the UK leader of the opposition, Jeremy Corbyn, that the British government should consider imposing direct rule on its overseas territories and dependencies...

UK minister 'misled' parliament about Cayman Islands LGBT situation

April 8, 2016
UK minister 'misled' parliament about Cayman Islands LGBT situation GEORGE TOWN, Cayman Islands (CNS) -- Dr Leonardo Raznovich has accused the UK’s overseas territories minister of misleading the British House of Commons by indicating that the Cayman Islands government had recognised same-sex marriage. Raznovich, who has...

Commentary: Memo to Cayman Finance: The Cayman Islands are indeed a secrecy jurisdiction

April 8, 2016
Commentary: Memo to Cayman Finance: The Cayman Islands are indeed a secrecy jurisdiction On Wednesday, in a detailed position paper, Cayman Finance, which generally speaks for the financial service industry of the Cayman Islands, went to great lengths to show that Cayman is not a secrecy jurisdiction, spelling out, in chapter and verse, how many ways Cayman maintains...

Cayman Islands not a secrecy jurisdiction, says financial sector organisation

April 7, 2016
Cayman Islands not a secrecy jurisdiction, says financial sector organisation GEORGE TOWN, Cayman Islands -- In the wake of the “Panama Papers” disclosure and global attention on international financial centres (IFCs), Jude Scott, CEO of Cayman Finance, the private sector organisation that represents the Cayman Islands’ financial services industry, emphasized...

Cayman Islands corruption report missing key evidence, says lead investigator

April 6, 2016
Cayman Islands corruption report missing key evidence, says lead investigator GEORGE TOWN, Cayman Islands (CNS) -- Martin Bridger, the man who headed up the controversial corruption investigation into the Royal Cayman Islands Police Service (RCIPS) known as Operation Tempura, suspects that the author of the released report on his complaint about...

Bishop to speak at Cayman Islands conference on religion and homosexuality

April 5, 2016
Bishop to speak at Cayman Islands conference on religion and homosexuality GEORGE TOWN, Cayman Islands (CNS) -- The Right Reverend Dr Alan Wilson will be one of the key speakers at a conference in the Cayman Islands this summer focusing on lesbian, gay, bisexual, and transgender issues, where he will speak on the topic of religion and homosexuality.

New skills for government statisticians in Cayman Islands, Jamaica and St Kitts-Nevis

April 5, 2016
New skills for government statisticians in Cayman Islands, Jamaica and St Kitts-Nevis KINGSTON, Jamaica -- The Economic Commission for Latin America and the Caribbean (ECLAC) subregional headquarters for the Caribbean and the Caribbean Development Bank (CDB) are jointly hosting a regional capacity building workshop in Kingston, Jamaica from 4-15 April 2016.

Cayman Islands governor releases corruption probe documents

April 2, 2016
Cayman Islands governor releases corruption probe documents GEORGE TOWN, Cayman islands (CNS) -- Having spent thousands of dollars fighting orders from the Information Commissioner’s Office to do so, the governor’s office in the Cayman Islands has released a report on the Operation Tempura corruption investigation.

Turks and Caicos DPP under fire

April 1, 2016
Turks and Caicos DPP under fire GEORGE TOWN, Cayman Islands (CNS)-- John Masters, the Director of Public Prosecutions (DPP) in the Turks and Caicos Islands (TCI) and a former senior prosecutor in the Cayman Islands, is under investigation by the territory’s Integrity Commission. According to reports from TCI...

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