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Trinidad Olympic athlete extradited to Cayman Islands in sex-crime case

February 22, 2017
Trinidad Olympic athlete extradited to Cayman Islands in sex-crime case GEORGE TOWN, Cayman Islands (CNS) -- Ato Modibo Stephens has been extradited from the United States to the Cayman Islands to face allegations of sexual abuse while he worked as a coach there. The 37-year-old Olympic athlete, who is married to Cayman’s track star Cydonie Mothersill...

US visitors to the Cayman Islands to pre-clear, China gets visa-free entry

February 6, 2017
US visitors to the Cayman Islands to pre-clear, China gets visa-free entry GEORGE TOWN, Cayman Islands (CNS) -- The Cayman Islands premier has announced some immigration changes that will impact travellers to Cayman and Caymanian travellers. Speaking at the Cayman Economic Outlook conference on Thursday, Premier Alden McLaughlin said...

Genetic modification project in the Cayman Islands cuts mosquitoes by over 80 percent

January 28, 2017
Genetic modification project in the Cayman Islands cuts mosquitoes by over 80 percent GEORGE TOWN, Cayman Islands (CNS) -- There has been a dramatic fall in the number of Aedes aegypti mosquitoes in the West Bay of Grand Cayman, where genetically modified insects have been released in a pilot project to get as near as possible to eradicating the disease-spreading...

Senators tell new US treasury secretary nominee to eliminate Cayman Islands and other tax havens

January 21, 2017
Senators tell new US treasury secretary nominee to eliminate Cayman Islands and other tax havens WASHINGTON, USA -- Members of the United States Senate, questioning the new Trump administration nominee for Treasury Secretary on Thursday, asked Steve Mnuchin how he intends to close down Caribbean tax havens, specifically naming the Cayman Islands.  The Senate panel demanded details...

Cayman Airways to start nonstop flights to Roatan in March

January 21, 2017
Cayman Airways to start nonstop flights to Roatan in March GEORGE TOWN, Cayman Islands -- Cayman Airways Limited will begin twice-weekly Boeing 737 nonstop flights between Grand Cayman (GCM) and Roatan (RTB) beginning March 16, 2017. Cayman Airways currently operates year-round flights from Grand Cayman to La Ceiba, Honduras.

Regional bank completes wind-down of UK private banking business

January 20, 2017
Regional bank completes wind-down of UK private banking business HAMILTON, Bermuda -- Prominent regional bank, the Bank of N.T. Butterfield & Son Limited, has announced that it has completed the orderly wind-down of its London-based private banking business and has fully discontinued its deposit-taking and investment management services in the UK.

Fire truck rollover on runway closes Cayman Brac airport in the Cayman Islands

January 7, 2017
Fire truck rollover on runway closes Cayman Brac airport in the Cayman Islands STAKE BAY, Cayman Islands -- On Thursday, firefighters with the Cayman Islands Fire Service Aerodrome Unit were conducting what was described as “a mandatory speed test” on the Charles Kirkconnell International Airport runway in Cayman Brac when the fire truck they were...

Southwest Airlines adds new destinations in the Caribbean

January 6, 2017
Southwest Airlines adds new destinations in the Caribbean DALLAS, USA -- Southwest Airlines has announced plans to bring its iconic brand, low fares, and exceptional customer service to the Cayman Islands, beginning June 4, 2017. The carrier filed an application with the US Department of Transportation to serve Owen Roberts International...

Bermuda and Cayman Islands listed as world's most offensive tax havens

December 14, 2016
Bermuda and Cayman Islands listed as world's most offensive tax havens GEORGE TOWN, Cayman Islands (CNS) -- Bermuda and the Cayman Islands have been named as the two most offensive corporate tax havens in the world in a new report examining the impact that tax-dodging corporations have on the world’s poorest people. The report, by the international...

Cayman Islands opposition party reneges on payment of election challenge costs

December 14, 2016
Cayman Islands opposition party reneges on payment of election challenge costs GEORGE TOWN, Cayman Islands (CNS) -- Cayman Islands resident John Gordon Hewitt is facing bankruptcy because of hefty costs the court ordered him to pay following an unsuccessful challenge and appeal against the election of education minister Tara Rivers to a seat in the 2013...

Reassign UK aid funds from EU to OCTs, says Montserrat premier

December 12, 2016
Reassign UK aid funds from EU to OCTs, says Montserrat premier LONDON, England -- While the uncertainties surrounding the eventual UK ‘Brexit’ from the European Union continue to be heavily debated throughout the UK, the premier of Montserrat, Donaldson Romeo, has weighed in with a suggestion that he says is intended to safeguard aid funds...

Commentary: The View from Europe: A new relationship for the Overseas Territories?

November 19, 2016
Commentary: The View from Europe: A new relationship for the Overseas Territories? While most of the world has been focussed on the outcome of the US presidential elections, other events of long-term importance to the region have been taking place. Of these, one of the more significant relates to the relationship between the UK and its overseas territories (OTs).

Still no jail for former Cayman Islands football chief as sentencing hearing postponed again

November 16, 2016
Still no jail for former Cayman Islands football chief as sentencing hearing postponed again GEORGE TOWN, Cayman Islands (CNS) -- For the third time over the last year, the US federal sentencing hearing for Jeffrey Webb for his convictions in the FIFA bribery scandal has been put off and the former Cayman Islands and regional football boss remains under a limited house arrest.

Cayman Finance CEO discusses Panama Papers, tax neutrality

November 16, 2016
Cayman Finance CEO discusses Panama Papers, tax neutrality LONDON, England -- During a recent appearance on BBC, Cayman Finance CEO Jude Scott highlighted the Cayman Islands’ dedication to upholding the standards and expectations of a premier financial jurisdiction through transparency and a strong compliance culture.

Forecasters watching Caribbean for possibility of late-season storm

November 15, 2016
Forecasters watching Caribbean for possibility of late-season storm MIAMI, USA -- Surface pressures are slowly falling over the southwestern Caribbean Sea, and a broad low pressure system is expected to form in this area during the next day or two. According to the National Hurricane Center in Miami, environmental conditions are forecast...

UK and OTs agree to special Brexit negotiation talks in 2017

November 14, 2016
UK and OTs agree to special Brexit negotiation talks in 2017 LONDON, England -- At the recently concluded Joint Ministerial Council (JMC) in London, the United Kingdom government and the political leaders of the Overseas Territories (OTs) agreed to hold special ministerial talks in early 2017 on Brexit negotiations before Article 50 of the Lisbon Treaty...

Brexit won't change relationship between UK and territories

November 8, 2016
Brexit won't change relationship between UK and territories LONDON, England (CNS) -- The UK government has said that the referendum result that saw the British people vote to leave the European Union earlier this year does not change the position on sovereignty between it and the overseas territories. The Brexit issue was a key element during...

British Overseas Territories leaders meet in London

November 3, 2016
British Overseas Territories leaders meet in London LONDON, England -- Leaders from the British Overseas Territories are currently in London, where they held a a successful meeting of the United Kingdom Overseas Territories Association (UKOTA) Political Council in preparation for meetings with the UK government at the Joint Ministerial...

British Overseas Territories leaders to form Brexit group to engage UK

November 1, 2016
British Overseas Territories leaders to form Brexit group to engage UK LONDON, England (CNS) -- Concerned about how the UK’s departure from the European Union over the next two years will impact their communities, leaders from the British Overseas Territories have agreed to form a group to focus on the whole question of Brexit.

Caribbean fisheries ministers meet in Cayman Islands

October 28, 2016
Caribbean fisheries ministers meet in Cayman Islands GEORGE TOWN, Cayman Islands (CRFM) -- The Ministerial Council of the Caribbean Regional Fisheries Mechanism (CRFM), the top policy and decision-making arm of the CARICOM agency, met on Thursday in Grand Cayman for its sixth special meeting. The meeting was held as part...

Cayman Islands sports minister says national lottery significant

October 27, 2016
Cayman Islands sports minister says national lottery significant GEORGE TOWN, Cayman Islands -- The clamour for a national lottery is sounding louder in the region. While in the Cayman Islands, Grand Cayman to be exact, this past weekend, I engaged in an interesting conversation with Osbourne Bodden, the minister of community affairs, youth...

Another man accused in FIFA bribery scandal expected to admit crimes

October 21, 2016
Another man accused in FIFA bribery scandal expected to admit crimes GEORGE TOWN, Cayman Islands (CNS) -- Aaron Davidson, who co-founded the North American Soccer League, is expected to plead guilty today for his part in the massive FIFA scandal, in which he secured multi-million dollar TV contracts by bribing officials, such as Cayman Islander...

Commentary: Will the US now investigate Cuba's financial frauds in Caribbean tax havens?

October 4, 2016
Commentary: Will the US now investigate Cuba's financial frauds in Caribbean tax havens? One of the dirty little secrets in government is that some intelligence agencies, when in need of additional funding for projects that their legislatures may not approve, have a long history of indulging in a little criminal activity to raise money away from governmental prying eyes.

Brexit exposes divide between Britain and its Overseas Territories

October 3, 2016
Brexit exposes divide between Britain and its Overseas Territories LONDON, England -- The decision to leave the European Union will create years of uncertainty for Britain’s overseas territories, new research suggests. Dr Matt Benwell from Newcastle University and Dr Alasdair Pinkerton from Royal Holloway, University of London, argue that the role of...

Cayman Islands regulator releases confidential victim information to fraudster

September 30, 2016
Cayman Islands regulator releases confidential victim information to fraudster MIAMI, USA -- Sources in the Cayman Islands report that an officer in the Cayman Islands Monetary Authority (CIMA) delivered confidential information to allegedfraudster Sharon Lexa Lamb, who then turned it over to her attorneys. The information included a written statement...

Commentary: Bearer shares and offshore bank accounts

September 30, 2016
Commentary: Bearer shares and offshore bank accounts If you are a legitimate businessman or investor, your professional adviser, if he or she is honest, will always tell you that owning any assets through a corporation having bearer shares can be a fatal mistake. Unless a company's shares are registered, there exists a clear and present...

LBGT activist calls on UK to end discrimination in the Cayman Islands

September 22, 2016
LBGT activist calls on UK to end discrimination in the Cayman Islands GEORGE TOWN, Cayman Islands (CNS) -- A representative from Colours Cayman, the only organisation in the Cayman Islands campaigning for equal rights for the lesbian, gay, bisexual and transgender (LGBT) community has called on the UK to end the inequity, discrimination and...

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