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Cayman Islands: Policy Update – Mondaq News Alerts

Cayman Islands: Policy UpdateMondaq News AlertsCayman Finance, as a leading industry association in our Islands, has an important role in this success as it provides valuable input to the Ministry via an appropriate, robust consultative process. When p...

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Premier’s Comments About Sanctions & Anti-Money Laundering Bill

STATEMENT BY PREMIER DR. HON. D. ORLANDO SMITH, OBE ON THE HOUSE OF LORDS CONSIDERATION OF COMMONS AMENDMENTS TO THE SANCTIONS AND ANTI-MONEY LAUNDERING BILL “The House of Lords earlier today [21 May 2018] debated the validity of a House of Commons amendment to require public central registers of beneficial ownership in the Overseas Territories (OT) during their Consideration of ...

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Kala Penn Becomes 1st JUCO Champs Outdoors Double All American

Kala Penn became the first BVI female athlete to win double All American honors outdoors in the National Jr. College Track and Field Championships By Dean “The Sportsman” Greenaway Kala Penn, a sophomore at ASA College-Miami, made history by becoming the territory’s first female athlete to earn double All American honors outdoors, after overcoming injuries, then grabbed second place finishes ...

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Vikings Flog Island Stars in Peter Haycraft Twenty 20 Cup battle

Island Stars’ Wicketkeeper Dennis “Babylon” Brown, tries to break the bales and run out a Vikings player, during Sundays match in Greenland By Dean “The Sportsman” Greenaway After two wickets fell around him, opener Rajleran Seepersaud and Collis Fraser carried the Vikings to an eight wicket victory over the Island Stars on Sunday, in the battle for the Peter Haycraft Twenty ...

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St. Thomas’ Tanner Krygsveld Wins BVI Dinghy Championships

St. Thomas’ Tanner Krygsveld heading towards the windward mark en route to one of his five victories and the overall BVI Dinghy Championships crown By Dean “The Sportsman” Greenaway In the first youth sailing event since last year’s version before Hurricane Irma wiped out September’s Back to School Regatta, sailors from St. Thomas and Puerto Rico joined their BVI counterparts ...

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VG Medical Centre Expected To Open In December

Ninth District Representative, Dr. the Hon. Hubert O’Neal is optimistic that the construction of the Iris O’Neal Medical Center will be finally completed this year. In fact the District Representative announced during his contribution to the 2018 Budget debate that the facility will be operational by December. Hon. O’Neal told the House of Assembly that money to see the project ...

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Opposition Leader Suggests Two Tier Tax System

At least two legislators have called on government to consider implementing a two tier tax system. The suggestion was made by Leader of the Opposition Hon. Andrew Fahie and endorsed by Junior Minister for Tourism Hon. Archibald Christian during the 26 April sitting of the House of Assembly while the $50M CDB loan was being debated. In making the suggestion ...

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Airport Expansion Still On The Table

As the Territory strives to increase revenues and get things back on track government remains focused on seeing the Terrance B Lettsome International airport extended. In fact the project is continuously being mentioned by Premier and Minister for Finance Dr. the Hon. D. Orlando Smith as the Territory pushes to return to economic normalcy. The most recent mention was during ...

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