It begins with the journey. Saint Vincent is not one of the big-name Caribbean islands, not the one with endless direct flights and resorts lined up shoulder to shoulder. It’s different, quieter, more remote. When you arrive, the mountains rise up sharply from the coast, the rainforest dripping into the sea. The roads wind slowly […]
The United Kingdom will not sign off on Cayman’s budget for the upcoming year without cuts to civil service personnel, it announced. The budget had been set for delivery to the Legislative Assembly May 23, but British concerns about personnel costs have become a major hang-up. “The U.K. says the present personnel cost is unsustainable,” […]
Caymanian legislators passed three laws yesterday aimed at bringing financial services in the Cayman Islands in line with international standards. The three laws were the Companies (Amendemnt) Bill 2011 and two companion bills — the Securities (Amendment) Bill and the Property (Miscellaneous Provisions) (Amendment) Bill. “This is the first round of critical changes to the […]
Cayman Premier McKeeva Bush Cayman Islands Premier McKeeva Bush led a Cayman delegation to meet with the United States Internal Revenue Service’s Deputy Commissioner, Michael Danilack, along with other senior officials to discuss implementation of the Foreign Account Tax Compliance Act. The meeting was a “fact-finding mission in order to gain a clearer understanding of […]
