Frontier Airlines is launching 3 new routes to Colombia — Cartagena, Bogotá and Medellín — marking its first service to South America and extending an expansion that has already made it a major player in Caribbean aviation. Cartagena is getting a new nonstop flight from Orlando, with Frontier Airlines launching weekly service to the Colombian […]
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 […]
Cayman Islands Attorney General Samuel Bulgin The Cayman Islands financial industry is preparing for restrictive measures to execute U.N. Security Council and European Union sanctions against a number of Libyan nationals and entities. Cayman’s Attorney General, Samuel Bulgin, who is chair of the Anti-Money Laundering Steering Group in the territory, is advising banks of the […]
