On 31 July 2024, the Beneficial Ownership Transparency Act 2023 (the “Act”) came into force in the Cayman Islands which compels every Cayman Islands entity1 (an “Entity”) to (a) maintain a register of beneficial owners in conjunction with their corporate service providers (b) to review and verify th
Offshore Jurisdictions are firmly embedded into the global economy.
CAYMAN FINANCE Board of Directors is pleased to announce the appointment of Steve McIntosh as Chief Executive Officer (CEO), effective from 1 September 2022. McIntosh’s appointment follows a comprehensive and competitive selection process.
The Cayman Islands has experienced an alarming rate of suicide over the years. The decriminalisation of suicide was an important milestone for the Alex Panton Foundation (APF) and our community and has encouraged further dialogue on suicide prevention and mental health.
Spectrum, a new financial services conference will be launching this year with a focus on the medium term outlook for the Cayman Islands financial services industry.
A Cayman Islands client of a major international bank has written to the government expressing concern over the reason given and the wider implications for Cayman as a banking centre.
The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is pleased to announce the appointment of Ms. Janique Samson as Chief Risk Officer in the Managing Director’s Office and Mr. Niall McAuliffe as Deputy Head of the Onsite Inspection Unit.
The Cayman Islands Monetary Authority (CIMA) last week issued a reminder to any businesses carrying out relevant financial business to ensure that their anti-money laundering (AML) staff were all up to scratch and complying with regulations.
Fake apps and websites and email scams are a potential huge threat to people in Cayman, particularly when it comes to people’s finances, so Scotiabank Cayman is putting a warning out to its customers to be aware of such fraud attempts.
In the wake of a computer breach detected last month and subsequently isolated, ACH Cayman Limited (ACH), the company that represents the clearing banks in the Cayman Islands, is advising customers to check with their respective banks if they notice any suspicious activity on their accounts.
