As electronic payments have now become the norm in transferring funds from one point to another by individuals and businesses, CIBC Caribbean has announced that from March 31, 2026, it will no longer issue or process cheques and bank drafts denominated in Great Britain Pounds (GBP).
Reinsurance Assets in Cayman exceed $100 billion, up from $23 billion six years ago.
Cayman Finance reports continued growth in the jurisdiction’s private funds sector, following the publication of the 2025 Fund Statistics by the Cayman Islands Monetary Authority (CIMA).
Participants in the inaugural Cayman Finance Graduate Training Programme have successfully completed a comprehensive 12-week training schedule designed to provide the skills and knowledge needed to thrive in the financial services industry.
BDO Cayman Islands is pleased to announce the promotion of Gordon Procter to Partner.
The Caribbean Development Bank (CDB, the Bank) is partnering with the Cayman Islands Centre for Business Development (CICBD) to strengthen the country’s Micro, Small, and Medium-sized Enterprises (MSMEs) through the creation of a data-driven national small business policy.
The Cayman Islands’ financial services industry is even more important to the economy and government finances than earlier figures suggested, according to Cayman Finance, a non-profit membership organisation that promotes and lobbies on behalf of the territory’s financial services sector.
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.