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.
The Governor of the Bank of England this week sounded what might have been his most sombre caution regarding crypto-currencies, calling them “dangerous".
R3 Cayman Foundation is pleased to announce a first series of grants totalling CI$346,000 to several local non-profit organisations with programmes in the areas of Relief and Recovery.
Cayman Tech City, the technology-focused special economic zone within Cayman Enterprise City, in partnership with Digital Cayman, hosted a live virtual panel of industry experts on Friday, 15 May 2020 to discuss the role of technology in Cayman’s economy.
The Chamber of Commerce continues to intensify efforts to offer critical support to local businesses and individuals through its series of free webinars, under the theme, Supporting Businesses in a Time of Crisis.
An appeal for donations has been launched by Resilience Cayman, after the newly-formed initiative received over 6,000 requests for assistance in its first month of operation. Over 5 and a half thousand alone were from laid-off workers seeking food support.
Cayman Finance fully supports actions being taken by the Cayman Islands Government to constructively engage with European Union officials with an aim to reverse an EU decision to include the jurisdiction on a list of non-cooperative jurisdictions for tax purposes.