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Month: March 2013

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AIFMD to be implemented by Cayman Islands

Deputy Premier and Minister for Financial Services, The Hon. Rolston Anglin, JP Cayman’s Readiness for the Implementation of the Alternative Investment Fund Managers Directive (AIFMD) Friday, 15 March 2013 | Cayman Islands Legislative Assembly Madam Speaker, in late 2010, the…

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Dep. Cayman Premier gets driving ban

Georgina Wilcox Deputy Cayman Islands Premier, Hon. Rolston Anglin’s drunk-driving sentencing was executed on Tuesday (26). The Deputy Premier, who is also Education Minister, was banned from driving for 12 months, fined CI$500 and ordered to pay the crown’s costs of…

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Developments in the CAROSAI Region

From International Journal of Government Auditing The 21 members of the Caribbean Organization of Supreme Audit Institutions (CAROSAI) carry out their mandates against the background of rapidly changing environments and emerging accountability issues. Many face tremendous challenges in the areas…

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Pension withdrawals contribute KYD$4.1M to economy

The Cayman Islands National Pensions Law was amended in 2011 to allow pension members a one-time withdrawal of up to KYD$35,000.00 from their pension plan to purchase a home, construct a home, pay off an existing mortgage or purchase residential…

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Cayman Islands continue towards AIFMD readiness

The Cayman Islands Government (CIG) confirmed on 25 March its continuing implementation of measures which will ensure that the Cayman Islands Monetary Authority (CIMA) will be ready for the July 2013 implementation of Europe’s Alternative Investment Fund Managers Directive (AIFMD)….

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Cayman Catboat Club joins Cayman’s traditional Easter celebrations

Camana Bay, George Town (Tuesday 26 March 2013): Local maritime and holiday traditions will meet over the Easter Weekend, as the Cayman Catboat Club gears up for the 8th Annual Cayman Catboat Easter Regatta, taking place on Easter Saturday at…

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Cayman Dreams

Even relaxation has a sophisticated twist in the Cayman Islands. In this quintessential tropical paradise, where the crystal-clear turquoise waters of the Caribbean lap against idyllic sun-drenched white sand beaches, the stunning scenery is only the beginning of the attractions. Among the stylish…

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Fire Safety for Easter

The Department of Environmental Health (DEH) under the Ministry of Finance District Administration, Works, Lands and Agriculture (FINANCE DAWLA) and Fire department officials are urging the public to observe proper fire safety and disposal of fire debris during this camping…