Further to our Editorial today (7) and our Exclusive Front Page story on Thu (6) re An amendment to Section 59(1) of the Cayman Islands Companies Law requires “all Cayman companies to keep AT THEIR REGISTERED OFFICE proper books and records together with underlying documentation including contracts and invoices relating to all money received and paid, all sales and purchases and all assets and liabilities”,

the following is a

Statement from The Cayman islands Government Ministry of Finance Marketing and Communications Unit

Friday, 7 September 2012

The Companies (Amendment) Bill, 2012 

George Town, Grand Cayman – The Cayman Islands Government underscores to the financial services industry and the public that the Companies (Amendment) Bill, 2012, is not in effect.

Government is aware of industry concerns, and is working to make appropriate changes to address them.