October 4, 2019 3:23 pm
Private, Public Sectors Join to Fight Financial Crime
Professional money laundering, how to spot terrorism financing, and financial crime involving complex corporate structures was discussed during the Financial Crime Investigation Unit’s (FCIU) recent Stakeholders Forum.
October 2, 2019 3:22 pm
Kiosks Offer Company Information
General Registry has made the names of directors and their alternates of any company incorporated in the Cayman Islands available for inspection as of 1 October.
September 23, 2019 3:21 pm
CFATF Work Promoted at Proliferation Financing Seminar
During a recent private-sector event, Government updated the Cayman Islands financial services industry on the Islands’ counter-proliferation financing (CPF) framework, as part of the work being done to further strengthen Cayman’s anti-money laundering and counter financing of terrorism (AML/CFT) regime.
September 10, 2019 3:18 pm
Cayman Readies for Anti-Money Laundering Update
As the Cayman Islands prepares to update the Caribbean Financial Action Task Force (CFATF) on our improved framework for deterring and detecting money laundering, terrorist financing, and proliferation financing, Government has further strengthened the team of persons who are supporting our efforts.
September 9, 2019 3:16 pm
Registrar Speaks to NPOs on AML/CFT Risks
The Registrar for NPOs (non-profit organisations) addressed dozens of charitable organisations on their money laundering, terrorist financing, targeted financial sanctions and proliferation financing risks at an information session on Thursday, 5 September at the Government Administration Building.
August 23, 2019 3:16 pm
Trust Regulations Take Effect
Two pieces of legislation to clarify Cayman’s regime for trusts are now in force, as the Private Trust Companies (Amendment) (No. 2) Regulations, 2019 and Trusts (Transparency) Regulations, 2019 were gazetted on Friday, 16 August.
July 18, 2019 3:08 pm
Minister Rivers Discusses Tax and Regulation with US Lawmakers
Financial Services Minister Tara Rivers visited the US Capitol in Washington, DC last week, where she described the Cayman Islands’ financial services industry and emphasised Cayman’s leadership role in combatting money laundering and ensuring tax transparency in meetings with Justin Muzinich, the Deputy Secretary of the United States Treasury, US Senators, Members of Congress, senior Congressional staff, and other federal agency officials.
July 11, 2019 3:06 pm
LA Bills to Further Enhance Cayman’s AML/CFT Regime
Government is presenting 11 bills, to further strengthen Cayman’s anti-money laundering and counter financing of terrorism (AML/CFT) regime, to the Legislative Assembly on Wednesday, 24 July. There will also be two separate bills to handle administrative matters for the Auditors Oversight Authority (AOA) and the Cayman Islands Monetary Authority (CIMA).
June 26, 2019 3:05 pm
Registrar Offers Governance Training for NPOs
The Registrar for NPOs (non-profit organisations) will be staging a training session on corporate governance for charitable organisations in the Cayman Islands on Tuesday, 2 July from 5:30pm to 7:30pm in room 1038 of the Government Administration Building.
April 17, 2019 3:00 pm
Public Consultation Begins on Amendment to Securities Law
Government plans to broaden Cayman’s regulatory regime for securities and investments via The Securities Investment Business (Amendment) Bill, 2019, which became available for public consultation yesterday (Tuesday, 16 April).