The Caribbean Utilities Company

CUC partners with Electriq Power in residential battery storage project

Logic launches wireless broadband internet in the eastern districts

CIMA asks banks for feedback on proposed US travel rule change

OfReg consults stakeholders on its fuels market assessment

Acumen partners with Blue Bison, ‘restarts’ in Cayman

Stock dividends on the rise

US tax plan takes aim at offshore centres

McAlpine to plead guilty to securities fraud

Yellen calls for global minimum tax rate

RBC completes sale of Eastern Caribbean banking operations

CIMA cancels more than 1,300 director registrations

Government projects larger budget deficits in 2021 and 2022

Residential solar industry in turmoil

Regulator defends solar decision

Consumer prices 1% higher in 2020

Caymanian unemployment rate increased to 8.3% at the end of 2020

Health insurance giant Generali pulls out of Cayman

CIMA hands out $72,800 anti-money laundering fine to Star Insurance

SALT Wireless granted internet exchange point licence

Proven Investments to buy Fidelity Bank

Business in brief

EZ Lynk disputes US government allegations

OfReg issues regulatory framework for local internet exchange points

Company executives more optimistic but pandemic remains main threat

Congressional Democrats release bill targeting corporate tax loopholes

Greenlight Re returns to profit on investment gains

Dart Real Estate begins pre-leasing new 10-storey commercial building

Business in brief

RBC launches Caribbean advisory and consultancy business

Core government’s 2020 budget deficit only $38 million

US sues Cayman firm over disabling car-emission controls

OECD increases 2021 global economic growth forecast to 5.6%

Economy shrank by 8.2% in first three quarters of 2020

SILO and BDO form regtech joint venture

EY aims to be carbon negative in 2021

Anti-money laundering: Cayman is held to a higher standard

Global prime market disruption

OECD report targets professionals enabling tax crimes

Jamaica National to convert Cayman entity into commercial bank

More demand for trade and business licences

Global trade recovers but container shortage lingers on

Planning for higher inflation

Cayman placed on FATF grey list

Real Madrid criticised over ‘tax haven’ investment deal

Channel Capital launches offshore governance services

EU adds Dominica to tax blacklist, removes Barbados

Incubator to offer workspace for small businesses

Mixed Brexit impact on the Overseas Territories

Financial markets turn to optimism as economies are poised to recover

OECD area economic growth slowed in 4Q 2020

Financial services ministry hires US PR firm for $300K

JTC acquires alternative investment fund specialist INDOS

Registry enforces beneficial ownership regime with fines

CUC cuts Flow’s ‘unauthorised’ telecom connections from 14 sites

CUC (Caribbean Utilities Company) office in Cayman Islands

CUC electricity sales and earnings fall

Upskilling critical to meet digital transformation targets in region

COVID-19 and business interruption insurance claims

Cayman biggest contributor to Butterfield’s full year earnings

Economy contracted by 11.4% in first half of 2020

Property stamp duties help contain budget deficit

The Caribbean Utilities Company

Consumers to see higher electricity bills

Cayman financial investigators freeze US$200 million

Economy, education and pension reform top priorities for Chamber

Business in brief

Government budget deficit smaller than expected

Pandemic exit strategies

Dart Real Estate announces 10-storey apartment building in Camana Bay

Investor briefing highlights Cayman’s stability, new regulations

Walkers wins appeal in Brazilian banker’s client confidentiality case

Small businesses to get one-off payment

Cayman needs office in EU to fight blacklist proposal

Virtual asset services enforcement takes effect

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