UN panel: Tax abuse, corruption plague global finance

CIMA places Premier Assurance Group in controllership

SEC fines fund administrator

New cyber-security course at Cayman Code Academy

Business in brief

CLO listings on Cayman Stock Exchange only marginally down

Cayman resident arrested in US for stock fraud

Money remittances drop by $26 million

Consumer prices up 1% in the second quarter

Cayman companies file second-most blockchain patents in US

Business in brief

Industry survey: Hedge funds remain resilient amid COVID-19

Cayman National in George Town

Cayman National closes Buckingham Square branch

OECD boosts economic outlook

Carnival to lose close to $3 billion in third quarter

Maples mentors Junior Achievement students

DCI appoints head of business services and licensing

Businesses called on to join virtual festival

Hedge funds extend five-month surge

OECD unemployment falls

Management shake-up at Greenlight Re

Butterfield Bank and other financial institutions are offering mortgage relief to customers impacted by the coronavirus crisis.

Butterfield appoints new senior managers

Cyber crime scam

Report reveals how criminals launder money after a cyber heist

Cayman’s courts have ramped up their emergency contingency plan to counter COVID-19 issues.

Liquidators sue Platinum auditors BDO

ESO starts new labour force survey later this month

Fa’amoe leaves OfReg

SMP Group rebrands to Suntera Global

Leadership Cayman programme resumes

New bill aims to reform foreclosures

Internet: Does Cayman need a third subsea cable?

Centre for Business Development officially opens

Kalo joins INSOL’s Group of 36

Business in brief

Pension withdrawals

Fidelity Pension Plan confirms payment of withdrawal applications

Intertrust and DMS Governance move to Camana Bay

G20 international trade in goods recovered in May, June

Business in brief

Growth versus capital preservation

Bermuda and Cayman at opposite ends of fiscal policy

OfReg consults public on fuel sector consumer-protection regulations

The Caribbean Utilities Company

CUC aims to raise funds with rights offering

OECD countries report unprecedented fall in GDP

Fidelity Bank sells pension and insurance business

Global banks hit with US$5.6 billion in compliance fines in 2020

Business in brief

General Registry counter partially reopens Monday

Government plans new corporate restructuring regime

Intertrust launches law firm in Cayman

The Caribbean Utilities Company

CUC defers price increase to 2021

Banks announce faster system to clear local cheques

Government projects 7.2% economic contraction in 2020

Consolidated Water reports lower water sales, net loss in Q2

Ombudsman orders registrar to stop collecting personal information

Finance Minister: No direct taxation considered

Clients of Maples Group donate to LIFE and The Pines

ESG funds recover strongly, hitting $1 trillion

Investing with a purpose – the ESG way

Strong hedge fund performance in July

Business in brief

Leading indicators strengthen after crisis in all major economies

Record merchandise imports in 2019

Close to 11,200 private funds register with CIMA

Should Cayman offer a COVID safe haven for remote workers?

Health City parent company posts quarterly loss

Bermuda, Barbados launch digital nomad visas

OECD assesses Cayman’s process to resolve double-taxation disputes

COVID-19 hits CUC’s quarterly results

Equiom acquires HF Fund Services

Challenging year for Financial Reporting Authority

OfReg lacks legal resources to effectively regulate telecoms

Protecting wealth against inflation in a post-Covid world

Joint venture partners to develop townhomes

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