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Topic: Attorney General Samuel Bulgin
On the eve of being reassessed by the Financial Action Task Force, the Cayman Islands government said it had made significant achievements in responding to a critical evaluation of its anti-money laundering regime.
The Financial Reporting Authority faced a particularly challenging year in 2019 following a 22% increase in suspicious activity reports, staff resignations and the ongoing demands of the Caribbean Action Task Force anti-money laundering evaluation process.
Amendments to the Registered Lands Law to address concerns over foreclosures in Cayman will be making its way to the Legislative Assembly near year’s end, Attorney General Samuel Bulgin said Thursday.
Missing mom Anna Evans has been etched into the law books of the Cayman Islands as legislators agreed Wednesday night to rename the Presumption of Death Law in her memory.
Premier Alden McLaughlin heads to the US where he is set to address two conferences this week aimed at discussing issues impacting the local financial services industry.
Government has started the process to create legislation to resolve the issue of same-sex unions in the Cayman Islands.
The Cayman Islands anti-money laundering and terrorist financing regime underwent significant changes in 2019 and Attorney General Samuel Bulgin has said it will continue this year.
A permanent memorial has been dedicated in honour of the late Cayman Compass journalist Carol Winker.
In March of 2019, the Caribbean Financial Action Task Force released a mutual evaluation report that found the Cayman Islands has major shortcomings in its ability to analyse and understand the risks from money laundering and terrorism financing.
Late last week, Attorney General Samuel Bulgin announced that government was calling “time out” on proposed amendments which would have drastically increased penalties for a wide variety of gambling-related crimes.