Home Topics Department of Commerce and Investment
Topic: Department of Commerce and Investment
After a CFATF report criticised Cayman’s anti-money laundering framework in March 2019, several professions and businesses found themselves for the first time directly subjected to AML laws and regulations.
The Department of Commerce and Investment has launched a new online system for so-called Designated Non-Financial Business and Professions (DNFBPs).
Jessica Pawlik is the new head of business services and licensing in the Department of Commerce and Investment.
A growing number of trade and business licence applications is causing processing delays at the Trade and Business Licensing Board. The Department of Commerce and...
Commerce Minister Joey Hew announced that government has approved regulations that will waive the payment of trade and business licensing application fees from 1 May to 31 July. In addition, late fees from 1 March to 31 July will be waived for all applicants.
The Department of Commerce and Investment is reminding property developers that the deadline to register as a Designated Non-Financial Business and Profession for anti-money laundering purposes is Wednesday, 30 Oct.
The Department of Commerce and Investment has been awarded the Investors in People Gold accreditation.
Weeks after government workers cleared 200 tons of sargassum from Grand Cayman’s coastlines, the invasive seaweed has returned to the island.
The Department of Commerce and Investment hosted a training session for dealers in precious metals and stones on Thursday, 15 Aug
On Friday, 19 July, police officers joined with staff from the Department of Commerce and Investment and the Cayman Islands Fire Service to conduct checks of liquor-licensed premises in George Town.
The Department of Commerce and Investment issued a public notice that their office will be closed on Wednesday, 31 July, at 3pm, to facilitate a staff meeting.
The Department of Commerce and Investment is advising the public that its office will close early on Friday, 21 June.
The Department of Commerce and Investment will host half-day workshops to help real estate agents and brokers, and dealers in precious metals and stones with government’s mandatory registration process.
The Department of Commerce & Investment is introducing four new board policies as part of effective anti-money laundering regulation.
Department of Commerce & Investment Director Ryan Rajkumarsingh has won 2018’s Head of Department of the Year Award for the Ministry of Commerce, Planning and Infrastructure.
The Department of Commerce and Investment will close at midday Friday, March 22, to facilitate a staff function. The department will resume normal business hours on Monday, March 25.
A tour operator who rents beach chairs to cruise tourists on a stretch of beach in West Bay says the beach land belongs to his family and that all the necessary business licenses have been obtained, after a Facebook photo of the sun loungers and umbrellas led to criticism of the venture on social media.
The Liquor Licensing Board has approved a blanket extension for bars, nightclubs, restaurants and hotels for New Year’s Eve.
The Department of Commerce and Investment (DCI) will close early, at noon on Friday, Dec. 14, 2018 to facilitate its staff Christmas luncheon.
Police and enforcement officers from the Department of Commerce and Investment are cracking down on unlicensed events in George Town that have prompted neighbors to complain about excessive noise and nuisance in recent weeks.
The Department of Commerce and Investment found a way to come to the rescue of a Cayman citizen.
The Trade and Business Licensing Board will hold its last meeting of the year on Dec. 12. Meetings will resume in 2018 on Jan. 9, the Department of Commerce and Investment announced Friday.
The Cayman Islands Small Business Association organized an expo featuring 20 vendors and several government departments at the Sir Vassel Johnson Hall in the University College of the Cayman Islands on Oct. 21.
With the Financial Action Task Force set to evaluate Cayman’s safeguards against money laundering and terrorist financing in less than two months, the Department of Commerce and Investment held a workshop on Thursday to let designated non-financial businesses know their reporting obligations.
Three defendants’ court cases have been affected by a recent grant of permission to operate a business on the public beach.
The six-month saga of a Red Bay convenience store’s efforts to obtain a license to sell alcohol on Sundays took another odd twist late last week when a government employee suddenly appeared at a local lawyer’s office with a $1,000 check.
An internal document from the Department of Commerce and Investment appears to confirm that the Liquor Licensing Board granted permission to Red Bay convenience store Peanuts to sell alcohol on Sundays.
Lawyers acting for Peanuts convenience store have written to the Liquor Board of Grand Cayman seeking clarification over a new notification from the board which suggests that the business was granted a liquor license to sell alcohol on Sundays.
During its controversial March meeting, the Liquor Licensing Board of Grand Cayman granted an application from a gas station to sell alcohol on Sundays and, further, agreed that all gas stations that applied could obtain similar permission, according to an original set of minutes obtained by the Cayman Compass.
Government has ordered an independent inquiry into the liquor board’s handling of an application from a gas station to serve alcohol on Sundays. The inquiry follows reports and an editorial in the Cayman Compass highlighting concerns over an application from Peanuts convenience store at the Red Bay gas station for a “retail license.”
The Cayman Islands will be “dry” on Wednesday – no alcohol sales are allowed – between 7 a.m. and 7 p.m. as per the Elections Law.
The Department of Commerce and Investment, including its Business Licensing Counter on the first floor of the Government Administration Building, will close at 3 p.m. on Wednesday, Jan. 18, for a staff meeting.
People seeking new trade and business licenses or renewals are advised to submit applications by the end of this month if they want their applications processed before 2017, according to the Department of Commerce and Investment.
A number of unlicensed vendors operating on Grand Cayman’s Public Beach were fined $500 last month and told to pay up or go to court.
CIIPA invites all to annual gala; IP Office stages enforcement training for copyright law; and Caymanian law trainee admitted as attorney-at-law
There has been a slow trickle of liquor license renewal applications arriving at the Department of Commerce and Investment, prompting the department to remind licensees that the Friday, Aug. 19 deadline is looming.
CUC declares dividend; New Walkers attorney admitted to Bar; Appleby shortlisted for 2017 IFC Caribbean Award and more.
As regular readers of this editorial column are aware, we don’t normally advocate for the nationalization of a private sector industry. But hear us out …
Trade officers with the Department of Commerce and Investment have issued warnings to 36 unlicensed businesses who operate on public land.
Early liquor licensing renewals encouraged; Harneys admits Caymanian lawyer to Bar; Maples and CIASA continue partnership for swimmers; Appleby awards 2016 student scholarships
A bill that will seek to prevent money launderers and terrorist financiers from using non-financial services-related businesses in the Cayman Islands to carry out their illicit deeds is expected to come before lawmakers in the fall, Financial Services and Commerce Minister Wayne Panton confirmed this week.
Warning citations were handed out to more than a dozen vendors along Seven Mile and West Bay Public Beaches over the past week as the Department of Commerce and Investment responded to long-standing complaints about unlicensed or even dangerous activities in the popular tourist areas.
Four new staff members have joined the Department of Commerce and Investment over the past month to bolster business licensing enforcement and customer service, according to the department.
The Ministry of Financial Services is hosting a public meeting Thursday night to explain the requirements of the new Trade and Business Law.
Special economic zone company Fabrilink SEZC, a wholly owned subsidiary of global manufacturing company Fabrinet, has announced plans to establish an engineering design center...