High of 82 Low of 72 Seas: Rough with wave heights of 4 to 6 feet. Small craft should exercise caution over open water. ESTABLISHED 1965 www.caymancompass.com – 50 CENTS – WEDNESDAY FEBRUARY 1, 2017 EDITORIAL | PAGE 4 ‘ONE MAN, ONE VOTE’: MAKING SENSE OF THE ELECTORAL MULTITUDES 1 in 2 countries have lost faith in the system Percentage of the population who believe the system is not working Above global average Aligned with global average Below global average System failing GlobalFranceItaly MexicoS. Africa Spain PolandBrazilColombia Germa ny U.K.Australia IrelandU.S. NetherlandsCanadaSweden Argentin a MalaysiaTurkey RussiaS. Kor ea Indonesia JapanIndiaHong K on g Singapor e Chinca UAE Uncertain 53 72 72 67 67 67 62 62 62 62 60 59 59 57 56 56 55 53 52 51 48 48 42 42 36 35 30 23 19 32 22 24 25 24 25 25 25 27 26 29 30 26 33 33 30 29 29 37 31 28 41 40 45 45 50 43 47 40 F E BR U ARY 20 17 • W WW .CA Y JO U R N AL .CO M 172 THIS ISSUE: SPECIAL REPORT Focus on the future >>PAGE 13 MARKETS Expect the unexpected Possible outcomes for nancial markets in 2017 >>PAGE 2 INVESTMENT Re ation causes rotation Winds on the in ation front slowly starting to change >>PAGE 3 LAW OECD’s reporting standard: Collateral damage >>PAGE 8 Journal Speci al Repo rt PAGE 13 SPECIA L REPORT February 2017 F cus on the future 2017 MANAGE CLIEN TS OBJECTIVE TOOLS ADVICE MANA GE ADV ICE SUCCEED SER VICE IMPA C T QUALITYTOO LS Business Planning • Projecting • Promoting MANAGAGAE CLIEN TS TS TOJCTIVE TO TO TOLS ADVDVD ICE SUCCEED QUAL ITY IMPACT SERVICE UNDE RSTAN DING HELP Cayman retailers turn focus to local shoppers amid dampened tourism sales Global implosion of trust KAYLA YOUNG Tumultuous politics and competi-tive pricing spelled a diffi cult year for Cayman retailers focused on tourist foot traffi c in 2016. While cruise ship and stay-over arriv- als held steady with around 2 million visi- tors, retailers felt the effects of depressed exchange rates out of Europe and uncer- tainty created by the U.S. elections. Chris Kirkconnell, vice president of op- erations for Kirk Freeport, said he noticed a slowdown last summer that has carried over into the new year. “When we look at any U.S. elec- tion, you do see people hold back on consumer spending,” said Kirkconnell, who manages duty-free shops, jewelry stores and boutiques on Seven Mile Beach and at Bayshore Mall, among other locations in Grand Cayman. “With a new U.S. administration that is only days in, we’re still waiting to see how that affects consumers out of North America,” he said. He hopes planned improvements in tourism infrastructure, including a cruise ship berthing facility and a new airport, will bring a boost in 2017 and encourage greater foot traffi c. Phuong Buettner, Cayman retail manager of Penha Freeport, said mar- keting to cruise ships and hotels can be diffi cult. While she has seen Penha’s cosmet- ics and perfume shops increase in pop- ularity among local shoppers, the tour- ist segment remains diffi cult. Shopping opportunities on ship and loyalty shop- per programs make for strong competi- tion with cruise ships. “They are selling the same products, fragrances, cosmetics, etc., and they also give a very deep discount to their customers,” she said. Ships carrying Latin American and European passengers typically produce better sales than those from the U.S., she said. In January, she noticed par- ticular interest from passengers from Spain, Costa Rica, Venezuela and Bra- zil, drawn in by competitive prices com- pared to shopping back home. MICHAEL KLEIN Public trust in the institutions of government, business, the media and nongovernmental organizations is in freefall, according to a survey in the 2017 Edelman Trust Barometer.In two-thirds of the 28 countries surveyed, more than half of the public no longer trusts mainstream institutions to do what is right. Trust in the media, especially, has fallen dramatically and is at an all- time low in 17 countries, the survey found.Trust in government fell in 14 countries, making it the least trusted institution in half of the countries.The credibility of leaders has also taken a hit. CEO credibility plummeted in every country and is at an all-time low. Government offi cials remain the most distrusted overall. Most signifi cantly, more than half of those sur- veyed worldwide believe that the current system has failed them, is unfair and offers little hope for the future. Only 15 percent are confi dent it is working.Even half of the top earners and the college edu- cated have lost faith in the economic and political system and agree that it has failed. Three major European countries – France, Italy and Spain – are in the top fi ve countries where the public has the least faith in the current system, to- gether with Mexico and South Africa. “The implications of the global trust crisis are deep and wide-ranging,” said Richard Edelman, CEO of public relations fi rm Edelman. “It began with the Great Recession of 2008, but like the sec- ond and third waves of a tsunami, globalization and technological change have further weakened peo- ple’s trust in global institutions. The consequence is virulent populism and nationalism as the mass population has taken control away from the elites.” Shrinking middle class One indication of the perceived “system failure” in the United States is the shrinking of the middle class during the past four decades.A 2015 Pew Research Center study noted that for the fi rst time, more Americans are in the up- per and lower income brackets than in the middle class. The share of the American adult population that lives in middle income households has fallen as middle income earners moved to both upper and lower income tiers. The share of Americans who are classed as up- per income increased more than the share of lower income Americans. But in almost half the metropoli-tan areas examined by the study, “There has been more movement down the ladder than up.”This shift is partly explained by a decline in the median household income in the U.S. from $67,673 in 1999 to $62,462 in 2014, after the data is adjusted for household size and scaled to a household of three. Likewise during that period, the amount re- PLEASE TURN TO PAGE 8 » PLEASE TURN TO PAGE 9 » THE CAYMAN ISLANDS JOURNAL Global implosion of trust Chief justice: ‘Ritch Report’ must remain confidential FOI Commissioner’s order not ‘appropriate’ BRENT FULLER bfuller@pinnaclemedialtd.com Efforts to produce a public copy of a $312,000 immigration consultancy report were halted this week by a decision from Cayman Chief Justice Anthony Smellie. The consultancy review examined var- ious aspects of the Cayman Islands system of granting residency rights to non-Caymanians. Chief Justice Anthony Smellie was brought into the matter when Premier Alden McLaugh- lin’s ministry failed to turn over a copy of the consultant’s review at the request of the in- formation commissioner’s office. The infor- mation commissioner sought the report, not for public release, but to examine it privately to determine whether any part of it could be made public. Acting Information Commissioner Jan Liebaers ordered the Cabinet Secretary to release a copy of the report last year, using powers granted to him under the Freedom of Information Law. Premier McLaughlin re- sponded by issuing a “ministerial certificate of exemption” – preventing the Cabinet office from releasing the report to Mr. Liebaers. Premier McLaughlin’s use of the exemption certificate under Section 25 of the Freedom of Information Law was the first time that section has been used by any government minister since the FOI Law took effect on Jan. 5, 2009. Mr. McLaughlin argued that the consul- tant’s report, completed by local law firm Ritch & Conolly, amounted to legally privi- leged advice and that the advice should be protected just as any other confidential advice given by an attorney to a private citizen client. The information commissioner’s office took the matter to court, seeking a ruling by the chief justice. Chief Justice Smellie decided on Jan. 26 in favor of the premier’s position. “The starting point of the analysis must CUSTOMS FIRES TWO EMPLOYEES; OTHER CASES BEING ‘RESOLVED’ Her Majesty’s Customs service in the Cayman Islands has fired two employees since mid-2015 and has two more now on re- quired leave, Collector Charles Clifford con- firmed this week. Mr. Clifford said a customs officer and an office administrator currently on paid leave were suspended after criminal charges were filed against them. He said those outstanding matters should be “resolved” later this month. The customs service was chosen as some- thing of a guinea pig for a new program Deputy Governor Franz Manderson implemented within the civil service during late 2015. That program sought to bring back to work employees who were suspended as a result of suspected criminal activity, instituting in- ternal disciplinary proceedings against them for “gross misconduct” upon their return. The internal proceedings were initiated as a way of potentially removing the workers from the government payroll for certain unre- lated incidents of administrative misconduct, even if the criminal court cases continued to drag on, Deputy Governor Manderson said last fall. Mr. Manderson said the move was made in response to public concern over the dozens of civil servants who remain on “required leave” – fully paid suspension – for years, in some cases, without court matters being re- solved. In June, there were 31 active required leave cases, according to reports made to the Doctors: ‘Overwhelming dissatisfaction’ with healthcare finances in Cayman BRENT FULLER bfuller@pinnaclemedialtd.com Cayman’s medical health professionals are “overwhelmingly” dissatisfied with the financial aspects of the healthcare system, and told auditors several areas need signifi- cant improvement. The results were reported in a survey of 101 medical professionals in Cayman, about three-quarters of whom are physicians. The auditor general’s office conducted the survey in early 2016 as part of its review of the healthcare operation in the public and private sectors. “The survey results point to overwhelming dissatisfaction with the financial aspects of the healthcare system including affordability, insurance reimbursement and payment col- lections methods,” the survey noted. Out of 82 respondents, more than half said affordability of the healthcare services in Cayman was either “fair” or “needing im- provement.” Only about 20 percent of those responders said affordability was excellent or very good. PLEASE TURN TO PAGE 8 » PLEASE TURN TO PAGE 8 » PLEASE TURN TO PAGE 8 » Collecting patient bills is a major problem for the Cayman Islands Hospital in George Town, which has amassed tens of millions in unpaid debts over the past decade. – PHOTO: TANEOS RAMSAY2 LOCAL NEWS WEDNESDAY FEBRUARY 1, 2017 • CAYMAN COMPASS Daily Matinees Every Day $8.00 Seniors, Mon-Fri Before 6pm Cayman Cinema@cbcinema6cbcinema6 640-FILM (640-3456) *Additional charges will apply per 3D ticket requested. SATURDAY NIGHT: For your viewing pleasure, minors under the age of 18 will not be admitted to any film starting after 6pm, unless accompanied by their parent. - WEDNESDAY - RESIDENT EVIL 3D (R) 12:30 | 7:00 | 9:55 2D A DOG’S PURPOSE (PG) 12:40 | 4:00 | 6:55 | 9:50 MONSTER TRUCKS 3D (PG) 12:45 | 4:15 2D | 6:50 | 9:45 2D LIVE BY NIGHT (R) 12:50 | 3:40 | 6:40 | 9:40 UNDERWORLD: BLOOD WARS (R) 3:55 | 10:00 LA LA LAND (PG13) 12:35 | 7:05 William Ian Rivers accused of murdering Mark Travis Seymour in daylight shooting CAROL WINKER cwinker@pinnaclemedialtd.com William Ian Rivers, 38, ap- peared in Summary Court on Tuesday afternoon, charged with the murder of Mark Travis Seymour, 39, on Sat- urday, Jan. 28, in West Bay. Rivers, of West Bay, is also charged with posses- sion of an unlicensed firearm, a .357 Sturm Ruger revolver. A third charge, unlawful use of a firearm, alleges that Rivers unlawfully threatened to discharge a firearm at a named female. Director of Public Pros- ecutions Cheryll Richards told Magistrate Valdis Fol- dats that the murder charge could be dealt with only in the Grand Court. She asked that the other two charges also be transmitted to the higher court because they arose from the same inci- dent, a daylight shooting in the area of Watercourse Road and Boatswains Bay Road. Ms. Richards said identi- fication was not an issue. She told the court the Crown’s case: that Mr. Seymour was in Super C’s restaurant talking to one of the wit- nesses when Rivers rode up on a bicycle, went in and shot Mr. Seymour. Rivers walked over to where Mr. Seymour had fallen and spoke. He then went into a nearby house. Police attended the scene and Rivers fired several shots. He asked for an of- ficer by name and that officer came and spoke with him. Rivers subsequently agreed to surrender. He left the firearm in the house on the bathroom floor. It was recovered along with several live rounds of ammunition. Meanwhile, the officer who tried to assist Mr. Sey- mour found him unrespon- sive and lifeless. Rivers was later inter- viewed and made certain admissions. He was not the holder of a firearms license, Ms. Richards noted. She asked that the defen- dant be remanded in cus- tody. Defense attorney John Furniss said he was not seeking bail Tuesday. They agreed that the matter should be mentioned in Grand Court on Friday, Feb. 24. The magistrate com- mented, regarding the officer who talked with Rivers at the scene, “I think we can all say he should be commended for dealing with the matter in a professional manner.” Man charged with murder, case sent to Grand Court RCIPS officers take the shooting suspect into custody Saturday afternoon. - PHOTO: BRENT FULLER DUI ARREST IN POLE COLLISION A 27-year-old George Town man was arrested on suspi- cion of drunken driving after a truck he was driving Saturday night crashed into a Caribbean Utilities Co. pole near the en- trance to Lakeside apartments. The crash was reported around 11:30 p.m. along the Esterley Tibbetts Highway. Police arrived to find a Ford pick-up truck turned on its side. Another vehicle, a Ford Edge, was also involved in the crash. Police said the pick-up truck driver was arrested and the other driver was taken to hospital, where he was treated and released. Nine recruits started an intensive eight-week training course Monday as they prepare to join Her Majesty’s Cayman Islands Prison Service. The seven men and two women in the new recruit- ment class were among 200 applicants who signed up at the Joint Law Enforcement Job Fair last September, ac- cording to a press release from prison officials. Four Caymanians, one permanent residency holder and four residents earned a spot in the final selection process after passing var- ious tests. Currently they are covering theory and prac- tical application of prison craft, according to the press release. “These individuals will be exposed to a great deal of learning in critical areas such as prison policy and proper procedures, how to conduct searches, control and restraint techniques, re- habilitation strategies and other required techniques that help maintain good order within the prison,” said Prison Director Neil Lavis. After completing their training course, the recruits will spend four weeks shad- owing veteran prison offi- cers as part of their on-the- job training. “They are extremely eager to assume the difficult and sometimes dangerous work that goes with being a prison officer,” Mr. Lavis said. “This group has shown tremendous drive and dedi- cation thus far, and I look forward to what the future holds for them here at the Prison Service.” Nine new recruits for prison service The latest prison recruitment class consists of, back row, from left, Avery Ebanks, Tavarist Fowler, Lowell Connor, Dewayne Brown and Derick Johnson, and, front row, from left, Jerome Burrowes, Ashley Ebanks, Tracy Ann Bodden and Gerald Otieno. BUSINESSMAN FINED FOR RECORDS OFFENSES Failure to comply with requests for employment information CAROL WINKER cwinker@pinnaclemedialtd.com Oral Masters, trading as Blue Marlin and Welly’s Cool Spot, was fined $1,000 Monday after pleading guilty to failure to pro- duce documents as required by the Labour and Pen- sions Department. Defense attorney Lloyd Samson said Masters had been running the establish- ments since 1993 and had no previous convictions. Re- cently, he delegated responsi- bilities to other people: “They failed him miserably,” Mr. Samson told the court. “He is now in back in the driver’s seat. I doubt we’ll have any further problems.” Mr. Samson confirmed that Welly’s, off Sound Way, has been operating since the 1960s. No date was given for how long the Blue Marlin, on Eastern Avenue, had been in operation but local publica- tions refer to it from the mid- 1970s. Magistrate Valdis Fol- dats said Masters had a long track record, but the people he had deputized “didn’t live up to your obviously high standards.” Senior Crown counsel Candia James explained that the director of the Labour and Pensions Department signed a letter on July 29, 2015, requesting employment contracts and time sheets for employees at the two restau- rants for Jan. 1 to June 30, 2015. The letter was deliv- ered by hand on Aug. 3 and requested the information by Aug. 12, 2015. As of Oct. 5, 2015, there was no compliance. The matter was first sent to court on April 5, 2016, but no summons had been served. The defendant entered guilty pleas on Aug. 29, 2016. The magistrate pointed out that the law was regula- tory – to make sure the proper authorities can check that employers are doing the right thing for their employees. He said he had to send a message that letters from such authorities must be obeyed. People who delegate duties must make sure the work is being done, he said. The maximum sentence is a fine of $2,000, the mag- istrate noted. He set his starting point at $1,000. By pleading guilty, Masters showed he took responsi- bility, the magistrate said. For that reason, the fine was reduced to $500 for each of- fense, a total of $1,000. Magistrate Foldats said the sentence was aimed at general deterrence so that employers would know they must comply. Magistrate Foldats said the sentence was aimed at general deterrence, so that all employers would know they must comply.The islands’ most-trusted news source 3 CAYMAN COMPASS • WEDNESDAY FEBRUARY 1, 2017 Dining Sunday, 12 February, 12:30 p.m. Pre-Valentine’s Day “Eat Your Heart Out” Brunch at SEVEN $120 CI with Champagne, $80 CI without Champagne, $30 CI for children This Valentine’s-themed edition of Sunday Brunch will inspire with selections to please every palate. Guests are invited to enjoy “Love Me Tenderloin” Beef Wellington, Sausage-Stu ed Suckling Pig, Cedar Plank Salmon, an omelet station, Cherries Jubilee crêpe station, Passionate Scallops, My Little Lamb Chops, oysters, Lovely Lobster Linguini and more. Caviar, an iced seafood station and an enticing array of breakfast favorites will also be o ered, as well as a tempting array of romantic desserts. Further event highlights will include live music, a love quote photo booth, a love letter writing station, a candy/gi cart and three unique beverage stations. Reservations are required and may be made by calling 345-815-6912. Tuesday, 14 February, 6:00-10:00 p.m. Valentine’s à la Carte Dinner at SEVEN The restaurant’s regular dinner menu will be supplemented by a special Valentine’s selection Tuesday, 14 February, from 7:00 p.m. Valentine’s Evening Beach Bed Experience $225 CI Couples can celebrate the most romantic evening of the year as they lounge on a Seven Mile Beach Daybed while dining under the stars. Seven lucky couples can experience this memorable o ering, to be presented on the resort front row at the water’s edge. A special Bed Butler will serve a teapot arrival cocktail for two, along with a two-course bed-tray of chilled savories including ceviche, pâté, cheese, charcuterie, accompaniments and bread. A second bed-tray selection of Valentine’s sweet treats will follow. Additional food and beverage orders may be purchased à la carte. FOR FURTHER INFORMATION on The Ritz-Carlton, Grand Cayman, please call +1 (345) 943-9000. Celebrate Valentine’s day throughout the month of February with romantic temptations throughout the resort. Highlights include a one-of-a-kind Beach Bed dining experience, a special edition of Sunday Brunch, and spa indulgences at la prairie. Spa Throughout February Soul Mate at la prairie spa $510 USD / $408 CI A very special experience for two, this indulgent spa package includes: • Couples Massage (side-by-side), 45 minutes • Customized Facial, 45 minutes Throughout February Romantic Rescue at la prairie spa $323 USD / $258.40 CI All the luxury and brilliance of the Perfect Couples Manicure and Pedicure, combined with a relaxing hand and foot hot stone massage. This experience for two includes: • Silver Rain Manicure, 45 minutes • Silver Rain Pedicure, 60 minutes Spa guests will receive a complimentary treat of a chocolate-covered strawberry and glass of Champagne on Valentine’s Day itself, 14 February. A 20% gratuity is added to all spa treatment charges. FOR DINING RESERVATIONS, call +1 (345) 815-6912. To reserve a spa experience, call +1 (345) 815-6900.The islands’ most-trusted news source 4 – EDITORIAL – Opinion&Letters The Cayman Compass welcomes comments, opinions and viewpoints from readers. Letters to the editor can be emailed to editor@pinnaclemedialtd.com, submitted via www.caymancompass.com, sent by post or hand-delivered to the Compass office. PRINTED AND PUBLISHED BY: Caymanian Compass Limited (a subsidiary of Pinnacle Media Ltd) Compass Centre Shedden Road, George Town SEND US YOUR VIEWS OR NEWS: P.O. Box 1365 Grand Cayman KY1-1108, Cayman Islands Telephone: (345) 815-0095 Email: newsdesk@pinnaclemedialtd.com ADVERTISE WITH US: Telephone: (345) 949-5111 Email: sales@pinnaclemedialtd.com Website: www.caymancompass.com PUBLISHERS DAVID R. LEGGE AND VICKI L. LEGGE EDITOR-IN-CHIEF DAVID R. LEGGE EXECUTIVE EDITOR PATRICK BRENDEL A MEMBER OF THE INTER-AMERICAN PRESS ASSOCIATION “Give light and the people will findtheirownway” WEDNESDAY FEBRUARY 1, 2017 • CAYMAN COMPASS Come one, come all. Step right up and try your luck! The name of the game is “Run for Office,” and there are 19 single-member districts to choose from in the Cayman Islands. Big prizes, too: six-figure salaries, fancy titles (“Honourable” for some for life), plenty of paid travel, the chance to perform before television cameras and opportunities to meet famous and important people. No experience or education requirements. A word of caution: Competition is fierce — and crowded — with more than 60 confirmed or potential candidates already, and two months still to go until the official nomina- tion day, March 29. Even if the number of candidates remains at 60, it will eclipse Cayman’s previous record for candidates (57), but we’re expecting far more than that … 100 is well within the realm of possibility. Scores of candidates are organizing themselves into coalitions (two or three at last count), parties (two), and various assemblages of independents (which could coalesce into parties or less-formal groups by polling day, May 24). The current confusion is an inevitable outgrowth of the “one man, one vote” system instituted by the current Pro- gressives government, which has introduced a heretofore unheard-of degree of complexity, and potential risk, to the political process in our tiny corner of the world. Proponents of “one man, one vote” argued that Cayman’s historical system of multimember constituencies generated inequalities in representation on the district level because, for example, in 2013, George Town had six representatives and North Side only had one. At the same time, however, nearly 13 times as many ballots were cast in George Town as in North Side — so it could be argued that George Town was actually underrepresented compared to North Side. As we’ve pointed out before, because map makers chose to preserve the traditional boundaries of North Side and East End, the new “one man, one vote” system did nothing to address the district-level inequalities. There were other considerations and consequences: Consider that under the rules in place from 2013-2017, each resident in George Town has six elected representatives. That means a George Towner who has a problem could approach, for example, MLA Kurt Tibbetts. If Mr. Tibbetts were unable or unwilling to help, the resident could go to MLA Roy McTaggart, then Premier Alden McLaughlin, MLA Marco Archer, and so on. Under the new “one man, one vote” system, the same George Towner — let’s say he resides in “George Town East” — will have only one representative. If his MLA can’t or won’t help, then the resident will have no recourse to any other elected representative, at least not with the all-important leverage of being a constituent. Then think about this separate, but related, issue caused by the smallness of the districts, which range in size from 511 registered voters (Cayman Brac East) to 1,465 registered voters (Bodden Town East), as of Jan. 12. Most “mini-dis- tricts” contain about 1,200 voters. If three candidates run in Cayman Brac East and the vote is split nearly equally, the winning candidate could emerge victorious on the strength of a mere 171 votes — and then could go on to be chosen premier of the entire country. Because the mini-districts are so small and the number of candidates so large, no one can predict with certainty how the 2017 election will unfold. The Compass’s mission, as best we can, is to untangle the strands of the electoral spaghetti, and to explain the issues, fundamentals and dynamics of the 2017 election in the clearest and simplest language and graphics we can muster. We will devote all of our resources — reporters, photogra- phers, designers, editors, in print, online and otherwise — to this stated goal: clarity and simplicity. ‘One man, one vote’: Making sense of the electoral multitudes Useless anti–money laundering laws Invasive financial rules only deter the law-abiding Governments occasionally pass laws with good intent but which backfire because they were poorly thought out and created perverse incentives, making the situation far worse. The current effort to stop money laundering has turned into a disaster for the global poor, who can no longer get bank accounts or easily and le- gally transfer money (remit- tances) to their relatives in poor countries. The anti–money laun- dering laws and regulations have made international trade and investment more expensive, thus perpetuating poverty. They have destroyed much legitimate financial privacy, and they have undermined the rule of law by destroying due process. Serious drug dealers, criminals, tax evaders and terrorists can find plenty of legal and illegal ways to launder money. In 1919, the 18th Amend- ment to the Constitution was passed, prohibiting “the manu- facture, sale, or transportation of intoxicating liquors.” It was a disaster. A large portion of the population refused to go along with it and found ways to acquire and consume booze despite the law. Prohibition provided huge profits for boot- leggers and gave rise to orga- nized crime. The situation be- came so bad that in 1933 the 18th Amendment was repealed. More recently, the so-called Affordable Care Act (Obamacare) was passed with the intent of providing health insurance to all Americans, while enabling them to keep their own doctors and re- ducing medical costs. The system has not worked, because it was predicated on the false idea that young, healthy people would be willing to buy high-cost insur- ance to subsidize the elderly and the ill. This has not happened. People have lost choice in health care providers, while the costs to the taxpayer have soared. Out of necessity, it is in the process of being repealed before it leads to bankruptcies for more insurance companies and even government. Money laundering is nor- mally defined as transforming the profits of crime into appar- ently legitimate assets. In the United States before 1986, it was not a separate crime and hence, there was no criminal specialty in money laundering. With the increasing concern about the expansion of the drug trade, the first anti–money laundering bills were passed in the 1980s as well as the in- creasing legalization of asset forfeiture. After the 2001 terror attacks, the rationale for the anti–money laundering effort increasingly became to prohibit terrorist finance; and over the past decade, the rationale has increasingly become to prevent tax avoidance and evasion. Money laundering fits under the definition of vague law be- cause, unlike murder or rob- bery, it is not a crime of an act but one of “intent.” Two different people can engage in the same physical transactions, but if one intends to hide the source of the proceeds of funds and another does not, they can be treated very differently. This leads to many problems and substan- tial prosecutorial abuse. It is not only banks and financial in- stitutions that are supposed to know the source of their clients’ funds, but also such diverse people as car dealers, pawnbro- kers, real estate agents, and on and on. Often, it is not consid- ered good enough to know the source of a customer’s funds (often a near-impossibility), but the source of the funds of the customer’s customer. The result is that banks and other financial institutions in- creasingly refuse to open ac- counts for low-income people, who are then forced to deal in cash or with those in the fi- nancial underground. There is a very high fixed cost for banks and others to do “due diligence” on their customers – the costs being roughly the same for a $5,000 deposit, a $500,000 de- posit or a $5,000,000 deposit. Given the massive penalties banks and other financial insti- tutions are subject to for making even an unintentional mistake, their safest course of action is to drop small customers. The ever-increasing compli- ance costs on financial insti- tutions have resulted in much less consumer choice, as small banks and others are forced into mergers because of these costs. Americans living abroad find it increasingly difficult to open bank accounts regard- less of their income or wealth status, as growing U.S. financial imperialism (using the anti– money laundering campaign as an excuse) causes foreign banks to refuse to deal with U.S. per- sons. Recent academic and think tank studies show the sit- uation only getting worse – all cost and no gain. There are infinite ways to launder money, and a friend who is an expert in finding proceeds of crime just sent me a list of a number of ways he has seen that are almost unde- tectable and unprovable. (I re- frain from printing them here in order to avoid being accused of aiding the criminal class.) The point is that the smart and rich can find plenty of ways to launder money, but the poor, in- cluding poor countries, and the honest pay a huge price for all of the additional compliance costs, which reduces productive global capital formation and real incomes. The beneficiaries of these laws and regulations are all of the international bureaucrats at the Organization for Eco- nomic Co-operation and Devel- opment, Financial Action Task Force, United Nations and In- ternational Monetary Fund, who formulate and enforce the rules, while enjoying tax-free salaries and, of course, the lib- erty-hating political class who has gained more power over others’ lives. Anti–money laun- dering laws and regulations can neither be cost-effective nor can they avoid destroying basic liberties – and thus need to go the way of Prohibition. Richard W. Rahn, a senior fellow at the Cato Institute and chairman of the Institute for Global Economic Growth, is on the Editorial Board of Cayman Financial Review. © 2016, The Washington Times RICHARD W. RAHN RICHARD W. RAHNThe islands’ most-trusted news source 5 CAYMAN COMPASS • WEDNESDAY FEBRUARY 1, 2017 STEPCARIBBEANCONFERENCE.COM SYNERGIES, EVOLUTION, POSSIBILITIES KIMPTON SEAFIRE RESORT, GRAND CAYMAN Moving confidently through the corridors of international business, connecting with thought leaders from around the world and staying abreast of the multitude of issues and regulatory changes that have become the norm in the trust world. For almost 20 years, STEP Caribbean Conference has brought together senior professionals, emerging leaders and today’s thought leaders from around the region and around the globe. Join us as a sponsor and a delegate in Grand Cayman in 2017! Only a limited number of sponsorship slots are still available. Visit our website and reserve your spot today. Delegate registration is also now open. PRESENTING (BEACH PARTY HOST) Cayman Islands Ministry of Financial Services, Commerce and Environment SUNDAY WELCOME RECEPTION Rawlinson and Hunter GOLD SPONSORS Butterfield Trust CIBC FirstCaribbean Maples and Calder SILVER SPONSOR Appleby WI-FI SPONSOR International Wealth Tax Advisors Cross Border Tax Planning Firm SUPPLEMENT SPONSOR Ed Broking LLP LANYARD SPONSOR O'Neal Webster SPEAKER GIFT SPONSOR Cidel Bank & Trust Inc. TOTE BAG SPONSOR Higgs & Johnson COFFEE BREAK SPONSORS Bank of Nevis International and Bank of Nevis International Trust Services Inc. The Winterbotham Trust Company Limited EXHIBITORS SILO Compliance STEP TOP STUDENT AWARD SPONSOR CLT International MEDIA SPONSOR STEP Journal LEADERSHIP IS DEMONSTRATED IN A MYRIAD OF WAYS… DO YOU AND YOUR BUSINESS HAVE WHAT IT TAKES TO BE A LEADER?DISTRICT DAYS 6 District Days Sister Islands WEDNESDAY FEBRUARY 1, 2017 • CAYMAN COMPASS 50 YEARS AGO Overseas tourism entourage takes in the Brac In the February 1, 1967 edition of the Caymanian Weekly, news from Cayman Brac included: “On the 13th the Spot Bay Pri- mary School marked the coming graduation of scholars eligible for the Secondary Modern School with an impromptu programme and re- freshments. Miss Joan Hughes and Mrs. Lillian Ritch were guests. Mr. H.O. Morris the headteacher asked Mrs. Ritch to address the gradu- ates and she spoke on ‘Firsts.’” In the Jan. 24 edition, Brac Cor- respondent Lilian Ritch wrote: “Christopher McCoy, 1966’s first Cayman Brac baby celebrated his birthday on the 12th with a party given by his parents Mr. and Mrs. Samson McCoy of Spot Bay. “A very warm welcome was ac- corded the six travel agents who visited Cayman Brac on the 16th. The District Commissioner Mr. D.H. Foster, Mr. and Mrs. Anton Foster of the Buccaneer’s Inn and a goodly number of citizens among whom were Messrs. Aston Rutty, Britton Grant, Olney Scott, Ernest Foster, Cat. R.C. Foster and Mabry Kirkconnell, Mrs. Sheila Ritch and Mr. and Mrs. C.Y. Briggs, met them at the airport. While we made ac- quaintance, refreshing punch was served and the Beach Boys Band entertained. Beginning with Harry Belafonte’s ‘Island Woman’ as the visitors disembarked they gave a lively programme of calypso music which the visitors obviously en- joyed. Mr. John Thrash, who ac- companied the guests, thanked ev- eryone for the exceptionally very warm welcome. “The District Commissioner, Mr. C.Y. Briggs and Capt. Mabry Kirk- connell and Mrs. Grace Foster took the visitors on a tour of the is- land after which there was a very pleasant buffet luncheon at the Buccaneer’s Inn. This was made more enjoyable by the exchange of impressions. Host Capt. R.C. Foster extended a welcome in his open, vigorous style and was well sup- ported by Messrs. D.H. Foster, A.S. Rutty, C.Y. Briggs, Holland V. Wil- liams of Buffalo, New York (a guest of the Inn and an old friend) and Mrs. L. Ritch. Speeches empha- sized our efforts for expansion, the stability of our government, our appreciation of visitors, and our need for better air services and our new growth in education. Par- ticular praise was given to Capt. Foster for his vision and leader- ship in bringing about tourism. “Messrs. Ralph Goberna and Ted Handelman replied on behalf of the guests. The cordial welcome and gracious hospitality they said was most unexpected and will al- ways be remembered. Our sincerity of greeting deserved sincerity in reply, said Mr. Handelman and he offered the thought that our future lies more with us than we think.” Kids Pantry to benefit from Water Authority donation The Water Authority- Cayman has donated $4,108 to the Lions Club of Cayman Brac to help re- duce child hunger on the is- land. The money was raised through the Authority’s an- nual Project Angel Tree in December, according to a press release. The release states that the Authority’s employees raised $2,054, which was matched by the board. Brac Lions third vice president Nickolas DaCosta said the money will pri- marily support the service club’s Kids Pantry Project, which will provide nutri- tious snacks to children who would otherwise go to school hungry. “The pantry will be avail- able to students who do not have access to daily snacks or meals for whatever reason,” he said. Water Authority Director Gelia Frederick-van Gen- deren said the donation was the largest in the history of Project Angel Tree. “I am very proud of the level of contributions made by staff this year. I think it shows the importance that we, as an organization, place on ensuring local school- children have everything they need to succeed,” she said. In 2015, Project Angel Tree supported Feed Our Future Cayman. Mr. DaCosta said he ex- pects the money to go a long way toward getting the project off the ground. The release states that re- search shows that children who go to school hungry are less able to concentrate, have less motivation and energy, and, as a result, do not per- form as well academically. “It is very difficult to concentrate and learn on an empty stomach, and no child in the Cayman Is- lands should have to go hungry,” Dr. Frederick-van Genderen said. Water Authority human resources supervisor Yolita Parchment presents the donation to Nickolas DaCosta of the Lions Club of Cayman Brac for the Kids Pantry Project. GEORGE NOWAK Talk about getting a “one-on -one” education … it’s possible these days in Little Cayman. Ac- cording to the Cayman Islands Department of Education, primary age students at the Little Cayman Education Services facility, as it is officially known, follow the full national curriculum under the guidance of a full-time teacher and teaching assistant. In this image, the students (all four of them) at the one-room school proudly display some of their recent projects. From left, Brody Ebanks, Jhade Thompson, Brandon Ebanks and James McLean hold up posters they created after learning about the anatomy of plants that grow on the island, Discovery Day, and the Zika virus and the Aedes ae- gypti mosquito. In the background are Maxine Moore and head teacher Veronica Khan. LITTLE CAYMAN STUDENTS SHOW OFF RECENT PROJECTS Students and teachers at the Little Cayman school. - PHOTO: GEORGE NOWAKDISTRICT DAYS 7 District Days Sister Islands CAYMAN COMPASS • WEDNESDAY FEBRUARY 1, 2017 Sock Hop raises money for conservation Cayman Brac’s second annual Sock Hop had guests shaking, rattling and rolling into the wee hours last weekend to raise money for the Cayman Brac Committee for the National Trust. The event at Public Beach included tunes by DJ Mark Knowlton, a meal and ice cream soda jerks, a press re- lease states. On the dance floor, resi- dents of the Brac and Grand Cayman had time to catch up and mingle with visitors from as far as Australia. “The local committee of the National Trust in the Brac is a very active group dedicated to the mission of preserving the Brac’s cultural and natural at- tributes,” said Kathleen Bodden-Harris, one of the event organizers. “Members are passionate for their mission, fundraising efforts and other outdoor ac- tivities, and the Brac Dis- trict Committee encourages new membership.” Proceeds from the event’s auction and raffle, which raised more than $6,000, went toward the Trust’s Land Acquisition Fund to procure undeveloped lands for sanctuary sites. “[Sanctuary sites] be- come safe havens for our na- tive species of animals and plants,” which the press re- lease notes are held by the Trust for perpetuity against future development. Doug Ross, newly re- tired from his auction- eering career in the U.S., re- turned to the Brac to offer his expertise for the auc- tion. He and his wife Robin donated their services, as did a large group of enthu- siastic volunteers. The Split-the-Cash Raffle Pot that topped just over $1,000 was won by a Brac resident. Proceeds from the event’s auction and raffle, which raised more than $6,000, went toward the Trust’s Land Acquisition Fund to procure undeveloped lands for sanctuary sites. Helen Leroy, Barbara Redman-White, Kathleen Bodden-Harris and Patti Sowell have fun at the Sock Hop.Kathleen Bodden-Harris ‘cuttin’ the rug’ with auctioneer Doug Ross. Marion Howard and Bob Sowell hard at work taking tickets. Little Cayman strides into action to take on cancer An enthusiastic group turned out for the Little Cayman Stride for Cancer on Jan. 28, part of the nationwide Stride Against Cancer 2017 fundraisers at the weekend across all three Cayman Islands. Participants in Little Cayman could walk, bike or run the 6-mile course. “We had 27 participants, and with those entry fees combined with dona- tions, we made a total of US$1,062,” said Jennifer Mills, who organized the Little Cayman event with Renita Schouten and Caitlin Jade. “The Little Cayman Stride 2017 was the most successful to date, with more participants and donations than ever be- fore,” said Ms. Mills. “It was wonderful to see the com- munity come together for such a worth- while cause and I and other members of the Stride committee for Little Cayman are very proud of what was achieved by a small group of people living on our little island.” Participants line up at the Little Cayman Stride Against Cancer event. Patti Sowell models a chair made and donated by auctioneer Doug Ross. - PHOTOS: TUSHAUN YOUNGThe islands’ most-trusted news source 8 WEDNESDAY FEBRUARY 1, 2017 • CAYMAN COMPASS QT FUND LTD a Cayman Islands exempted company to be licensed as a retail mutual fund with the Cayman Islands Monetary Authority Class A Shares US$100 per Share Registered Office Maples Corporate Services Limited PO Box 309, Ugland House Grand Cayman KY1-1104 Cayman Islands www.credit-suisse.com/ky/en/asset-management/qtfund.html QT Fund Ltd (Fund) is a Cayman Islands exempted company incorporated on September 14, 2016 to operate as an open-ended mutual fund with no fixed duration. Subject to the restrictions below, offerings of Class A Shares in the Fund may only be made by a definitive prospectus, which is available upon request from the investment manager at smg.funds@credit-suisse.com. Credit Suisse Asset Management, LLC of 1 Madison Avenue, New York, New York, 10010, United States of America, a Delaware, United States, limited liability company, serves as the investment manager of the Fund and is registered with the US Securities and Exchange Commission (SEC) as an investment adviser under the US Investment Advisers Act of 1940, as amended. Additional information about Credit Suisse Asset Management, LLC is available on the SEC’s website at www.adviserinfo.sec.gov. Registration with the SEC or with any state securities authority does not imply a certain level of skill or training. The offer to the public in the Cayman Islands of Class A Shares is subject to the approval from the Cayman Islands Stock Exchange for the Class A Shares to be admitted to the official list being granted, which is expected to occur on or around 1 February 2017. be, in my view, the recogni- tion of the importance of the entitlement to legal profes- sional privilege …,” the chief justice said in his decision. “The premier, as minister and public authority within the FOI Law, must … be rec- ognized as a person entitled to the protection of legal professional privilege. “The importance of legal professional privilege to the conduct of the affairs of the ministry of the pre- mier for the advancement of the public interest is self-evident and may not be understated.” The Ritch & Conolly re- port was requested by the Cayman Compass, as well as by another individual who was identified in Chief Justice Smellie’s ruling as a “member of the press.” After the Cabinet Secretary’s office initially declined to release the report, the newspaper appealed to the information commissioner’s office. Given all the facts be- fore the court, the chief jus- tice ruled, it would not be “appropriate” to enforce the information commissioner’s order for government to pro- duce the report. Chief Jus- tice Smellie said there was no indication that govern- ment officials were in con- tempt of the information commissioner’s order or that Premier McLaughlin had acted in “bad faith” by re- fusing to disclose the Ritch & Conolly report. Contacted Tuesday for reaction to the chief jus- tice’s decision, Mr. Liebaers said his office was still as- sessing what to do with the pending FOI requests for the consultant’s report. He said an announcement on the issue could be made on Wednesday. Premier McLaughlin’s of- fice released a statement late Monday that essentially reit- erated the chief justice’s Jan. 26 ruling and sought to reas- sure some 900 pending ap- plicants for permanent res- idence in the territory that their matters would be dealt with “shortly.” PR applicants The Ritch & Conolly re- port was initially commis sioned to address a sepa- rate ruling by Chief Justice Smellie in August 2015 that pointed out several failings and potential injustices cre- ated by the government’s system of granting perma- nent residence. Since at least the begin- ning of 2015, no residency applications have been granted or denied as govern- ment leaders have struggled with implementing the new immigration system that took effect in October 2013. According to the pre- mier’s statement Monday, Cabinet will soon consider amending regulations to the Immigration Law. Once those regulations, which have not been made public, are ap- proved, Mr. McLaughlin said the various immigration-re- lated boards could resume processing residency appli- cations and appeals. “As I have said before, there is no easy fix for this,” Mr. McLaughlin said. “The root of the issue goes back to systems and processes that have been in place from the introduction of the points system in 2004. “This has been a vexing issue, not just for those im- pacted, but for me and the government. However, we continue to be committed to finding a solution that is fair to all concerned and get the process moving again.” Of 81 respondents, half said insurance reimburse- ment processes needed im- provement. Doctors, in par- ticular, argued that the current standard health in- surance fees – paid to doc- tors via insurers – were in- adequate to cover costs and had not been increased in more than a decade. Out of a total 83 respon- dents, about half said the collection of payments for health services needed im- provement. No one taking the survey rated payment collections as “excellent” in the Cayman market. Uncollected revenues for healthcare services is a daunting problem for the government-run Health Ser- vices Authority, which had amassed “bad debts” of $95 million as of June 2016, ac- cording to auditors. The bad debts are hos- pital bills that have re- mained uncollected for more than one year and are con- sidered unlikely to be col- lected. The HSA acknowl- edges that many of the debts are more than five years old. The health authority has hired a debt collection firm and has pledged to begin suing patients who fail to pay, something the hospital system has not done since at least 2010. Health Services Authority Chief Executive Lizzette Yearwood said last fall that most of the current bad debt figure is likely to be unre- coverable, but that her staff estimates some $10 million of the $95 million could be “reasonably” recovered. A large portion of the un- paid debts have been accu- mulated by public hospital system patients who have not made good on payments for services or pharmaceuti- cals. However, Ms. Yearwood noted, some of the amounts were also due from private insurance companies that had not reimbursed the HSA for services. Those private insurance fees represent about 2 percent – roughly $2 million – of the doubtful debts figure. Other concerns raised in the medical practitioners survey included equality of physician licensing require- ments. There are different licensing requirements for doctors depending on which local hospital they attend. Concerns were also raised about government in- surance provider CINICO not being able to offer choice of providers to the roughly 4,000 families it insures. Legislative Assembly. An email Mr. Manderson sent to civil service chief officers in November 2015 stated that the Ministry of Finance, in particular, had “a number of customs offi- cers on required leave as a result of [suspected] crim- inal activity and it’s our in- tention to use their cases as a test case.” “I believe that we have no choice but to take this action, given that three years is the average time it is taking for criminal cases to be concluded,” Mr. Manderson wrote. “More- over, this action sends all the right signals to the public and staff.” Mr. Clifford said this week that since he took over as collector of customs in August 2015, two employees had been terminated. Both were customs officers, he said, one convicted of a criminal offense and the other who had gone “absent without leave.” The customs service hier- archy has also gone through shake-up in the past year as longtime senior officers in the department retired. Mr. Clifford said none of those three retirements in- volved any accusations of wrongdoing against the in- dividuals and that they had simply occurred in the normal course of business. Mr. Clifford said the de- partment recently filled a number of leadership posts through succession plan- ning efforts, promoting three officers to senior cus- toms officers and advancing four customs officers. Deputy Customs Col- lectors Kevin Walton and Jeff Jackson were also re- cently promoted full-time to those positions. Customs fires two employees; other cases being ‘resolved’ CONTINUED FROM PAGE 1 Doctors: ‘Overwhelming dissatisfaction’ with healthcare finances CONTINUED FROM PAGE 1 “The survey results point to overwhelming dissatisfaction with the financial aspects of the healthcare system including affordability …” AUDITOR GENERAL’S OFFICE Chief justice: ‘Ritch Report’ must remain confidential CONTINUED FROM PAGE 1 Chief Justice Anthony Smellie’s decision has served to halt efforts to make public a review of the government’s handling of permanent residence applications. - PHOTO: CHRIS COURTThe islands’ most-trusted news source 9 CAYMAN COMPASS • WEDNESDAY FEBRUARY 1, 2017 Cayman Islands CHAMBER OF COMMERCE Professional Development and Training Centre 2017 TRAINING COURSES Ken Blanchard Leadership Series CourseDates Goal SettingThursday, February 2 Situational Leadership Concepts Thursday, February 23 Listening Skills Thursday, March 16 What Great Leaders Know & Do Tuesday, May 2 Building Trust SkillsThursday, May 11 First Time Manager Tuesday, May 30 Situational Self Leadership Tuesday, June 20 Challenging Conversations Tuesday, September 19 Coaching Essential Thursday, September 28 Situational Leadership Experience Thursday, October 26 Giving Feedback SkillsTuesday, November 14 Legal Masterclasses CourseDates Immigration: Work Permits (BVP’s, TWP’s& RERC’s) Thursday, February 9 Tuesday, October 3 Employment: PensionWednesday, February 15 Tuesday, October 10 Immigration: Permanent ResidenceTuesday, March 7 Employment: The Hiring ProcessTuesday, March 14 Employment: BasicsTuesday, April 4 Immigration: Cayman Status & Naturalisation Tuesday, April 25 Employment: Health Insurance Thursday, April 27 Landlord & Tenant Relationship Tuesday, June 6 Employment: Termination of Employment; Notice Unfair Dismissal Thursday, June 8 Thursday, November 2 Intellectual Property Basics: Copyright, Trademarks & Patents Thursday, June 15 Immigration: Permanent Residence, Work Permits & Status Tuesday, October 17 Business Masterclasses Finance Masterclasses CourseDates Running your business: “Getting it Started” Tuesday, February 21 Running your business: “Strata Management” Tuesday, February 28 Running your business: “Lease or own?” Thursday, September 21 Running your business: “Operations” Thursday, November 16 CourseDates Forecasting & BudgetingTuesday, February 21 QuickbooksTuesday, March 28 Thursday, November 16 Finance for Non-Financial ManagersTuesday, May 9 Basic Accounting Made EasierTuesday, June 13 Understanding Financial Statements Thursday, October 12 Workplace Essentials Customer Service Essentials CourseDates Time Management & Productivity Tuesday, January 31 Tuesday, September 26 Essentials of Supervision: Developing your Leadership Styles Thursday, May 25 Tuesday, November 7 Essentials of Supervision: Developing your Team Thursday, June 22 Tuesday, November 21 CourseDates Exceeding Customer ExpectationsThursday, February 16 Thursday, October 5 Providing Exceptional Customer Service Thursday, March 23 Thursday, October 19 Dealing with Difficult Customers Thursday, May 4 Thursday, November 9 Conflict Management Essentials Marketing & Sales Essentials Language Essentials CourseDates Effective Negotiation and Conflict Management Styles Thursday, March 9 Overcoming Challenges to SuccessThursday, March 30 Dealing with "Problem People"Thursday, May 18 CourseDates Product to MarketTuesday, April 25 Essential Selling Skills Part 1Tuesday, May 16 Essential Selling Skills Part 2Tuesday, May 23 Management Communications Part 1Thursday, June 1 Management Communications Part 2Tuesday, June 6 Negotiation Techniques Part 1Tuesday, October 24 Negotiation Techniques Part 2Tuesday, October 31 CourseDates English as a Secondary Language Part 1 Tuesday, February 28 Tuesday, October 3 English as a Secondary Language Part 2 Tuesday, March 7 Tuesday, October 10 Basic Grammar & Writing Skills Part 1 Tuesday, March 14 Tuesday, October 24 Basic Grammar & Writing Skills Part 2 Tuesday, March 21 Tuesday, October 31 Business Writing SkillsTuesday, April 11 Tuesday, November 21 WHETHER IT IS PERSONALLY OR PROFESSIONALLY MOTIVATED, TRAINING IS CRUCIAL FOR DEVELOPMENT. TRAINING ENABLES A PERSON TO ACQUIRE NEW SKILLS, IMPROVE THEIR EXISTING KNOWLEDGE AND ABILITIES, AND TO SHOW THEIR EMPLOYER THAT THEY ARE MOTIVATED. The Cayman Islands Chamber of Commerce understands that training is not always readily or easily available to everyone, and it is for this reason that we introduced our Professional Development & Training Centre (PDTC) in 1995. The PDTC makes a wide range of training courses accessible for everyone throughout the Cayman Islands, at great and affordable prices. These prices are further reduced for our members, making them even better. Our expert facilitators teach a comprehensive range of half-day, full-day, and multi-day courses, including: • Legal Masterclasses • Ken Blanchard Courses • Management & Supervisory Training • Sales & Customer Service Workshops • Basic Skills Training • Micro-and-Small Business Workshops • Accounting & Budgeting Training • Business Planning The Chamber also keeps up to date with the latest trends in training and development, ensuring that the courses that we offer remain fresh and appealing. We also offer customisable training for businesses. We can design courses to meet your organisation’s specific training and development needs. To view the current courses and workshops available to you, please visit the Chamber of Commerce website and view our Chamber Calendar. You can register for events online too or, alternatively, you can call us to secure your place. Register for a session online at www.caymanchamber.ky or call 949-8090 MASTERCLASSESNext >