10.01.2019BEFORE AND AFTER SIMULATION - AFTER GEORGET O WN CR UISE POR T GRAND CA YMAN, CA YMAN ISLANDS ESTABLISHED 1965 www.caymancompass.com – 50 CENTS – THURSDAY, 3 OCTOBER 2019 Regulated in the Cayman Islands as a licensed insurer by the Cayman Islands Monetary Authority. Generali Worldwide is a trading name of Utmost Worldwide Limited. Registered Head Office address: Utmost Worldwide Limited, Utmost House, Hirzel Street, St Peter Port, Guernsey, Channel Islands GY1 4PA. Regulated in Guernsey as a licensed insurer by the Guernsey Financial Services Commission under the Insurance Business (Bailiwick of Guernsey) Law, 2002 (as amended). Incorporated in Guernsey under Company Registration No. 27151. www.generali-healthcare.com Let’s put an end to bullying together! Proud sponsor of the Strongman Competition benefiting the Alex Panton Foundation and Stand Against Bullying. Verdant Isle shares port plans JAMES WHITTAKER jwhittaker@compassmedia.ky Members of the Verdant Isle group behind the proposed $200 million cruise port project came face to face with opponents of the con- troversial scheme during a whirlwind series of meetings this week. Led by Royal Caribbean CEO Michael Bayley, the delegation which included execu- tives from Carnival Cruise Lines and other partners in the consortium, has been sharing some of the details of their plan. The group met with sympathetic groups, including tour operators, taxi drivers and government, but also with opponents of the project, such as the Cruise Port Referendum Cayman group. Verdant Isle members shared some prelimi- nary designs of the new port during their visit and promised more detailed drawings would be released within the next few days. The group said they would release as much infor- mation as possible in advance of the people- initiated referendum, expected to take place late this year or early in 2020. The outline designs, shown above super- imposed on an aerial image of the George Town harbour, indicate the location of the planned piers. The north pier stretches 432 metres (1,417 feet) into the harbour, with the south pier span- ning 272 metres (892 feet). Verdant Isle repre- sentatives said the design moved the piers into deeper water to allow for less dredging. Pre- liminary work for a new phase of the envi- ronmental impact assessment is under way to assess how those design changes alter the an- ticipated effects of the project, which include removal of some harbour reefs and wrecks, and potential impact on adjacent coral reefs. The group re-emphasised its aim, revealed in the Cayman Compass last week, to bring 2.5 million passengers to the islands and claimed the new facility would ensure the in- flux of new tourists could be managed in an orderly fashion. Royal Caribbean CEO Bayley said the group aimed to be transparent and present as much information as possible to the public. He said they were prepared to talk to all sides and he believes they can “work with the community” to ensure people are happy with the finished product. “We sense there are all kinds of different More than 3,000 vehicle owners benefit from amnesty Licensing grace period ends next month RESHMA RAGOONATH rragoonath@compassmedia.ky More than 3,000 vehicle owners have so far taken advantage of the Department of Vehicle and Drivers’ Licensing six-month amnesty, according to the Ministry of Commerce. The amnesty, which started on 29 Apr., ends on 1 Nov. All vehicles with expired registrations after the deadline will be terminated “in an effort to clean up the DVDL’s register,” the ministry said in a statement on Tuesday. Director of Licensing David Dixon pointed out in the statement that once the amnesty process ends, customers will no longer be able to write off their fees. “We have a month to go before the end of the amnesty, so we want to encourage per- sons to make use of the opportunity to catch up with their back fees without costs or pen- alty,” he said. The ministry said that, to date, 2,399 ve- hicles with expired registrations have been relicensed by owners. In addition, 675 vehicle owners used the amnesty to suspend their registrations, and 194 others voluntarily removed their vehicles from the register. Under the amnesty, which was launched to reduce the number of derelict and abandoned vehicles, fees have been waived for people who PLEASE TURN TO PAGE 8 » PLEASE TURN TO PAGE 9 » The outline designs overlaid on an aerial image of the harbour. The area where the existing dock facilities are currently located is shown in grey. THURSDAY, 3 OCTOBER 2019• CAYMAN COMPASS 2 LOCAL NEWS FIFA bans former CONCACAF general secretary Sanz for life MICHAEL KLEIN mklein@compassmedia.ky The football world gov- erning body FIFA imposed a lifetime ban on Enrique Sanz, a former general secretary of the Confederation of North, Central American and Ca- ribbean Association Football (CONCACAF), after finding him guilty of bribery. Sanz worked under CON- CACAF president Jeffrey Webb during the period cov- ered by the 2015 US fed- eral indictment of football officials and their associ- ates for widespread corrup- tion schemes relating to competitions organised by FIFA, CONCACAF, the Ca- ribbean Football Union and the South American Football Confederation. US Department of Jus- tice documents in a 2015 indictment identified Sanz as an unnamed co-conspir- ator, who prosecutors al- leged had arranged and taken bribes linked to com- mercial deals for World Cup qualifying games and the 2016 Copa American cente- nary tournament. Prosecu- tors had also alleged that the Colombian allegedly was involved in bribery schemes when he worked for sports agency Traffic USA, before he joined CONCACAF in 2012 to oversee the organisation’s operations under Cayma- nian Webb. However, Sanz was never publicly charged. According to federal court records, Webb and Sanz made public pronounce- ments about reforming CONCACAF, but almost immediately after taking of- fice “both men resumed their involvement in crim- inal schemes”. Among other things, Webb is said to have directed Sanz to seek a bribe payment on his behalf from Traffic Sports USA during the negotiations for the Gold Cup 2013 and CON- CACAF Champions League 2013-2015 tournaments. According to the indict- ment, Webb allegedly in- structed Sanz to submit a false invoice to Traffic USA for US$1.1 million to be paid to an account in the name of ‘Soccer Uniform Company A’ at Capital Bank in Panama City, Panama. The adjudicatory chamber of FIFA’s ethics committee investigated Sanz’s partic- ipation in the negotiation of bribe payments in var- ious bribery schemes from 2012 to 2015. In its decision, the adjudi- catory chamber found Sanz had breached FIFA’s Code of Ethics and imposed a fine of US$100,250 and a ban on his participation in any football- related activity at both na- tional and international level. Webb pleaded guilty to racketeering conspiracy, three counts of wire fraud con- spiracy and three counts of money laundering conspiracy in November 2015. He is under house arrest and still awaiting sentencing in the United States. His sentencing has been adjourned multiple times and is currently set for 10 March 2020. Enrique Sanz joined CONCACAF in 2012 to oversee the organisation’s operations under Jeffrey Webb. Enrique Sanz BREAKTHROUGH (PG) 1:25 I 4:10 I 7:15 I 10:00 SUN: 4:10 I 7:15 I 10:00 KALANK (PG) 3:10 I 9:00 (SAT ONLY) I 9:30 (NO SAT) SUN: 3:10 I 9:20 LITTLE (PG13) 12:30 I 3:25 (SAT ONLY) I 3:50 (NO SAT) 6:50 I 9:45 SUN: 3:50 I 6:50 I 9:35 DUMBO (PG) 10:30 (SAT ONLY) I 4:35 I 7:15 (NO SAT) SUN: 4:35 I 7:15 CAPTAIN MARVEL (PG13) 1:40 I 10:00 (NO SAT) SUN: 6:30 I 10:00 THE CURSE OF LA LLORONA (R) 1:10 VIP I 4:35 I 7:00 VIP I 10:15 HELLBOY (R) 12:35 (SAT ONLY) I 1:00 I 6:10 (SAT ONLY) I 6:45 SHAZAM! (PG13) 1:30 I 3:40 VIP I 7:15 I 9:30 VIP SUN: 3:40 VIP I 4:40 I 6:40 VIP 8:00 I 9:40 VIP KIDS CLUB: OVER THE HEDGE (PG) 10:00 (SAT ONLY) CULTURE AT THE CINEMA: THE TRAGEDY OF KIND RICHARD THE SECOND (R18) SAT ONLY: 8:00 • Matinees Daily (matinee price before 6pm) • Seniors $8.00, Mon-Fri Before 6pm • Additional charges apply per 3D/VIP tickets Cayman Cinema@cbcinema6cbcinema6 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. - THURSDAY - 640-FILM (640-3456) ABOMINABLE (PG) 2:10 | 4:00 VIP | 4:40 3D | 7:05 | 9:30 3D DOWNTON ABBEY (PG) 1:00 VIP | 4:15 | 6:40 VIP | 9:45 HUSTLERS (R) 2:05 | 4:45 | 7:25 | 10:05 IT: CHAPTER TWO (R) 1:35 | 5:15 | 9:00 RAMBO: LAST BLOOD (R) 1:20 | 7:10 | 9:50 VIP AD ASTRA (PG13) 1:00 | 3:50 | 7:00 | 10:00 Caribbean Utilities Com- panies customers on Safe- haven Drive and in Crystal Harbour, off the Esterley Tib- betts Highway, will experi- ence interruptions to their electrical service on Thursday, 3 Oct., between 9am and 3pm. CUC advises that cus- tomers on Turnberry Drive, Crighton Drive, Crystal Drive, Galway Quay, Daum Quay, Hoya Quay, Sardinia Close and Kosta Boda Close, as well as the Holiday Inn Resort Grand Cayman and the North Sound Golf Club will be af- fected by the outage. According to the utili- ties company, the interrup- tion is necessary for overhead infrastructure upgrades. CUC OUTAGE SCHEDULED JEWEL LEVY jlevy@compassmedia.ky Tourists and locals got a taste of island culture at the weekend when they at- tended the Brac Heritage Au- tumn Festival at Heritage House on Saturday. Local artists, young people and various organisations showed up to take part in the festivities, which included steel pan playing by Layman Scott High School students, a craft display, singing, a fashion show, rope making, ca- boose cooking, hat sewing, ar- tifact displays, a flower show and plenty of tasty local food. Despite a small turn-out, the event’s co-founder Simone Scott said she received a lot of positive feedback from those who gathered to enjoy the day. “It was a nice and simple event. I enjoyed my time there …. The music was nice, and the food was good,” said Jinky Walton, coordinator for the YMCA children’s fun booth. Tannya Mortimer, a food vendor, congratulated Liz Walton and her team for organising a beautifully decorated event. “The purpose of the Brac Heritage Autumn Festival is to showcase and preserve the Caymanian heritage and cul- ture through the ‘Art with an Autumn’ theme,” Scott said. She said numbers were lower at this year’s fes- tival due to several illnesses and deaths on the Brac, which had affected the fes- tival’s committee and the Brac community. The flower show inside the Heritage House will remain open until 4 Oct. The week-long festivities conclude on 6 Oct. with an old-fashioned service at the Church of God Holiness in Spot Bay, with members dressing in their 1930’s Sunday best. The Brac Autumn Fes- tival, a non-profit organisa- tion, started in 2015 when Michel Powery approached Simone Scott to do a poetry festival on Cayman Brac. She thought it would be better to celebrate their cultural heri- tage through the arts, using visiting and local artists, with an Autumn theme. Last year, the festival or- ganisation merged with the Cayman Brac Heri- tage Committee, which had been formed in 2005 by Avelinda Ebanks. Brackers celebrate heritage with autumn festival The week-long festivities conclude on 6 Oct. with an old-fashioned service at the Church of God Holiness in Spot Bay, with members dressing in their 1930’s Sunday best. Frauleen Brown and daughter Kiara with baby Viviana Baiamonte. Annalee Ebanks with some of her thatch work. – PHOTOS: SIMONE SCOTT ALL STARS 2019 RAFFLE AllStars Netball Club would like to thank the community and sellers who made the summer raffle a success. Prize Winners GRAND PRIZE TICKET NUMBER 0632 Thorr Scott CASH PRIZE TICKET # NAME 1 0971 Andrea Bryan 2 0060 Nicola Labban 3 0477 Joslyn Marshall 4 0619 Colbert Miller 5 0259 David Bodden CAYMAN COMPASS • THURSDAY, 3 OCTOBER 2019 3 LOCAL NEWS CaymanCompass.com HAVE YOU HEARD THE NEWS ? The Cayman Compass is getting a makeover Watch for it Monday, 7 OctoberTHURSDAY, 3 OCTOBER 2019• CAYMAN COMPASS 4 LOCAL NEWS RESHMA RAGOONATH rragoonath@compassmedia.ky Legislation geared towards the protection of personal data and how it is used in the Cayman Islands took ef- fect this week. The Ombudman’s Of- fice, the entity charged with overseeing the Data Protec- tion Law, announced Tuesday that the law came into force on 30 Sept. “The long-awaited law was enacted in 2017 following an intensive, multi-year drafting exercise with broad represen- tation from the public and private sectors. The DPL is modelled on data protection legislation in the European Union and is centred around eight data protection prin- ciples,” a statement from the Ombudsman’s Office read. The law was originally scheduled to be implemented on 1 Jan. this year. However, government pushed the start date back by nine months, fol- lowing representations by the financial services industry. The law regulates how businesses and government agencies must handle all per- sonal data and it provides a framework of rights and du- ties designed to give individ- uals greater control over their personal data. This means individuals will have the right to request and access their personal data that is held by an organisation, and data controllers have about 30 days to comply. “The new law places a number of obligations on data controllers, including a duty to inform individuals how their data is being used, ensure that data is accurate and relevant to the purpose for which it is used, and is retained only for as long as necessary. “Data controllers are also required to notify the Ombudsman and the af- fected individuals of se- rious data breaches,” the statement explained. In addition to the right to request access to their data, the Ombudsman’s Of- fice said, individuals can also ask for rectification of in- accurate data, and to stop direct marketing. The Office of the Om- budsman added, “Individuals have the right to complain to the Ombudsman if they be- lieve their data is not being processed in accordance with the new law.” More information, including detailed guidance, is available on the website of the Office of the Ombudsman: https://ombudsman.ky/data-protection. Data Protection Law comes into force The law regulates how businesses and government agencies must handle all personal data and it provides a framework of rights and duties designed to give individuals greater control over their personal data. PRINTED AND PUBLISHED BY: Cayman Compass Ltd. Compass Centre Shedden Road, George Town, Cayman Islands SEND US YOUR VIEWS OR NEWS: P.O. Box 1365 Grand Cayman, KY1-1108 Cayman Islands Telephone: (345) 815-0095 Email: newsdesk@compassmedia.ky ADVERTISE WITH US: Telephone: (345) 949-5111 Email: sales@compassmedia.ky Website: www.caymancompass.com PUBLISHER KATHLEEN CAPETTA EDITOR CATHERINE MACGILLIVRAY A MEMBER OF THE INTER-AMERICAN PRESS ASSOCIATION Beach Bay area launches Neighbourhood Watch JEWEL LEVY jlevy@compassmedia.ky Residents of Angle Ridge Drive in the Beach Bay area of Bodden Town launched their Neighbourhood Watch at the weekend – the 18th to be set up in the dis- trict since 2015. More than 20 people showed up for the group’s first meeting with commu- nity police officers at the home of Deanna Frederick, leader of the Angle Ridge Watch group. She started the group with a few people on her stretch of road after her home was broken into. She knocked on doors, got num- bers and names, and left notes for people to contact her about forming the group. Eventually, it grew to include the whole area, and then the police got on board. “Ever since that, we’re been keeping an eye out for everybody and getting to know people in the neigh- bourhood,” Frederick said. Sergeant Cornelius Pompey cautioned the residents that forming a Neighbourhood Watch does not mean that crime would not occur. “Neighbourhood Watch reduces the fear of crime and it reduces crime, but it doesn’t mean that crime is gone,” he said. He also advised them to make effective use of WhatsApp messaging when fighting crime in the area, but added, “Let your com- munication be for the sole purpose for what it was in- tended. Otherwise, Angle Ridge, you are going to lose.” He also highlighted a number of security gadgets residents could use to pro- tect their homes and self. For example, he told them of a light bulb with a WiFi panoramic camera in- side that could be easily in- stalled, as well as door alarms, walking alarms and a marking pen for valuables which could only be detected with a special light carried by police officers. Pompey said police were staging a ‘Crime Prevention’ session in the Bodden Town community in the coming weeks. Also, they were working on having Neigh- bourhood Watch members come together to assist each other when they needed help. Pompey was joined by Community Officers PC Clifford Garcia and PC Dennis Pascal. Tony Scott, a Neighbour- hood Watch ambassador, said he wanted police to publicise speeding convic- tions so it could be a deter- rent to other speeders. Of- ficer Garcia said they would follow up on that. Officer Pascal, a new of- ficer in the community beat, said among the benefits of a Neighbourhood Watch are a reduction in crime, a greater sense of security and community, and an extra pair of “eyes and ears” for law enforcement. To maintain the group, he told residents to share in- formation, create Neighbour- hood Watch reports and keep people updated. He also ad- vised residents to create ex- ercise or walking groups and hold garage sales and use money to purchase signs, ra- dios, vests and other needs. Bodden Town East MLA Chris Saunders, who at- tended the meeting, as- sured residents there would be no change of name for Beach Bay Road. One of the things he said he was pushing for in the area was new speed bumps and streetlights in cer- tain dark areas. To set up a Neighbour- hood Watch with police, in- terested people can contact the Bodden Town Police Sta- tion and speak with any community beat officer. OfReg seeks input on new auction scheme The Utility Regulation and Competition Office, known as OfReg, is asking for public feedback on a new auction scheme for renewable energy. According to a news re- lease, the agency said the renewable energy auction scheme is designed to in- crease the use of alterna- tive energy while main- taining stable energy costs to consumers. The proposal calls for po- tential bidders to first submit a statement of qualifications. That would be followed by a call for qualified bids on specific projects. Once bids are awarded, the chosen companies would sign a purchase agreement with the Caribbean Utili- ties Company for the guaran- teed purchase of all generated electricity at an agreed-on price, for the duration of the contract. The OfReg statement said the proposal “will contribute to Cayman’s transition to low carbon and environmentally sustainable energy supplies, in line with the National En- ergy Policy (NEP) goals”. As more renewable sys- tems come online, it said, more homes will be powered by clean energy, providing more rate stability for con- sumers. The new scheme will help the Cayman Is- lands achieve its national goal of generating 70% of its energy through renewable sources by 2037. The new scheme is set to be in place until 2045, or until Cayman reaches that 70% goal. A full copy of the consultation document can be found at the following link: https://bit.ly/2n4p9PQ. Submissions should be made in writing and must be received by 5pm, 21 Oct.2019. Angle Ridge residents, community officers and guests show off the area’s new Neighbourhood Watch sign. – PHOTO: JEWEL LEVYCAYMAN COMPASS • THURSDAY, 3 OCTOBER 2019 5 LOCAL NEWSTHURSDAY, 3 OCTOBER 2019• CAYMAN COMPASS 6 LOCAL NEWS RESHMA RAGOONATH rragoonath@compassmedia.ky The Cayman Islands gov- ernment is drawing up a formal framework that it says will bring transpar- ency and accountability to the granting of concessions and waivers on import duty. Financial Secretary Ken- neth Jefferson, speaking on Wednesday before the Public Accounts Com- mittee, said a draft conces- sion policy was presented in caucus on Monday. He said the proposed document was “fairly ex- tensive” and covers areas that the auditor general and Members of the Legis- lative Assembly have rou- tinely expressed concerns about, such as a lack of a formalised process for granting concessions and a lack of monitoring of compa- nies to ensure items granted in the concession are being accurately utilised. The policy, he said, must go to Cabinet for consider- ation and amendments. However, Jefferson said, “There was absolutely no re- sistance from the ministers and councillors present.” The absence of a formal concessions policy was flagged in the Office of the Auditor General’s report on Customs in the Cayman Is- lands, which covered the year 2017. At the time, Cus- toms was a separate de- partment to Immigration. Earlier this year, the two departments merged to be- come Customs and Border Control. Some elements of the previous Immigration Department now fall under the Workforce Opportuni- ties and Residency Cayman, known as WORC. On Wednesday morning, the Public Accounts Com- mittee delved into the find- ings of that report, ques- tioning Jefferson and, later in the day, Director of Cus- toms and Border Control Charles Clifford on the inner workings of the department and its processes. Jefferson pointed out that there was one concern that the policy was “overly pre- scriptive” to Cabinet in spec- ifying what it should do and that it should be left to Cab- inet to dictate the policy. Jefferson testified that the variance between the budgeted revenues gener- ated from Customs and the actual amount that has been accrued continued into 2018. He said, at the end of 2018, $181 million was collected, but the bud- geted amount stood at $156 million. However, he said, work is being done to address the method of calculating the budgeted figures. Director Clifford told the committee that his depart- ment has not deliberately under-budgeted its figures, but it is working with the Economics and Statistics Of- fice and the Finance Min- istry to “refine the numbers and try our best with that”. West Bay North MLA Bernie Bush and PAC chairman Ezzard Miller flagged a conflict in the law when it comes to the Hotel Aid Law and the granting of concessions. The Hotel Aid Law re- quires itemised listing in concession documents, in- cluding quantities, but this is not being done. Monitoring of concessions lacking Committee member Austin Harris questioned whether the Finance Min- istry was monitoring adher- ence to stipulations on Cay- manian employment under concessions agreements. Jefferson said this was a “problematic area” to monitor. He said the Ministry does not have the resources to do checks at job sites, but he said reports are sub- mitted on the breakdown of the number of workers who have been employed by those who have been granted concessions. However, he said, this may form part of the pro- cesses under the Workforce Opportunities and Resi- dency Cayman department. The Bodden Town West MLA questioned whether action was taken against those who do not meet their concession timelines or agreements. He cited the KAABOO music festival, which he said was granted concessions for a five-year festival, but the 2020 festival was cancelled. Michael Nixon, of the Corporate Unit at the Min- istry of Finance, said there is closer scrutiny of con- cession spending, the quantities being imported and what the items are being used for. Saunders also questioned the vetting process for the granting of concessions versus a more “lengthy, de- tailed and invasive” pro- cess for Needs Assessment Unit applicants. Nixon said the new policy will address the pro- cess of how concessions are assessed and has “sig- nificantly stepped up the due diligence”. The Public Accounts Com- mittee resumes on Thursday. PAC MEETING: Official policy for import duty concessions in the works Kenneth JeffersonCharles CliffordCAYMAN COMPASS • THURSDAY, 3 OCTOBER 2019 7 LOCAL NEWS SEC orders Block.one to pay $24 million penalty for unregistered ICO MICHAEL KLEIN mklein@compassmedia.ky The company that launched the world’s largest initial coin offering from the Cayman Islands has to pay a civil penalty of US$24 million to settle charges with the Securi- ties and Exchange Com- mission that the token sale was not registered in the United States. Block.one did not reg- ister its ICO as a securities offering pursuant to the federal securities laws, nor did it qualify for or seek an exemption from the reg- istration requirements, the SEC said. “A number of US inves- tors participated in Block. one’s ICO,” said Stephanie Avakian, co-director of the SEC’s Division of Enforce- ment in a press release. “Companies that offer or sell securities to US inves- tors must comply with the securities laws, irrespec- tive of the industry they operate in or the labels they place on the invest- ment products they offer.” Block.one, which is reg- istered in Cayman and has operations in Vir- ginia and Hong Kong, con- ducted the ICO between June 2017 and June 2018 and raised the equivalent of US$4.1 billion dollars from the sale of 900 mil- lion tokens globally. Block.one, the maker of EOS.IO, a blockchain pro- tocol powered by the na- tive cryptocurrency EOS, raised the funds for gen- eral expenses and to de- velop software and pro- mote blockchains based on that software. The US securities regulator noted that Block. one’s token sale began shortly before the SEC re- leased its DAO Report of In- vestigation “and continued for nearly a year after the report’s publication”. The report clarified the US regulatory posi- tion with regard to initial coin offerings by applying the so-called Howey Test to determine whether a token sale is a securities offering that is subject to SEC registration. The test defines invest- ment contracts or securi- ties as offerings that repre- sent a monetary investment with an expectation of profit from a common en- terprise in which the profit is derived solely from the efforts of the promoter or a third party. The test effectively sepa- rated security tokens from utility tokens which do not fall under registration re- quirements in the US. “Block.one did not pro- vide ICO investors the in- formation they were en- titled to as participants in a securities offering,” said Steven Peikin, co-di- rector of the SEC’s Divi- sion of Enforcement. “The SEC remains committed to bringing enforce- ment cases when inves- tors are deprived of ma- terial information they need to make informed investment decisions.” According to the SEC order, Block.one prohib- ited US individuals from taking part in the offering and took certain measures such as blocking US IP ad- dresses. The token pur- chase agreement noted that any purchase by a US person was unlawful and rendered the purchase agreement null and void. However, Block.one did not ascertain from purchasers whether they were in fact US-based in- dividuals, and a number of US- based persons bought tokens directly through the EOS.IO website. Block.one consented to the order without admit- ting or denying its findings. In a statement, the com- pany said the settlement relates only to the ERC-20 token sold on the Ethe- reum blockchain, which is no longer in circula- tion or traded. As such the token would not have to be registered as a security with the SEC. “The SEC has simulta- neously granted Block.one an important waiver so that Block.one will not be subject to certain ongoing restrictions that would usually apply with settle- ments of this type,” the company said. The company said the settlement relates only to the ERC-20 token sold on the Ethereum blockchain, which is no longer in circulation or traded. CAYMAN POLICE INVESTIGATING TURKS SHOOTING Four officers from the Royal Cayman Islands Po- lice Service are investi- gating a fatal shooting of a man by a police officer in Turks and Caicos. Daniel Been Jr. was shot dead by the officer in Prov- idenciales on the afternoon of Wednesday, 18 Sept. RCIPS spokesperson Jodi-Ann Powery an inves- tigation team comprising a chief inspector, a ser- geant, a detective and a crime scene investigator travelled to Turks and Ca- icos on 23 Sept. and are ex- pected to return on 10 Oct. after they complete their preliminary investigations. Chief Inspector Malcolm Kay, who is the senior in- vestigating officer, said in a statement, “My team and I have been invited to con- duct a full and independent inquiry into the recent fatal shooting which involved of- ficers from the Royal Turks and Caicos Police Force.” Powery said that, as re- quired by protocol in mat- ters of this nature, Turks and Caicos Governor Peter Beckingham made a formal request for police assis- tance to Cayman Islands Governor Martyn Roper in the case. THURSDAY, 3 OCTOBER 2019• CAYMAN COMPASS 8 LOCAL NEWS have accrued a backlog for unlicensed vehicles. Commerce Minister Joey Hew noted that some owners had accumulated fees dating back to Hurricane Ivan. “Vehicles owners should make use of this waiver so that they can come back into compliance,” Hew said. The police will continue to enforce proper registration of vehicles according to the Traffic Regulations, the state- ment said, adding, “Those mo- torists found in violation will be prosecuted.” The ministry also urged owners to dispose of their derelict cars and trucks re- sponsibly at the George Town Landfill. “Persons can be fined or imprisoned under the Cayman Islands Litter Law for vehicles left derelict and abandoned,” it added. Please be advised that our Reception Area (temporarily based upstairs at the Compass Centre) will be closed on Friday, 4 October, and will reopen on Monday, 7 October. 207 register for January 2020 voters’ list RESHMA RAGOONATH rragoonath@compassmedia.ky Cayman Brac teenager Cas- sandra MacDowell was among the potential voters who made use of the Elections Office ex- tended hours to beat the 1 Oct. deadline to register to be able to vote from January 2020. MacDowell applied Tuesday night to be added to the next official voters’ list, which will be released on 1 Jan. 2020. That list will be valid until March. Elections Office man- ager Gina Whittaker said that since July this year, 207 people had registered to vote, in- cluding those who signed up on deadline day at the Elec- tions Office headquarters at Smith Road Centre. “I heard about the deadline and I wanted to make sure I got in before for it, just so I could do it this year and get in,” she told the Cayman Com- pass Tuesday night after she submitted her documents. While she said the looming referendum on government’s $200 million cruise port project did not influence her decision to register, MacDowell said she felt it was important to vote. “I just turned 18 this year and I am from the Brac so I want to be able to repre- sent the Brac community in the upcoming elections and other things like that,” MacDowell said. Martha Ebanks said, in her case, she wanted to make sure she could get to vote in the historic people-initiated referendum. “I just think it is our duty as citizens of the Cayman Is- lands to vote,” she said. “It is up to us to choose who be our government, to make the rules for Caymanians. It’s our duty. I knew it was the deadline; that is why I rushed today.” Whittaker said while the deadline for the January list has ended, registrations will continue daily at the Elections Office. Those names will be kept for the March update of the electors list. A total of 21,217 people cur- rently can vote in the Cayman Islands, based on the official electors list that was released on 1 Oct. Voters on that list are the only ones who will be able to cast their ballots in the cruise port referendum if it is called by the end of this year. Vehicles line up at the Department of Vehicle and Drivers’ Licensing in Crewe Road. The deadline for the amnesty for expired registrations is 1 Nov. - PHOTO: TANEOS RAMSAY More than 3,000 vehicle owners benefit from amnesty Cassandra MacDowell filling out her voter registration form on Tuesday night as Pierre Lesieur looks on. She beat the 1 Oct. deadline to sign up to vote from 1 Jan. CONTINUED FROM PAGE 1 WHAT’S HOT WEEKLY 9 AUGU ST 2019 #TRENDING P. 4 SPOTLIGHT P. 10 SUCKERBO X P. 6 Don’t miss out with What’s Hot Weekly t: (345) 949-5111 | e. sales@compassmedia.ky @whatshotcayman CAYMAN COMPASS • THURSDAY, 3 OCTOBER 2019 9 LOCAL NEWS The Ritz-Carlton, Grand Cayman www.breastcancerfoundation.ky info@breastcancerfoundation.ky PRINT MEDIA SPONSOR Featuring Special Guest Speaker THANK YOU TO OUR TITLE SPONSOR S ah, che THANK YOU TO OUR SPECIAL MENTION SPONSORS OCTOBER 5, 2019 The Ritz-Carlton, Grand Cayman www.breastcancerfoundation.ky info@breastcancerfoundation.ky The Ritz-Carlton, Grand Cayman www.breastcancerfoundation.ky info@breastcancerfoundation.ky PRINT MEDIA SPONSOR Featuring Special Guest Speaker THANK YOU TO OUR TITLE SPONSOR opinions and emotions and we need to go through that journey of communicating. That is our plan,” he said. “We are interested in dia- logue and talking about the project. We hope people will understand the benefits and we can move ahead with it,” he added. This week, they have met with government members, tour operators, other tourism partners, the Cayman Is- lands Chamber of Commerce, Cayman Islands Tourism As- sociation, Big Brothers Big Sisters, Protect our Future Cayman and members of the media, among others. “We have heard a lot of different opinions,” said Bayley. “Hopefully, we can work through those together and come up with a future plan that is going to make everybody happy.” He said Verdant Isle was working with a team of sci- entists to minimise the im- pact of the dredging and to relocate a lot of the coral that will be removed from the harbour. He said the new design reduced the footprint, but accepted that there was no way to avoid some impact. He said there was always a trade-off when major de- velopments were considered. “As I walked along the beach this morning, I looked at all the development along Seven Mile Beach. There is a huge condo building going up, a huge multi-storey hotel and apartments and many other projects. There is environmental impact. “It is true that building the pier in George Town will bring environmental impact, our focus is on minimisation of that impact. We are cogni- sant of it, we are concerned about it, we are getting a lot of feedback on this and we are working closely with the Department of Environment. We have a lot of expertise in our project teams in terms of environmental management and we are working though this to minimise any impact, just as the hotel on Seven Mile Beach is doing.” He denied that Verdant Isle would make signifi- cant profits from the ven- ture, saying the group was responsible for funding the $200 million project up front, paying off their own borrowing costs and an anticipated $75 million in maintenance expenses over the 25-year operation. He said the cruise lines want piers in Grand Cayman because it helps their primary business of “selling great vacations” but he denied that the port itself would be a major “profit centre” for the group. He said it would not lose money on the project and insisted that it was accurate that govern- ment would not lose out either. While he accepts that government will take a $2.32 reduction in the per passenger head tax to help pay back Verdant Isle – just over $4million at current arrival num- bers – he said this would be offset by the additional revenue from an influx of new passengers. “The revenue per guest decreases slightly but the overall revenue to the gov- ernment increases because of the increase in volume of cruise tourists coming to the port,” he said. TWO WOMEN STABBED IN SEPARATE INCIDENTS Two women were stabbed on Tuesday night in sepa- rate incidents in West Bay and George Town. Police said a female teen- ager was arrested on sus- picion of causing grievous bodily harm in relation to the George Town incident and she remained in custody Wednesday. The male culprit in the other incident remained at large Wednesday. According to police, the first stabbing happened on Kings Road in West Bay just after 7:15pm in an alterca- tion between the teen and another woman. The second victim was stabbed shortly before 11pm in the parking lot of a business on Shedden Road, near Dr. Roy’s Drive, in George Town. Police said she was assaulted by a man she knew and received knife wounds to the head. The man then fled fol- lowing the scene. The victim remained in stable condition in hospital Wednesday and was being treated for “serious injuries”, according to police. Verdant Isle shares port plans CONTINUED FROM PAGE 1 An impression of how the new piers will look - if the project goes ahead.Next >