HSM’s newest lawyer, Stephanie Mills, became a qualified attorney-at-law in the Cayman Islands on 17 November. Stephanie’s admission was moved by HSM Partner, Sarah Allison, who summarised her qualifications for Justice Richard Williams.
Scotiabank Cayman has again advanced its digital adoption strategy with the introduction of a “cashless” operating model that will be implemented at its South Sound Branch location on 1 December.
Due to the success of the programme introduced by government in October 2020 to allow people employed outside of Cayman to live and work here for a maximum of 24 months, government approved at its most recent Cabinet meeting legislation to extend it for another year.
The Enterprise Cayman workforce development initiative by Cayman Enterprise City in partnership with Cayman Islands’ special economic zone companies has officially relaunched as a non-profit organisation and educational arm of the CEC special economic zones development project.
As the 20 November quickly approaches, the Cayman Islands Chamber of Commerce is working closely with the government to help employers and employees prepare for reopening and safely coexisting with Covid-19.
The Ministry of Investment, Innovation and Social Development has launched a new phase of business stipends, totaling CI$2.0 million.
Harneys has recently taken on Allison Gonsalves to its Articled Clerk Training Programme. Allison is a STEP qualified Trust & Estate Practitioner with more than 20 years of onshore and offshore experience in the international ultra-high net worth and high net worth financial services space.
Butterfield announced last week that Amanda Bodden has been promoted to the new role of Senior Vice President, Head of Retail and Operations, Cayman.
Despite attracting a wall of money, capital markets are failing to price in climate risks due to policy confusion and a lack of clarity on financial impact, according to a global survey by KPMG, CREATE-Research and the CAIA Association.
Taking into consideration the global pandemic’s impact on Cayman’s economy, as well dealing with a tropical storm/ hurricane, this did not dent Cayman’s electricity provider, CUC’s, earnings for the third quarter of 2021, as the company reports stable results despite these pressures.