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WORC Issues Large Administrative Fine

Workforce Opportunities & Residency Cayman (WORC) carried out an investigation on a local fast food chain which resulted in levying an administrative fine of CI $125,325.00, which was collected on 15th June.

10 Jul, 2023

22 Red Poll Cattle Imported under Livestock Development Programme

The Ministry of Planning, Agriculture, Housing and Infrastructure has taken a major step toward growing and strengthening the Cayman Islands domestic livestock capacity by recently importing 22 Red Poll cattle from Jamaica.

06 Jul, 2023

Cayman Satisfies FATF Action Plan; Onsite Visit Authorised

Having now fully satisfied the action plan given by the Financial Action Task Force (FATF), the Cayman Islands is eligible to be removed from the list of countries the FATF is monitoring for deficiencies in their anti-money laundering and countering the financing of terrorism (AML) regimes, subject

03 Jul, 2023

Hon. Minister Jay Ebanks honors young Caymanians at National Skills Competition Awards

The Hon. Jay Ebanks, Minister for Planning, Agriculture, Housing and Infrastructure honored Caymanian trade apprentices at an awards ceremony for the recent Second Annual National Skills Competition held by the Public Works Department (PWD).

29 Jun, 2023

Financial Services Ministry Delegation Meets EU Stakeholders

Exchanging policy updates on anti-money laundering (AML), tax cooperation and industry sectors, while also forging deeper, proactive engagement with European stakeholders, were key outcomes of meetings between EU stakeholders and a Ministry of Financial Services and Commerce delegation, led by the M

22 Jun, 2023

CAYMAN ECONOMY STRONG BUT THREATS LOOM

The economy of the Cayman Islands is ‘strong and stable’ but that stability is threatened by a set of circumstances that could undermine the progress made as the recovery from the COVID recession continues.

19 Jun, 2023

SAUNDERS’ PENSIONS WITHDRAWAL INITIATIVE APPROVED

It’s now possible for eligible persons to make larger withdrawals from their pension accounts, thanks to a change in the law initiated by Hon. MP for Bodden Town West, Chris Saunders.

19 Jun, 2023

Moody’s Affirms Cayman’s Aa3 Rating

International credit rating agency Moody’s has maintained the Cayman Islands Government’s Aa3 bond issuer rating, Aaa country ceiling rating, and ‘stable’ economic outlook in a report issued on Thursday, 8 June 2023.

19 Jun, 2023

Government Delegations to Attend the FATF Plenary, EU Meetings

The Cayman Islands will address the Financial Action Task Force (FATF) Plenary this month, as part of the process for being removed from the FATF’s list of jurisdictions being monitored for anti-money laundering and countering the financing of terrorism (AML) deficiencies.

13 Jun, 2023

Premier’s Hurricane Message 2023

The 2023 Atlantic Hurricane Season starts today – 1 June – and will continue until 30 November.

05 Jun, 2023
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