Press Release from Cayman Islands Airports Authority Grand Cayman, Cayman Islands (2 September 2024) The Cayman Islands Airports Authority (CIAA), which operates the Owen Roberts International Airport (ORIA) on Grand Cayman and the Charles Kirkconnell International Airport (CKIA) on...
Regulatory
By Alric Lindsay The Cayman Islands Civil Service Association Cooperative Credit Union issued a statement on August 27, 2024, expressing concerns about a proposed $200,000 annual fee recommended by Minister Andre Ebanks through his ministry. The Credit Union said...
By Alric Lindsay A British national who was the dependent of a permanent residence holder who passed away in 2021 is requesting the Grand Court to overturn the decision of the Immigration Appeals Tribunal. The Tribunal rejected her application...
Cayman Islands Is Regional Leader In Assignment Of Radio Spectrum For Mobile Use Enabling 5G Network
7 min read
Cayman Islands Is Regional Leader In Assignment Of Radio Spectrum For Mobile Use Enabling 5G Network
Press Release By OfReg 5G, the latest mobile technology, is now available in the Cayman Islands and the Cayman Islands has been identified as being a regional leader in the assignment of its radio spectrum, enabling the technology to...
By Alric Lindsay On July 31, 2024, the chairperson of the United States Federal Reserve, Jerome Powell, announced that interest rates would remain the same, meaning they would stay “higher for longer.” This announcement surprised market stakeholders, as positive...
OfReg has taken action to protect consumers by stopping the sales of satellite internet terminals by a number of vendors found to be retailing them in the Cayman Islands. Cease and desist notices have been served to Cost.U.Less and...
Police, CBC & WORC Arrest Men For Immigration Breaches, One Overstayed For 10 Years In Cayman
2 min read
On Wednesday, July 24, RCIPS supported its partner agencies CBC and WORC in a joint operation targeting a George Town construction site to identify and apprehend persons found to be committing immigration offences. During the operation, workers were approached,...
By Alric Lindsay According to the Urban Institute, “The number of people experiencing homelessness has hit a record high, more than half of renters are cost-burdened, and mortgage interest rates are at their highest since 2000—housing in the United...
By Alric Lindsay Following Caribbean Utilities Company’s recent announcement to increase rates by 3.2% in accordance with the rate cap and adjustment mechanism contained in its transmission and distribution licence granted by the Cayman Islands Government, a group of...
IRS Enhances FATCA Registration Website By Requiring Users To Authenticate Their Identities
3 min read
Today, July 17, 2024, the Internal Revenue Service announced that it will enhance the identity authentication process that financial institutions can use to register under the Foreign Account Tax Compliance Act (FATCA). Taxpayers as of July 14 are required...