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Cayman accountancy body appoints first CEO
The Cayman Islands Society of Professional Accountants (CISPA), one the largest and longest established professional societies in the Cayman Islands, has appointed Sheree Ebanks its first CEO.
Cayman accountancy society admitted to IFAC
The Cayman Islands Society of Professional Accountants has been admitted as a full member into the International Federation of Accountants (IFAC), a global association for the accountancy profession.
Insolvency filings hit three-year high
Insolvency petition filings in the Cayman Islands spiked more than 30 percent in 2013 compared with 2012, resulting in the highest number of filings in the past three years, according to Appleby, a provider of offshore legal, fiduciary and administration services.
Cayman and Poland sign tax agreement
The Cayman Islands and Poland have signed a tax information exchange agreement (TIEA), in support of global transparency and tax initiatives.
CIMA signs MOU with Germany’s BaFin
The Cayman Islands Monetary Authority (CIMA) has signed a Memoranda of Understanding (MOU) in relation to the Alternative Investment Funds Management Directive (AIFMD) with Bundesanstalt für Finanzdienstleistungsaufsicht of Germany (BaFin).
Cayman and US officially sign FATCA
The Cayman Islands and the US have officially signed an agreement that paves the way for the automatic exchange of tax information under US FATCA.
Panton to speak at E&Y Global Hedge Fund Symposium
The Hon. Wayne Panton, MLA, Minister of Financial Services, Commerce and the Environment, will be the keynote speaker at Ernst & Young's Global Hedge Fund Symposium, held in the Cayman Islands next month.
Convention on tax assistance extended to Cayman
Representing a significant development in the Cayman Islands’ transparency framework, the OECD/Council of Europe Convention on Mutual Assistance in Tax Matters has been extended to the jurisdiction, and will become effective on January 1 2014.
Cayman Islands and UK sign FATCA-type agreement
The Cayman Islands and the UK have signed a FATCA-type intergovernmental agreement (IGA), preparing the way for Cayman to automatically share financial information with the UK on UK taxpayers who hold Cayman Islands accounts.
Cayman Islands tops specialised financial centre rankings
A survey by the publication ‘The Banker’ has named the Cayman Islands as the best specialised financial centre in the world for the fifth consecutive year.
