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CIMA investigates HSBC (Cayman)

The Cayman Islands Monetary Authority is conducting investigations into the local operations of HSBC, in the wake of recent issues surrounding HSBC Mexico, which was the subject of a US regulators investigation for laundering funds of sanctioned nations including Iran and Sudan. ...

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Cayman Enterprise City delegation visits London

A high-level delegation from Cayman Enterprise City (CEC), spent a week in London recently, reaching out to potential channel partners and clients in the United Kingdom, including a prospective associate in the Commodities Exchange. CEC is ardently expanding its global push and actively targeting the UK as a key market. Led by Chief Executive Officer Jason Blick, the delegation enjoyed extremely successful meetings with leading financial, technology and professional services organisations that were deeply supportive of the Special Economic Zone. The meetings created great interest and the delegation is very confident that several clients and channel partner relationships will be cemented following this trip. ...

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Lewison moves up the boxing rankings

Middleweight pro boxer Peter ”Lightning” Lewison took another step forward in international boxing rankings after winning his first world title belt in April 2012. “It has been a hard, but sweet year for the Lightning Boy to achieve his goal of ranking in the top 100 in the world,” Mr Lewison said in a press statement. Coming from West Bay, Mr Lewison always had his eyes set on greatness. He became an amate ...

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Support continues for ocean literacy

The Ocean Literacy Programme is a long-term project, which KPMG has been supporting for four years. The next phase of the Ocean Literacy Programme is currently being launched within government schools, offering a competition (with supporting teaching materials) and the opportunity to win a class trip to the Little Cayman Research Centre. The schools must provide a visual and written class piece, describing ...

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Chevron completes sale of its Cayman business

Chevron, through its local affiliates, announced this Tuesday, 1 May, that it had concluded the sale of its fuels marketing and aviation businesses in the Bahamas, Cayman Islands and Turks & Caicos to Vitogaz, S.A., a wholly-owned subsidiary of RUBIS. In a press statement, Chevron announced that the sale of the businesses in these three markets includes a network of 39 retail stations, eight aviation fa ...

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Big win for Cayman at the Big Game!

Mexico’s road to the 2015 Rugby World Cup may have started in Mexico in front of IRB Chairman Bernard Lapasset, Rugby World Cup winner and 2015 World Cup Ambassador Lawrence Dallaglio and the William Web Ellis Trophy, but that journey ended in George Town on Saturday, 21April at the Truman Bodden Sports Complex. Cayman Big Game 1, an event featuring junior rugby exhibition matches, the RCIPS marching band, live acts such as Jeffrey Wilson, DJ XS and a host of other local talent, came to a climax at 4:00 p.m. when Cayman v Mexico kicked off in front of an estimated 2,000 people with more watching internationally online at www. caymanrugbytv.com. ...

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