Vexed Bermoothes

Blustery Opinions From Bermuda

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Entries Tagged as 'Cayman Islands'

PATI still alive

June 26th, 2009 · No Comments · Transparency

I am glad to see something is still happening on Bermuda’s freedom of information effort.  After so many years of lipservice, it’s time to get this on the legislative agenda.
GEORGE TOWN, Cayman Islands (GIS) — Bermudian government officials reviewed Cayman’s experiences with Freedom of Information (FOI) during an official visit last week.
The country’s two Cabinet [...]

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Cayman Opposition Wins Election

May 21st, 2009 · No Comments · Islands

The Cayman Islands had an election yesterday, viewed as a judgement on the performance of the People’s Progressive Movement (PPM) which won in a landslide in the 2005 elections there.
The public was obviously unimpressed as the Opposition United Democratic Party (UDP) took a commanding position in the polls (with more than 80% turnout), while voters [...]

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Transparency

April 3rd, 2009 · Comments Off · Business, Islands, Transparency

In discussing how the Cayman Islands have unilaterally extended tax information exchange with 20 countries, the former head of the Cayman Islands Monetary Authority (CIMA), Tim Ridley, notes that transparency and good governance are just as important as TIEAs:
“The Freedom of Information Law is a good marketing tool for Cayman as it shows we are [...]

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Independents Now

March 31st, 2009 · Comments Off · Islands

There’s an interesting trend in the Cayman Islands, which is due to hold elections next month.
For the first time, there are more candidates who have declared themselves as independent (22) than candidates affiliated with the island’s two parties (21), the incumbent People’s Progressive Movement (PPM) and opposition United Democratic Party (UDP).
Local political observers agree [...]

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Cayman New Constitution

February 14th, 2009 · Comments Off · Islands, Reform

The Cayman Islands has a new draft Constitution and Bill of Rights that will go before a public referendum on May 20.
Accompanying the draft are three letters from Foreign and Commonwealth Office (FCO) Minister for Overseas Territories Gillian Merron, detailing the terms under which the Cayman Islands can negotiate foreign treaties on its [...]

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Anti-Corruption Law

January 12th, 2009 · Comments Off · Accountability, Islands, Reform

Much has been made about the Cayman Islands’ success in implementing a freedom of information law – from start to finish – while the Bermuda Government still twiddles its thumbs in secretive internal deliberation.
But, the Cayman Islands have sought to further differentiate themselves in “good governance”.   Last summer, they also a passed an Anti-Corruption [...]

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Invade the Caymans!

January 5th, 2009 · Comments Off · Islands

Lefty magazine Mother Jones has some innovative ideas for solving America’s financial and taxation woes.
In 1983 just 10 percent of America’s corporate profits were funneled through places that charge little or no corporate income tax; today more than 25 percent of profits go through tax havens. The Obama administration could tell the [...]

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