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Compass News
Cayman launches ACAMS chapter to strengthen regional compliance leadership
The new ACAMS Cayman Islands chapter underscores the jurisdiction’s commitment to financial integrity and its progress since being removed from the FATF grey list.
| 00:02:34
Cayman Compass
Inflation up despite utility bill drop
The latest inflation numbers were mostly bad news for Cayman’s consumers, with prices across the island still rising.
The Consumer Price Index published by the Economics and Statistics Office on 6 Oct. showed prices rose at an annualised rate of 1.9% in the second quarter of 2025.
That’s a relatively modest increase by international standards, with the US, Canada, UK and Eurozone all having higher rates of inflation.
Not only are prices higher but the amount they increased – i.e. the rate of inflation – between April to June 2025, is higher than the 1.7% increase over the same time period last year.
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