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Compass News
Progressives announce Shadow Cabinet
Members of the People’s Progressive Movement announced Shadow Ministers during a recent radio appearance. The Shadow Cabinet plays a key role in Government accountability.
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Cayman Compass
Cayman strengthens safeguards to block illicit funds with new office
Cayman has set up a new office to spearhead the fight against illicit money, Premier and Finance Minister André Ebanks has said.
The Office for Strategic Action on Illicit Finance will act as a central authority designed to help keep the country in line with international standards, particularly those of the Financial Action Task Force.
Ebanks said the new office reflects an “unwavering commitment to effectiveness, not just technical compliance.”
“We must demonstrate that the Cayman Islands can swiftly and cohesively respond to the evolving threats of illicit finance, while meeting the FATF’s expectations for tangible outcomes.”
