Issue No. 671 Monday, 7 June 2004
New Labour Law Favours Workers
 The
new Employment Law, which is proposed to take effect in September pending
approval by the HE the Governor, will give the Department of Employment
Relations (DER) authority to compel employers to abide by original employee’s
contracts. In a telephone interview with Cayman Net News, DER Director
Walling Whittaker made it clear that the Department has policies in place to
help workers find resolutions...
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Sagicor General Launches in Cayman
Financial Secretary Hon George McCarthy, helped welcome
Sagicor General Insurance Inc to the Cayman Islands at the company’s official
launch reception at the Grand Old House last Thursday. Sagicor General
Insurance Inc has evolved from the Barbados Fire & Commercial Insurance Company
(BF&C) and will be represented in the Cayman Islands by Derek E. Bogle &
Associates...
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Death Threat Made Against Caribbean Net Reporter
Grenadian journalist Leroy Noel reported last Thursday that
he is now facing a threat on his life. Mr Noel, who is a frequent
contributor to our sister publication Caribbean Net News and several
other media houses told police that he received a telephone call on his mobile
phone around 6:30 am local time last Thursday saying, "Leroy Noel, write any
more stories about the Prime Minister and you are a dead man."...
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New Health Practice Law is now in effect
The Health Practice Law (2002) came into effect on Monday, 1 June, marking a
significant legislative change to better protect the health of the Cayman
Islands public. This enactment ushers in more detailed and sophisticated
regulation of health professionals and institutions in which health services
are provided, through the establishment of a Health Practice Commission and
four professional councils, said the Minister of Health Services, the Hon
Gilbert McLean...
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Ireland's financial regulator given some teeth following Cayman Islands tax scam
According to the Financial Times, Ireland's new financial
regulator, the Irish Financial Services Regulatory Authority (IFSRA) is to be
given powers to fine and name errant institutions under draft legislation going
through the Dail, the Irish parliament. The creation of IFSRA was a
populist response to the public outrage at the scandals that surfaced from the
investigation of bogus non-resident deposits to the discovery of the Ansbacher
accounts, an elaborate Cayman Islands tax scam operated by the personal
financial adviser of former prime minister Charles Haughey...
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Person of the Day - Sharon Ivy Faner
 Originally
from Manila in the Philippines, Sharon Ivy Faner has been living in the Cayman
Islands for seven years, and works at Maedac Texaco service station in Crewe
Road, saving her money to send home to her two-year-old daughter, Ara Monica
Kade. “Right now I am not with my daughter,” says Sharon, “she is living
with my mum in the Philippines, but I know she is doing well."...
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