Connect with us

Caribbean News

Cayman plunges in Financial Services ranking, flaws identified in security index says report

Published

on

By Shanieka Smith

Features Writer

 

#Cayman, May 19, 2022 – The Cayman Islands, which held the top spot in the Tax Justice Network’s global financial secrecy ranking, has now fallen to the 14th position. This comes following a data disclosure which has it that the financial services provided by the country to non residents was below expectations.

Cayman holding the top spot was due to significant flaws detected in the Financial Security Index choice of data and scoring when calculating a Global Scale Weight (GSW) for the country. Cayman Finance conducted an analysis last year that showed that portfolio liabilities were used instead of publicly-available data for financial services exports, and this made the Cayman’s GSW almost nine times higher than it should have been.

The Financial Security Index (FSI) assesses the secrecy of financial centers and its impact on global financial flows. It then grades each country’s financial and legal system on a scale out of 100: 0 is full transparency and 100 is full secrecy.

Rules on transparency on ownership of companies, trust and foundations, public access to annual accounts, and compliance with anti-money laundering standards are included in the 20 Key Financial Secrecy Indicators (KFSI) used to measure the FSI.

Cayman has the 10th highest FSI score in the Caribbean, the 30th in the world. At the same time, it had the second highest Global Score Weight (GSW) in the region (after the British Virgin Islands) and 14th in the world. The US has the highest Global Scale Weight because of its refusal to exchange information with the tax authorities of other countries.

Jude Scott, Chief Executive Officer of Cayman Finance, response to last year’s report was:

“We are confident in the leadership of the Cayman Islands Government and our financial services industry have shown in adopting global standards for transparency and tax information sharing. While fraud is a global issue that we all have a continued role in tackling, both the EU and the OECD have recently reviewed the Cayman Islands tax neutral regime and found it to be transparent, consistent with good tax governance principles and without the existence of harmful tax regimes. Those are the kinds of internationally recognized assessments that should be considered when assessing the Cayman Islands.”

Continue Reading

Caribbean News

Sandals Resorts and Beaches Resorts celebrate a night of wins, and take home a total of 16 titles at the 32nd Annual World Travel Awards

Published

on

~Sandals Resorts hosts the 32nd Annual World Travel Awards Caribbean and The Americas Gala & celebrates its 32nd consecutive win as The Caribbean’s Leading Hotel Brand~

 

MONTEGO BAY, JAMAICA, October 8, 2025 – Sandals Resorts and Beaches Resorts have been honoured with 16 awards at the 2025 World Travel Awards Caribbean and The Americas, underscoring their continued leadership across the hospitality landscape.

The Gala Ceremony held at Sandals Grande St. Lucian honoured the visionaries and trailblazers shaping the travel and tourism industry. The evening united government leaders and hospitality professionals for a night of celebration, recognition and inspiration.

Among celebratory toasts, Sandals Resorts International was named the Caribbean’s Leading Hotel Brand for the 32nd year in a row. Beaches Turks and Caicos also celebrated its 18th win as the Caribbean’s Leading All-Inclusive Family Resort, a recognition that comes ahead of the debut of its Treasure Beach Village, the resort’s $150 million expansion set to open spring 2026.

Other key wins include Sandals Dunn’s River, recognized as the Caribbean’s Leading Luxury All-Inclusive Resort for the third year in a row after opening its doors in 2023 and Sandals South Coast, awarded the Caribbean’s Most Romantic Resort.

The 16 awards won under Sandals’ portfolio are:

  • Caribbean’s Leading Hotel Brand 2025: Sandals Resorts International
  • Caribbean’s Leading All-Inclusive Family Resort 2025: Beaches Turks & Caicos
  • Caribbean’s Leading All-Inclusive Resort 2025: Sandals Montego Bay, Jamaica
  • Caribbean’s Leading Dive Resort 2025: Sandals Royal Curaçao
  • Caribbean’s Leading Honeymoon Resort 2025: Sandals Grande St. Lucian
  • Caribbean’s Leading Luxury All-Inclusive Resort 2025: Sandals Dunn’s River, Jamaica
  • Caribbean’s Most Romantic Resort 2025: Sandals South Coast, Jamaica
  • Bahamas’ Leading All-Inclusive Resort 2025: Sandals Royal Bahamian
  • Curaçao’s Leading All-Inclusive Resort 2025: Sandals Royal Curaçao
  • Grenada’s Leading All-Inclusive Resort 2025: Sandals Grenada
  • Jamaica’s Leading Adult-Only All-Inclusive Resort 2025: Sandals Negril
  • Jamaica’s Leading All-Inclusive Family Resort 2025: Beaches Negril
  • Jamaica’s Leading All-Inclusive Resort 2025: Sandals Montego Bay
  • Jamaica’s Leading Resort 2025: Sandals Royal Caribbean
  • Saint Lucia’s Leading All-Inclusive Resort 2025: Sandals Grande St. Lucian
  • Saint Vincent & The Grenadines’ Leading All-Inclusive Resort 2025: Sandals Saint Vincent and the Grenadines

Surrounded by the beauty of Gros-Islet, St. Lucia, the peninsula location of Sandals Grande St. Lucian created the perfect backdrop for World Travel Awards’™ guests to enjoy an unforgettable dining experience and breathtaking island views.

“At the heart of every Sandals and Beaches vacation is pure, inviting Caribbean soul, paired with world-class hospitality experiences for all our guests. The recognitions bestowed to our brands tonight are truly meaningful. They serve as a testament to the incredible passion and dedication of our talented team members,” said Adam Stewart, Executive Chairman of Sandals Resorts. “It is yet another reminder of why we will never stop evolving, listening to our customers and refining our experiences year after year.”

For more information about these award-winning resorts, please visit www.sandals.com and www.beaches.com. For more information on the World Travel Awards™, please visit https://www.worldtravelawards.com/.

Continue Reading

Caribbean News

Caribbean Powerhouses to Inspire at CaribCon in the Turks and Caicos Islands  

Published

on

Dr. Terri-Karelle Johnson is the keynote speaker at CaribCon

 

Providenciales, Turks and Caicos Islands (October 6th, 2025) – CaribCon, the Caribbean conference celebrating culture, innovation, and creativity, will welcome some of the region’s most influential voices to its inaugural edition in the Turks and Caicos Islands. The event, set to be a dynamic gathering of thought leaders and cultural icons, will feature impactful panel discussions, inspiring and intimate fireside chats and a flow of knowledge from some of the Caribbean’s brightest and best in the creative sector.

Elizabeth “Lady” Montano

Jamaica’s own Dr. Terri-Karelle Johnson, celebrated communications specialist, media personality, and global keynote speaker, will headline CaribCon as the official keynote speaker. Known for her ability to connect authentically and inspire audiences worldwide, Dr. Reid will share her insights on Caribbean identity, storytelling, and the power of representation in shaping global narratives.                                                                                                                                                                                      Another highlight of CaribCon will be the presence of Elizabeth “Lady” Montano, mother and former manager of soca superstar Machel Montano. Lady will launch her award-winning book, King of Soca, in which she is positioned as the ultimate insider, chronicling the evolution of one of the Caribbean’s most iconic entertainers. She will also share her invaluable experiences on nurturing talent, building a brand, and sustaining longevity in the competitive music industry in an intimate fireside chat.                                                                                                                                   Adding further star power to the event is Simon Baptiste, CEO of Question Mark Entertainment, co-founder of ODOS, a global collective network spanning over 1000 professionals in 35 countries, film director, talent manager and creative strategist. Baptiste will bring his expertise to conversations on shaping the region’s creative sector and talent.

Simon Baptiste

“CaribCon is where the Caribbean’s voices, ideas, and creativity converge,” says Omega Simmons, founder of CaribCon and CEO of SOS Media. “Having leaders like Terri Karelle, Lady Montano, and Simon Baptiste share their stories and expertise truly embodies the spirit of this event. Their presence reinforces the power of Caribbean culture to inspire and influence on the world stage.”                                                                                                                                                               CaribCon will take place at the Shore Club in Providenciales, the Turks and Caicos Islands, from October 23rd to 26th. Attendees can look forward to networking opportunities, panel discussions, and meaningful dialogue to foster an ecosystem that develops the region’s creative sector and propels it onto the global stage.

Sponsors are:

Signature Experience Partners: Ministry of Tourism, Experience Turks and Caicos, and The Shore Club.

Other sponsors: PPID, Invest TCI, InterCaribbean Airways, Subtronic Sounds, Spotlight Communications.

Hotel partners: Ocean Club Resorts, Waterloo Hotel Management, The Somerset on Grace Bay and Ports of Call Resort.

For more information, tickets, and updates, visit www.caribcon.co or follow @caribconhq on all social media platforms.

For more information please email: contact@caribcon.co

Continue Reading

Caribbean News

Guyanese Scholar and Olympian Arrested in Iowa ICE Crackdown

Published

on

Deandrea Hamilton | Editor

 

September 27, 2025 – In a shocking breach of public trust and institutional oversight, Ian Andre Roberts, superintendent of Des Moines Public Schools, who is a citizen of Guyana, was arrested on September 26 by U.S. Immigration and Customs Enforcement (ICE) under a string of serious offenses that raise troubling questions about hiring practices, accountability, and public safety.

Roberts, born in Georgetown, Guyana, is a former Olympian and accomplished scholar.  According to online reports, he earned a bachelor’s degree from Coppin State University after transferring from St. Francis College in Brooklyn, where he played soccer.  He holds two master’s degrees—from St. John’s University and Georgetown University’s McDonough School of Business—attended an Executive MBA program at MIT Sloan School of Management and earned a doctorate in education with a focus on urban educational leadership from Trident University.

Despite these accomplishments, Roberts was living and working without legal authorization.  ICE reported that he fled a traffic stop and abandoned his school-issued vehicle.  At the time of his arrest, he was reportedly in possession of a loaded handgun, a fixed-blade hunting knife, and $3,000 in cash.  He also has a prior weapons-related charge.

ICE officials questioned how Roberts could hold such a prominent role while subject to a final deportation order issued in May 2024.  The school district said they were unaware of his immigration status, noting that he had undergone background checks and completed an I-9 form confirming work authorization.  Roberts was placed on administrative leave pending further investigation.

This case highlights vulnerabilities in systems meant to safeguard public institutions and underscores the challenges ICE faces in identifying individuals operating outside U.S. immigration laws while in positions of authority.

For many, Roberts has become a near-literal poster child for these enforcement gaps.

Continue Reading

FIND US ON FACEBOOK

TRENDING