Cayman Islands

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Cayman Islands

(kā`mən), British dependency (2015 est. pop. 60,000), 100 sq mi (259 sq km), comprising three low-lying islands in the West Indies. George TownGeorge Town,
town (1989 pop. 12,921), capital and administrative center of the Cayman Islands, in the West Indies. A major offshore banking and business center, it is the site of several hundred banks.
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, the capital and chief port, is on Grand Cayman; the other islands are Little Cayman and Cayman Brac. The British monarch is the head of state, and is represented by a governor. There is an 18-seat Legislative Assembly; the government is headed by the premier. The Cayman Islands are divided into eight administrative districts.

The largely Christian, English-speaking population is about 40% mixed European and African ancestry, 20% white, and 20% black. Finance and luxury tourism are the economic mainstays of the islands, which are an international center for offshore banks, insurance companies, and mutual funds. Almost all goods are imported, primarily from the United States.

The islands were sighted by Christopher Columbus in 1503, but were colonized by the British beginning in the 1800s. Administered from JamaicaJamaica
, independent state within the Commonwealth (2015 est. pop. 2,872,000), 4,232 sq mi (10,962 sq km), coextensive with the island of Jamaica, West Indies, S of Cuba and W of Haiti. Jamaica is the largest island in the Caribbean after Cuba and Hispaniola.
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 after 1863, they became a separate British crown colony when Jamaica became independent in 1962. In 2004, Hurricane Ivan brought widespread destruction to the islands.

Cayman Islands


a British possession in the West Indies, in the Caribbean Sea. The territory consists of the Grand Cayman, Little Cayman, and Cayman Brae islands. Area, 259 sq km. Population, 10, 600 (1970 census). The inhabitants are Creoles, Negroes, and mulattoes; more than 80 percent live on Grand Cayman. Administrative center, Georgetown.

The islands are governed by a representative of the British crown. The main industries are agriculture, catching caimans and turtles, salt mining, and tourism. The Caymans were discov-ered by Christopher Columbus in 1503.

References in periodicals archive ?
Butterfield is a full-service bank and wealth manager headquartered in Hamilton, Bermuda, providing services to clients from six jurisdictions: Bermuda, the Cayman Islands and Guernsey, where our principal banking operations are located; and The Bahamas, Switzerland, Guernsey and the United Kingdom, where we offer specialised financial services.
The Cayman Islands amended its Companies Law to prohibit the use of any bearer shares as of May 13, 2016.
The Cayman Islands are part of the consular district administered by the U.
This agreement is expected to help HMRC ensure the correct amount of tax is being paid by UK taxpayers with money in Cayman Islands accounts while increasing HMRC's ability to clamp down on tax evasion.
It profiles the top insurance companies in the Cayman Islands and outlines the key regulations affecting them
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According to the publication, the Cayman Islands government was evaluating a proposal put forward by PAL--and one of its significant stakeholders, San Miguel Corp.
The visit to the Cayman Islands last week was the result of a request from the Royal Cayman Islands Police Service (RCIPS) and the Gover nor of the Island for help after they suffered five fatal shootings in just nine days.
UTStarcom Inc (NASDAQ:UTSI), a provider of interactive, IP-based network solutions in iDTV, IPTV, Internet TV and broadband for cable and telecom operators, said today that its proposed reorganisation as a Cayman Islands company has been approved by shareholders.
Offshore helicopter services provider CHC Helicopter said yesterday that it has formed a joint partnership with the Civil Aviation Authority of the Cayman Islands (CAACI) and has been issued with a Cayman Islands Air Operator Certificate (AOC).
in particular, have been exhausted DETECTIVES from Warwickshire and West Midlands Police are among a group of officers jetting off to the Cayman Islands to help local police tackle a surge in gang-related gun crime.

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