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The Cayman Islands dollar has been pegged to the United States dollar at 1 Cayman Islands dollar = 1.2 U.S. dollars since 1 April 1974, when the Currency Law of 1974 was enacted. [2] In 1983, the 1974 law was repealed and replaced by the Currency Law Revised, which itself was replaced in 1997 by section 22 of the Monetary Authority Law. [ 4 ]
The Cayman Islands' tax-free status has attracted numerous banks and other companies to its shores. More than 92,000 companies were registered in the Cayman Islands as of 2014, [13] including almost 600 banks and trust companies, with banking assets exceeding $500 billion.
The Cayman Islands (/ ˈ k eɪ m ən /) is a self-governing British Overseas Territory, and the largest by population.The 264-square-kilometre (102-square-mile) territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located south of Cuba and north-east of Honduras, between Jamaica and Mexico's Yucatán Peninsula.
Under Cayman Islands law, Anholt's lawyer wrote back, creditors had no obligation to achieve the highest possible price. As for Melka, company balance sheets show that his stake in the plantations ...
Kenneth Bryan Dart (born 1955) is a Cayman Islands-based billionaire businessman. [1] His family founded Dart Container, a food and beverage packaging company and the owner of the Solo Cup Company. [1] Dart owns real estate development and investment companies in the U.S. and Cayman Islands and developed the town of Camana Bay. [1]
British Virgin Islands (Virgin Islands) [21] United Kingdom: Road Town: United States dollar: English: 153 31,122 34,200 (2017 est.) Cayman Islands [22] United Kingdom: George Town: Cayman Islands dollar: English: 264 68,136 71,549 (2018 est.) Curaçao (Country of Curaçao) [23] Netherlands: Willemstad: Netherlands Antillean guilder: Dutch ...
The Parliament of the Cayman Islands has 21 members. Nineteen members are directly elected by first-past-the-post voting from single-member constituencies, for a four-year term. Two ex officio (appointed) members are the Deputy Governor and the Attorney-General, who are appointed by the Governor of the Cayman Islands. [2]
Women's suffrage in the Cayman Islands was granted in 1959. Women created two separate petitions for women's suffrage and sent them to the government in 1948 and in 1957 to request the right to vote. The right to vote in the Cayman Islands was signed into law as Law 2 of 1959.