A man, who was later determined to be intoxicated, crashed the vicinity of Boatswain Bay Road, West Bay on Saturday. Reports from the Royal Cayman Islands Police Service (RCIPS) a Toyota 4Runner...

VS Naipaul is dead. Reports out of the United Kingdom quotes his wife, Lady Naipaul, as confirming his death. According to the BBC, she said he died surrounded by those he loved. Naipaul was 85. Born Vidiadhar Surajprasad Naipaulin Trinidad, Naipaulpublished more than 30 books including his masterpiece House for Mr Biswas, Mimic Men, Miguel Street, Mystic Masseur and A Bend in the River. He won the Booker Prize in 1971 and was awarded the Nobel Prize in Literature in 2001. This story will be updated as more information becomes available.

Photo courtesy the NHC.

The US National Hurricane Center is monitoring two approaching systems which it said has a low chance of cyclone formation. In an update on Friday afternoon, the NHC identified two areas of disturbed weather, one located midway between Africa and the Lesser Antilles. The NHC said strong upper-level winds are likely to limit the development of this system for the next day or two, but some gradual development is possible after that time while the system moves slowly westward through early next week. The NHC said the formation chance over the next 48 hours was low at 10 percent and the formation chance over the next five days was also low at 20 percent. The NHC made note of another non-tropical area of low pressure which was forecast to form over the central Atlantic in a few days. The low-pressure system could gradually acquire subtropical or tropical characteristics while moving slowly northeastward for couple of days thereafter. The formation chance through 48 hours was low at near zero percent while formation chance through 5 days was also low at 20 percent. The NHC said it will continue to monitor these systems as they develop. Get the latest local and international news straight to your mobile phone for free: Download the Loop News Caribbean app on Google Play Store:http://bit.ly/GetALoop Download the Loop News Caribbean app on the App Store: http://bit.ly/GetiLoop

The head one of the world’s most important anti-money laundering organizations will be speaking at a financial services seminar in Cayman on August 29, 2018. Dawne Spicer, Executive Director of the CFATF, the regional arm of the FATF and the global standard setting body on anti-money laundering, will be delivering a keynote presentation on AML/CFT best practices, relating to payment systems and Cryptocurrencies for financial services institutions. “I am very pleased to participate in this seminar in the Cayman Islands. Innovations within payment systems, as well as the introduction of Cryptocurrencies have important implications for risk management within the financial services industry and I look forward to discussing these topics and engaging with the audience on the global best practices to mitigate these risks,” said Spicer, Executive Director of the CFATF. Other speakers at the seminar include Francis Arana, Head of the Anti-Money Laundering Unit of the Cayman Islands Government, as well as local industry expert Peter McKiernan of Risk Pass AML & Compliance Ltd. “The seminar will feature presentations on how the existing AML/CFT framework can be applied to Cryptocurrencies and ICOs, as well as the mechanics of how the new segments of industry operate and where their risk exposure lies,” said Paul Byles, Director of FTS and organizer of the seminar. “As one of the world leaders in the fight against money laundering, Ms. Spicer has a very busy schedule, so we were very pleased to have been able to include her as the keynote presenter at this unique seminar,” he added. “New technologies are disrupting the way in which the financial services industry operates and with that comes a range of new risks that need to be adequately managed. The purpose of the seminar is to provide guidance to financial services staff in the Cayman Islands on how to identity the new risks and how to adjust their compliance systems to mitigate them”, said Byles. The seminar will take place on Wednesday August 29th, 2018, at The Westin Resort and Spa, from 8:30am to 11:30am. Registration is USD$400 (CI$336) and can be made online at ftscayman.com/events.

The Cayman Islands Department of Tourism (CIDOT) has brought on board a U.S. [ublic relations agency to help bolster the island’s tourism product. According to the CIDOT, The Richards Group, based out of Dallas, Texas was selected following a competitive procurement process. The Richards Group will help the destination’s main source market for visitation ensuring continued growth in arrivals and awareness in the U.S. leisure and business travel markets, as this remains a key priority for CIDOT. “The Cayman Islands is tasked by the government to stand out in the minds of potential travelers as the best choice for a Caribbean vacation and, through the destination marketing plan, convert this awareness to confirmed bookings,” said Rosa Harris, Director of Tourism. “By working with innovative agencies such as Coyne PR and The Richards Group, we aim to be bold in our communications and advertising as the Department of Tourism moves the Cayman Islands tourism business toward new initiatives that will achieve positive results,” she added. Rob VanGorden, principal at The Richards Group noted that his firm was happy to play a small part of Caymankind, and was look forward to the future. “We learned a lot during the past few months. Along with the bluest waters and the most luxurious white sand beaches – a must for any bucket list – the Cayman Islands has the most diverse, friendly and positive people on earth,” he said. This is not the first time CIDOT has worked with the firm, the two previously collaborated on campaigns such as Chef’d and Kids Culinary Capital of the Caribbean. They further noted that the firm is heavy weight in the industry having worked with companies such as Fiat USA, The Home Depot and the Dr. Pepper Snapple Group. ,

Course Leader at the Cayman Islands Law School Laura Panades hasbeen invited to present her research at an international conference in Florence, Italy. Panades’ research examined how the European Union reshapes public-private partnerships in European countries via the use of funding. The 7th Conference on the Regulation of infrastructures on New Network Structures discussed the latest developments on the regulation of water, energy and transport at a global level. The network brings together academics, law-makers and practitioners from different disciplines, such as politics, economics, engineering and the Law. This research feeds into the LLM in ‘International Finance: Law and Regulation’ at the Truman Bodden Law School, which includes a course on public-private partnerships. Publication of the conference paper is expected later this year in a reputable international journal. “The conclusions of my study seek to improve and inform future EU public funding programmes via public-private partnerships,” said Panades. “My research was received warmly and spurred interesting feedback from professionals working in a variety of policy area, “ added Panades. “This conference evidences the cutting-edge research skills and communication abilities of our faculty,” said Mitchell Davies, Law School director. “Conferences assist our staff in updating their knowledge and skills, which later feeds on the quality of the studies received by our student community,” she added. The European University Institute, one of Europe’s leading postgraduate research centres, is behind this initiative.

Workforce Opportunities and Residency Cayman (WORC) has appointed Joel Burke asDeputyDirector ofFinance,Administration andCustomerService. Burkeis set totake up his new role on September1,2018. He will be charged with responsibility for WORC’s accounting and financial management functions along with managing its human resources and customer service sections. WORCInterimDirector, Sharon Roulstone,described the role as “multifaceted”, saying she was “delighted to welcome Joel to the team". Burke started his career at EY, where he earned his qualification as a certified public accountant. Since then he has worked in various senior finance positions before taking on his current position as Chief Financial Officer for the Ministry of Community Affairs. Burke also volunteers on a government committee responsible for training opportunities and software development. “Joel is the perfect candidate for this role,” said Roulstone. “He is a young, energized professional who desires to positively impact the lives of his fellow Caymanians. He has the qualifications and aptitude to achieve great things at WORC.” Burke said he was “honoured”, adding: “I believe in the Ministry’s senior management, the Interim Director, and the Premier’s vision for the Cayman Islands. It is exciting to be part of the department charged with changing the landscape of this country by empowering Caymanians to create a brighter future for generations to come.”