CIIPA welcomes changes to Accountants Act Loop Cayman Islands
Black Immigrant Daily News
New Accounting Bill makes changes to Accountants Act
CIMA advises of new bank account numbers for regulatory fee payments
Water Authority disconnections for Monday, August 22
SEC charges 18 people for hacking retail brokerage accounts and fraud
Education Dept announces examinations results collection process
HCMI & Red Cross offer training for disaster preparedness
Cayman lifts all COVID travel restrictions
August 20, 2022 06:53 AM ET
CIIPA Council
The Cayman Islands Institute of Professional Accountants said that they welcome provisions included in the Accountants (Amendment) Bill, 2022, which updates certain legislative references and definitions, enhancing the administration of the legislation.
According to CIIPA, CIIPA led the effort to initiate the changes and worked together with the Ministry of Financial Services on the legislation.
“We appreciate the opportunity to collaborate with the Ministry of Financial Services on this bill as well as working together on future necessary amendments,” CIIPA Chief Executive Officer Sheree Ebanks said. “CIIPA’s input stemmed from its members’ vast experience and knowledge. CIIPA is also thrilled to formally recognize our retired members who have contributed significantly to the development of the profession and the financial services generally. We look forward to the Bill’s passing as it will allow CIIPA to more effectively, efficiently and equitably act in its role of industry regulator for the Cayman Islands.”
CIIPA is eager to become more inclusive in its membership offerings. In addition to recognising retired members, student membership would now be open to anyone legally residing in Cayman who is pursuing a professional accounting qualification.
The Ministry of Financial Services announced the Bill through a press release on Monday, August 15. In it, the Ministry outlined the key provisions of the Bill, which include clarity around the definition of firms of public accountants, broadening of licensing scope and categories of CIIPA members.
More From
Proof of vaccination no longer required to enter the country
Members of the OfReg Board and Senior Management Team began what will be a series of familiarisation visits with utility operators and licensees across all regulatory sectors, at CUC’s main facility e
The Cayman Islands Institute of Professional Accountants said that they welcome provisions included in the Accountants (Amendment) Bill, 2022, which updates certain legislative references and def
Caymax Sports Ltd., owners of the Cayman Islands Classic, has announced that the Westin Grand Cayman Seven Mile Beach Resort & Spa has been named the exclusive hotel sponsor of the tournament taki
Readers are asked to note that Op-eds do not necessarily reflect the opinions or beliefs of Loop Cayman.
by ‘Caymanian’
Cayman’s total population is 71,105 (not including the prison population
Existing limited liability companies (LLCs) would no longer have to file a certificate of amendment on membership changes with the Companies Register, as one of the key proposed changes in the Li
NewsAmericasNow.com