Premier: Higher bank licence fees just the ‘opening salvo’
Cayman’s Class A banks came under the spotlight at a Finance Committee meeting in Parliament on 14 Nov.
Senior officials signalled that the government is exploring new fee structures to force banks operating locally to pay more to government and create jobs for Caymanians.
Rolston Anglin, minister for finance and economic development, presented a schedule of proposed fee increases across 25 categories, which included increasing bank and trust licences. For a more complete summary of the story, please see the below link:
Published on: Nov 24, 2025 03:59 PM