Practical lessons for recovery from the COVID-19 pandemic: Principles for recovery
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An unprecedented pandemic crisis
The World Health Organization (WHO) declared a Public Health Emergency of International Concern for the 2019 novel coronavirus on 30 January 2020. Since the SARS-CoV-2 virus was first recognized in December of 2019, it has spread across the world. In March 2020, the WHO assessed that the outbreak had become a global pandemic – the first pandemic ever assessed to have been caused by a coronavirus (World Health Organization 2020a). In the first year of the pandemic, the virus has infected more than 70 million people. More than 1.5 million lives lost have been attributed to coronavirus disease 2019 (COVID-19), the disease caused by the SARS-CoV2 virus (World Health Organization 2020i).
Cayman Islands 2020 regulatory recap for alternative investment vehicles
Submitted
By Leanne Golding and Kevin Huys (pictured) –
2020 was a year unlike any in recent memory. We experienced ongoing disruptions to daily life due to the Covid-19 pandemic, ongoing tension surrounding the US election and a number of severe weather events. In the Cayman Islands, 2020 was also a very eventful year for regulatory and legal changes in the alternative investment industry. For those of you who were understandably distracted by other things, here’s a recap of the most significant changes affecting alternative investment funds which occurred over the past year.
The Anti-Money Laundering (AML) Regulations (2020 Revision)
New funding available for community radio stations
Community radio stations are being given a third chance to apply for a share of £200,000 emergency funding to help them through the Covid-19 crisis.
Ofcom administered two rounds of funding earlier this year with grants that provided 111 successful applicants totaling £406,810. These grants were awarded by the Community Radio Fund Panel, independent to Ofcom.
Applications are now open for grants of up to £7,500 only.
Applicants that have already received funding from any of the £750million Covid-19 Charities Package, including through other government departments, the Community Match Challenge, the Covid-19 Community Support Fund or the Big Night In, will not be eligible to receive this funding.