Timeline Cayman Islands

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Grand Cayman, Cayman Brac and Little Cayman comprise the group. The capital is George Town.
    (SFEC, 2/16/97, p.T8)

1503        May 10, Columbus stumbled across the Cayman Islands and dubbed them Las Tortugas after the numerous sea turtles.
    (SFEC, 2/16/97, p.T8)(HN, 5/10/98)

1530        The Las Tortugas Islands were renamed the Caymans, They were named after an indigenous type of crocodile that no longer lives there.
    (AP, 5/10/03)

1655         The three Cayman Islands came under British control when Oliver Cromwell's army captured nearby Jamaica from the Spanish.
    (AP, 5/10/03)

1700        British settlers began arriving to the Cayman Islands.
    (AP, 5/10/03)

1863        The Cayman Islands became a British Caribbean territory.
    (AP, 5/10/03)

1959        Jul 4, Cayman Islands separated from Jamaica and was made a crown colony.
    (Maggio)

1993        The Dart Corp. brothers Kenneth and Robert renounced their US citizenship to avoid US income taxes and set up shop in the Cayman Islands.
    (WSJ, 12/5/97, p.A1)

1996        A 330-foot Russian destroyer was sunk in 60 feet of water off Cayman Brac as an attraction for scuba divers.
    (SFEC, 2/14/99, p.T12)

1997        Dec 12, The Cayman Islands told the Norwegian Cruise Line that a chartered 910-passenger ship of gay people would not be allowed to dock.
    (SFC, 1/7/98, p.A8)

2003        Dec 18, The Cayman Islands banned fishing in grouper spawning areas for eight years, citing a sharp decline in the species' population. The ban took effect of Dec 29.
    (AP, 12/19/03)

2004        Sep 13, In the Cayman Islands officials estimated one-quarter to one-half of Grand Cayman's 15,000 homes were damaged by fierce winds and flooding from Hurricane Ivan.
    (AP, 9/14/04)

2005        William Brittain-Catlin authored “Offshore: The Dark Side of the Global Economy.” It focused on the Cayman Islands, the 5th largest banking center in the world.
    (SSFC, 7/10/05, p.E3)

2006        Nov, Thousands of tiny parasitic wasps were released in the Cayman Islands to combat an island-hopping insect that has destroyed crops throughout the Caribbean. Mealybugs have destroyed millions of dollars in crops and ornamental plants across the Caribbean since they were first reported in the Western Hemisphere, in Grenada in 1994. They reached the US Virgin Islands in 1997, and Puerto Rico a year later.
    (AP, 11/22/06)

2007        Feb 24, The Cayman Islands were cited as the world’s 5-th largest banking center with $1.4 trillion in assets.
    (Econ, 2/24/07, SR p.4)

2008        May 4, In the Cayman Islands 5 captive Grand Cayman Blue Iguanas, critically endangered lizards that resemble miniature turquoise dragons, were found scattered across a breeding park in the British dependency after they apparently were stomped and gouged.
    (AP, 5/7/08)

2008        Aug 29, Tropical Storm Gustav drenched Jamaica, killing at least 4 people, and rolled over the Cayman Islands with fierce winds that tore down trees and power lines, setting off alarm from Cuba to New Orleans, and at gas pumps across the US.
    (AP, 8/29/08)(AP, 8/30/08)(SFC, 8/30/08, p.A3)
2008        Sep 30, The Cayman Islands announced plans to scuttle a decommissioned US Navy ship to create an underwater attraction for scuba divers and snorkelers.
    (AP, 10/1/08)

2009        May 14, The OECD ruled to keep Britain’s Cayman Islands on its list of un-cooperative tax havens.
    (Econ, 5/23/09, p.41)
2009        May 20, The Cayman Islands elected a new government.
     (Econ, 5/23/09, p.42)
   
2010        Feb 14, British author Dick Francis (b.1920), a former jockey whose thrillers rode high in best-selling lists for decades, died at his Caribbean home in Grand Cayman. His first book was a 1957 autobiography titled “The sport of Queens.” His first novel, “Dead Cert,” came out in 1962 and was followed by 41 more.
    (AFP, 2/14/10)(http://en.wikipedia.org/wiki/Dick_Francis)(SFC, 2/15/10, p.C3)

2010        Apr 12, A British scientific expedition said it has discovered the world's deepest known underwater volcanic vent off the Cayman Islands.
    (AP, 4/12/10)

2011        Jan 5, The USS Kittiwake, a decommissioned 1945-vintage submarine rescue ship, was scuttled in the clear Caribbean waters of the Cayman Islands, where officials say the sunken vessel will attract fish and tourists.
    (AP, 1/6/11)

2012        Aug 6, Cayman Islands Premier McKeeva Bush scrapped a plan to impose a direct tax on expatriates working in the British territory, which owes much of its prosperity to its famed role as a no-tax financial center.
    (AP, 8/7/12)

2012        Dec 11, Premier McKeeva Bush (57), the leader of the Cayman Islands' government, was arrested on suspicion of theft, abuse of office and breach of trust in the famed Caribbean tax haven.
    (AP, 12/11/12)

2012        Dec 18, Cayman Islands Premier McKeeva Bush was removed from office over his arrest on various charges.
    (SFC, 12/20/12, p.A2)

2012        Dec 19, The British-appointed governor of the Cayman Islands named Julianna O’Connor as the territory’s new premier.
    (SFC, 12/20/12, p.A2)

2013        Jan 9, Argentina’s ARA Libertad naval ship returned home from Ghana after being held there on a claim by a Cayman Islands-based hedge fund.
    (SFC, 1/10/13, p.A2)

2013        May 2, Britain’s Chancellor George Osborne said tax havens such as Bermuda and the Cayman Islands will work more closely with Britain and other European countries to fight tax evasion.
    (Reuters, 5/2/13)

2013        May 23, Election officials in the Cayman Islands said the opposition party has won nine of 18 seats, one short of a majority needed to control the British territory's legislature. Ousted former Premier McKeeva Bush was re-elected to the West Bay seat he has held since 1984.
    (AP, 5/23/13)(Econ, 5/25/13, p.35)

2013        Jun 15, Britain clinched a deal with its major offshore tax havens on Saturday that will see 10 British overseas territories and crown dependencies sign up to international protocols on information sharing. Those included were Bermuda, British Virgin Islands, the Cayman Islands, Gibraltar, Anguilla, Montserrat, Turks and Caicos Islands, Jersey, Guernsey and the Isle of Man.
    (Reuters, 6/15/13)

2013        Aug 15, The Cayman Islands said it has concluded negotiations with the US on pacts to report information on accounts of American citizens.
    (SFC, 8/16/13, p.A2)

2013        Nov 5, Britain signed an information-sharing agreement with the Cayman Islands, one of its overseas territories, to help British authorities improve tax collection.
    (Reuters, 11/5/13)

2013        Nov 29, The US Department of Treasury said in a statement that the Cayman Islands, a British territory, will share tax information about US account holders with the US Internal Revenue Service.
    (AP, 11/29/13)

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