April 24, 2018

Archives for January 10, 2018

Cayman Islands: HMCI Statement on Tsunami Response

Following an earthquake north of Honduras late last night (Tuesday, 9 January 2018) the Cayman Islands was placed under a tsunami threat for around two hours. Just over a half-hour after the incident, sensors in the port of George Town registered a wave of 0.6 feet in height, as a result of the quake. Following […]

FDIC win against PwC could finally force auditors to look for fraud

By Francine McKenna From Market Watch Ruling could cost PwC more than $1 billion The story has been updated with a more recent statement from PwC. A federal judge has given the Federal Deposit Insurance Corp. a big win against PricewaterhouseCoopers, a decision that could cost the auditor more than $1 billion in damages and […]

Cayman Islands National Gallery Annual Outreach Exhibition

The National Gallery of the Cayman Islands (NGCI) is currently exhibiting over 100 works of art by the 50+ participants who took part in the NGCI Outreach programmes in 2017. The NGCI Outreach programmes cater to a wide variety of community groups, ages and abilities. Art classes and special events are held on site at […]

Intertrust : Tick tock goes the Cayman Beneficial Ownership Regime clock

At the end of 2017 changes to the Cayman Islands Beneficial Ownership Regime, established on 1 July 2017 were passed making substantive revisions to previous exemptions where certain categories of companies or limited liability companies do not need to maintain a register. All Cayman Islands companies and limited liability companies need to take steps to […]

NRI Voice: Cayman Calling

By Keerthi Mohan From Little India When he moved to Cayman Islands, Sujith Kumar was surprised to see the number of Indians living in the British territory in the Caribbean. Sujith Kumar’s journey to Cayman Islands is nothing short of the stuff that makes a movie. The hospitality industry professional has been working at a […]

The Editor Speaks: Earthquakes

It is a sobering thought that if we were struck with a Tsunami the majority of us would not have known about it. This is especially true if the event happened after 10PM. Last night at 10:46PM we received an Information Statement from Cayman Islands Hazard Management issued “regarding a possible tsunami threat for the […]

Cayman Islands: Three-Vehicle Collision on Shamrock Road, 9 January

From RCIPS Shortly after 7PM on Tuesday, 9 January, the 9-1-1 Communications Centre dispatched officers to a report of a motor vehicle collision on Shamrock Road involving a Honda Inspire, SsangYong Tivoli and a Dodge Caliber. The Dodge overturned during the collision, and the Honda Inspire, which had been traveling east, came to a stop […]

Cayman Islands Court of Appeal – Receivers ‘sell’ away into the sunset!

From Harneys In a recent decision of the Grand Court of the Cayman Islands in Sellten Polska SP. Z.O.O. v JSC Mezhdunarodniy Promyshlenniy Bank, the Honourable Justice Mangatal approved an application by the joint receivers of DB Marine, to sell a yacht known as DB9 for $US6 million. Sellten Polska SP. Z.O.O. (the “Appellant”) appealed […]

Cayman Islands offers YET registration

By BRYONY MCCABE From Superyacht News The scheme enables Cayman-flagged private yachts to charter for a for a limited time per year in France… The Cayman Islands Shipping Registry (CISR) has announced the procedure that is to be followed by a pleasure yacht registered in the Cayman Islands in order to obtain Yacht Engaged in […]

Island hopping in Guadeloupe

Here are all the best things to do in this Caribbean archipelago By Stephanie Takyi From Metro.co.uk Stephanie Takyi is a digital nomad with a big wanderlust for life and a zest for exploring the world. The promise of sun and adventurous island-hopping makes Guadeloupe an ideal tropical escape from the cold blues of a […]