March 19, 2018

Ministry of Education supports Junior Achievement

The Ministry of Education is a corporate ambassador of Junior Achievement Cayman and recently provided the organisation with a sponsorship cheque honouring their suppor Photo: Hon. Rolston Anglin, JP, Minister for Education, Training and Employment, with Ministry Chief Officer Mary Rodrigues, presented a cheque of CI$5,000.00 to President of Junior Achievement Cayman Paul Byles.  Also […]

EADS and Tales of Whistleblowers: A Compliance Nightmare?

Contributor:  Thomas Fox What is a compliance professional’s worst nightmare? Last week in Episode 49 of This Week in FCPA, Howard Sklar and I speculated on why the UK Serious Fraud Office (SFO) would announce it was opening an investigation into the activities of the UK defense contractor, EADS. On Tuesday, in a Financial Times […]

Hedge Fund Havens Weigh Taxes as Caribbean’s Debt Rivals Greece

By Eric Sabo Bloomberg From the Cayman Islands to the Bahamas, hedge fund havens are considering a surprising remedy for widening deficits — higher taxes. The Bahamas is planning a town hall to debate a tax overhaul that may include the nation’s first income and sales tax. In the Cayman Islands, which has the highest […]

Fifth annual CISPA Gala honours new Caymanian accountants

The Cayman Islands Society of Professional Accountants recently honoured 14 Caymanian accountants at its fifth annual gala at the Ritz-Carlton on Saturday, 6 October. This year’s honourees included ten newly qualified CPAs and five graduates with a bachelor’s degree in accounting.  The officers and council members of CISPA believe it is important to show their […]

CDB board approves flagship poverty-reduction programme’s seventh phase

The Board of Directors of the Caribbean Development Bank (CDB) has approved the seventh phase of the Bank’s Basic Needs Trust Fund (BNTF) Programme.   Funding for BNTF 7 is estimated at USD51.74 million.  Contributors to BNTF 7 have approved a contribution of USD46 million, while Governments of the participating countries will provide a counterpart amount […]

Company VietNam Holding Limited TIDM VNH Headline Publication of EGM Circular Released 14:01 25-Oct-2012 Number 5481P14

RNS Number : 5481P VietNam Holding Limited 25 October 2012 VIETNAM HOLDING LIMITED Publication of EGM Circular Following the announcement on 18 October 2012, the Directors of Vietnam Holding Limited (the “Company”) have decided to recommend to shareholders and warrantholders that the term of its warrants, which were issued by the Company through a bonus […]

HSBC Hong Kong Cayman Reception

During his visit to Hong Kong Premier McKeeva Bush attended a financial services industry reception hosted by HSBC on behalf of the Cayman Islands at its Hong Kong headquarters. Among industry partners attending the reception were representatives from Maples, Appleby, Ogiers, Conyers, Aima, and Simmons & Simmons. Premier Bush used the opportunity to speak about […]

EADS subsidiary GPT sued by bribery allegation company [in Cayman Islands]

By Jonathan Russell, and Angela Monaghan, Daily Telegraph A Cayman Islands company alleged to have received millions of pounds in bribes from an arm of defence giant EADS is suing the subsidiary after its contract was terminated. Duranton International, which is understood to be one of two offshore vehicles alleged to have received bribes, has […]

Owen Roberts Airport redevelopment takes a step forward to Canada

Three days of high level talks between Cayman and Canada to advance the Cayman Islands Airport Redevelopment Project took place recently. Cayman Islands participants included the Cayman Islands Airports Authority (CIAA), the Cayman Islands Tourism Association, Cayman Enterprise City, the Cayman Islands Chamber of Commerce, the Civil Aviation Authority of the Cayman Islands, the Auditor […]

Mozambique to Become Vital Energy Exporter

By Terrence Murray, The Financialist Offshore Mozambique is believed to hold huge natural gas reserves, large enough to turn the country into a pivotal energy exporter. Mozambique’s economy is poised to undergo a radical transformation with the ongoing development of the Rovuma Basin and its giant gas reserves.  US energy independent Anadarko Petroleum and its […]