November 14, 2018

100 Women in Finance event tackles ten years of change in investment funds

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Ogier and KPMG are teaming up as 100 Women In Finance co-hosts later this month. Ogier investment funds partner Joanne Huckle is moderating a panel on the new funds era, examining the radical change facing the alternative investment industry. Joanne will be joined by international panellists from KPMG, Goldman Sachs Asset Management, CIBC and Indus […]

KPMG hit by Hong Kong High Court in $400m China Medical fraud

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REUTERS From Arab News BEIJING: Global accounting firm KPMG has suffered a major setback in its battle against liquidators of former US-listed health care firm China Medical Technologies Inc, whose executives have been charged in the US with defrauding investors out of more than $400 million. The China Medical case is the most high-profile and […]

KPMG revenues grow strongly to record $26.4 billion

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From Offshore Bankers Growth driven by client-focused investments in technology, innovative services, alliances and hiring Record high revenues for Fiscal Year (FY) 2017 of US$26.40 billion Revenue growth for FY2017 of 5% (in local currencies) driven by strong growth across Audit, Tax and Advisory services Growth in all three regions (Americas, ASPAC and EMA) KPMG […]

Dawn Howe to join Cayman Islands’ Genesis

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Genesis Trust & Corporate Services Ltd. (“Genesis”) announces that Dawn Howe will be joining Genesis, from 2 January 2018. J. Paul Drake, Managing Director of Genesis, said: “We are delighted that Dawn has agreed to join the team at Genesis. In the New Year she will be providing fiduciary services to clients and additional in-house […]

Australia: Privatisation gravy train rolls on

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By Michael West From michaelwest.com.au There’s no work like government work. Look what dropped out of the tree: the guide to the consultants’ gravy train 2012 to 2016. This is just NSW privatisations mind you. The mind boggles at how much taxpayer money has been crisped on other consultants, and in all states. Unlike the […]

Update on the new Cayman Islands John Gray High School

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The Ministry of Education is pleased to provide an update on the positive progress that has been made toward the completion of the new John Gray High School (JGHS) project. A contract with KPMG was signed this month to undertake a business case that will aim to meet stakeholder needs while ensuring value for money. […]

Dart-led consortium is preferred bidder for Cayman Islands ISWMS contract

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A Dart-led consortium has been chosen as the preferred bidder for the proposed Integrated Solid Waste Management System (ISWMS) to be implemented in the Cayman Islands. ISWMS will replace the current landfill in George Town, which is nearing the end of its life. The new system is expected to process and divert up to 95 […]

The Editor Speaks: Community affairs

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One can only wonder why the Public Accounts Committee (PAC) earlier this month was denied copies of a $180,000 KPMG outline business case on reforming the social services programme. Bodden Town MLA Chris Saunders had said, before he walked out of PAC meeting saying it was a waste of time, he had received privately a […]

Cyber Security the focus of upcoming Small Business Workshop

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The latest Small Business Workshop to be held at the Chamber’s Small Business Centre will focus on ‘Cyber Security,’ and it will be held on Monday, September 11 from 5:30 – 7:30 PM. With the continuous evolution of technology, cybersecurity is becoming more of a risk every day. Whilst we may only hear about cyberattacks […]

Cayman Islands government launches whistleblower hotline

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As a vital step in implementation of the new Anti-Fraud Policy, the Cayman Islands Government has launched a whistleblower hotline, which will be located overseas and operated by the accounting firm KPMG. The service can be used by anyone in the Cayman Islands or overseas, as a platform to report any suspected fraudulent incidents or […]