October 22, 2018

Offshore deals down 10% in the first half of the year [Cayman Islands #1]

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By: Pedro Goncalves From International Investment Offshore deals down 10% in the first half of the year The Cayman Islands saw more mergers and acquisition transactions than any other offshore jurisdiction in the first half of 2018 as Jersey took the number one spot in terms of total value, according to a report. A total […]

Cayman Islands bank seeks its money back from New Zealand financial services provider and affiliated NZ company

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By Gareth Vaughan From Interest.co.nz A Cayman Islands incorporated bank has turned to the New Zealand courts seeking to claw back money it says was entrusted to New Zealand registered financial service provider Worldclear Ltd on behalf of its clients. Global Fidelity Bank Ltd obtained preservation orders from Justice Paul Davison after claiming Worldclear acted […]

Gorgeous 30-day timelapse

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Gorgeous 30-day timelapse captures what it’s like to be out at sea BY XAVIER PIEDRA From Mashable The ocean is equally as beautiful as it is terrifying. This couldn’t have been captured anymore perfectly than in this timelapse video by YouTuber JeffHK. In the video, JeffHK documents his 30 day journey from the Red Sea […]

Worldwide: Avoiding The Nuclear Option

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By Joanne Collett, Timothy Haynes, Fiona MacAdam, Robert Foote and Neil Lupton Walkers From Mondaq The Grand Court of the Cayman Islands (the “Court”) has appointed ‘soft touch’ provisional liquidators (“PLs”) to the Hong Kong listed company CW Group Holdings Limited (the “Company”) in a contested matter involving two competing applications for the appointment of […]

Britain retains lead in currency trading despite Brexit vote

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From WN Britain has extended its lead in the global currency trading business in the two years since it voted to leave the European Union, in another sign London is likely to continue to be one of the world’s top two financial centers even after Brexit, Reuters reports. Leaving the European Union was supposed to […]

Governments around the world are using laws to silence LGBTIQ civil society

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Read online: https://www.outrightinternational.org/content/governments-around-world-are-using-laws-silence-lgbtiq-civil-society Download map: https://www.outrightinternational.org/righttoregister Today, OutRight Action International launches their latest report, The Global State of LGBTI Organizing: The Right to Register. The report highlights a phenomenon in which governments are trying to silence a growing movement for equality by preventing formation and registration of LGBTIQ civil society organizations. This has been happening […]

OPINION: The Art Of The Deal as taught in Havana, Cuba

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By Jolly Green The way to a man’s heart is through his stomach, so the saying goes. Picture taken July 13 2018 at the Saint Cristobel Palace Hotel, Havana, Cuba. [San Cristobel Palada, Havana] Two very fat doctorate owners Dr Ralph E Gonsalves and Dr Uday Narain Nayak, with their women, enjoying dinner, very-very expensive […]

FDI from Cayman Islands jumps 1,600%, tops inflows from Germany

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By Dipu Rai From DNA India The Cayman Islands, one of the most notorious tax havens in the world, has flooded 1,600% more money as Foreign Direct Investment (FDI) equity into Indian market during the financial year 2017-18. Cayman Island recorded as the biggest growth in FDI equity inflow among the top ten FDI source […]

UWI only Caribbean institution in 2018 Latin America University Ranking

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From Jamaica Gleaner Cementing its place as the Caribbean’s top University, The University of the West Indies (The UWI) made its debut in the Times Higher Education University Rankings as the only institution in the Caribbean region to be listed in the 2018 Latin America University Rankings. The list, which includes 129 of the best […]

Singapore’s new structure to rival Cayman Islands funds

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By Francis Nikolai Acosta From Funds Selector Asia Will Singapore’s new corporate structure for traditional and alternative managers grow at the expense of Cayman Island-domiciled funds? The regulations for the new structure, the Singapore Variable Capital Company (S-VACC), are expected to be in place at the beginning of next year. What the S-VACC offers is […]