December 16, 2018

The Editor Speaks: Halloween

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My early life living in England, Halloween was hardly celebrated at all. It was too close to GuyFawkes/Bonfire night held on November 5th. Now that was some celebration. The only memory I have of Halloween as a child was Apple Bobbing or Bobbing for Apples. We would play the game by filling a tub or […]

Cayman Islands looks for a new way forward with UK relationship

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● Foreign Affairs Select Committee considers resilience of Overseas Territories ● Cayman Islands representative answers review questions in London ● Cayman’s constitutional relationship with UK discussed LONDON – Eric Bush today told members of the House of Commons Foreign Affairs Select Committee that the Cayman Islands has identified opportunities to work with the United Kingdom […]

The Editor Speaks: Grilled but not over cooked

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I was very thankful I wasn’t in Cayman Islands representative in London, Eric Bush’s shoes, yesterday (16). Bush faced a real grilling when he appeared before the House of Commons Foreign Affairs Select Committee that is reviewing Britain’s relationship with all its Overseas Territories (OT’s). The Cayman Islands is trying hard to protect itself from […]

Cayman Islands works to better UK, OTs’ relationships

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The House of Commons Foreign Affairs Select Committee in London is examining the role of the United Kingdom and British Overseas Territories and on Tuesday afternoon will hear first-hand from Mr. Eric Bush in his role as the United Kingdom representative for the Cayman Islands. The Committee is reviewing the relationship between the Foreign and […]

Boris Johnson demands UK PM Theresa May to scrap her Brexit proposals

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From DNA India Brexit campaigner Boris Johnson called on Prime Minister Theresa May to rip up her proposal for Britain’s exit from the European Union, ratcheting up the pressure on May as she prepares to face her divided party at its annual conference next week. Just six months before the United Kingdom is due to […]

The Editor Speaks: Government must act to stop a Port Berthing Referendum

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I can only say the government have themselves to blame for the referendum petition that is circulating by the ‘increasing’ number of opponents to the new cruise ship berthing facility. I say ‘increasing’ because this would seem to be the case as most of Cayman’s media has been saying. With the opposition, who had been […]

IRD says Eric Watson’s companies owe $112m

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By Matt Nippert, NZ Herald Inland Revenue have described a complex series of transactions Eric Watson undertook through the Cayman Islands as “circular”, and say the flamboyant expatriate’s holding company should pay $112m in back-taxes and interest. The High Court at Auckland today heard the opening exchanges of a long-brewing dispute between the Commissioner of […]

Other Voices: Changes in Cayman could impact hedge fund compliance

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by Hardin Compliance Consulting From Opalesque As of July 1, 2018, companies and limited liability companies incorporated or registered in the Cayman Islands are required to maintain a beneficial ownership register at their Cayman Islands-registered offices (or appointed service provider), unless an exemption applies. Hedge funds and private investment companies registered as companies or limited […]

“Stop passing the buck!” Simon says of Hill’s second about-face

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From Antigua Observer Justin Simon QC, a former attorney general, has declared that the Integrity Commission should stop “passing the buck” and investigate the corruption allegations against Member of Parliament (MP) Asot Michael. Simon said that the commission, despite its shifting stance on the matter, has the legal power to investigate alleged corruption without someone […]

Bermudians arrested in United Kingdom on Terror Charges

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From CARIBBEAN360 LONDON, United Kingdom, Tuesday June 19, 2018 – Two Bermudian men have been arrested in the United Kingdom on terrorism related charges. Bermuda police confirmed today that the men – Hisham Waheed Muhammad, 24, and Faisal Ibn al Hajj Muhammad Abu Ahmad, 23 –, who have been living in the UK for a […]