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Month: May 2013

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Children Law – New Court Rules and Forms /Reform Family Services offered by courts

Comprehensive rules and forms for the protection of children come into effect today (Monday 29 April). This follows the coming into force in July 2012 of the Children Law, which, along with the newly issued Children Law Rules and Allocation…

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Videotel launches Flag State Admin system

From Marine Link Flag State Administration Training and Record Management developed in conjunction with the Cayman Islands Shipping Registry Videotel launched a new training software program, Videotel webFSA, at IMO STW 44. A sophisticated Flag State Administration Training and Record…

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Butterfield Reports First Quarter Profit

Butterfield Reports First Quarter Profit First quarter core earnings of $15.3 million, up $0.7 million Net income of $13.3 million after non-core items totalling $2.0 million Board declares first interim dividend of $0.01 per Common Share Strong capital position with…

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Bolivian President Evo Morales expels USAID

BBC Bolivian President Evo Morales has said he will expel the US Agency for International Development (USAID). Mr Morales accused the agency of seeking to “conspire against” the Bolivian people and his government. US state department spokesman Patrick Ventrell rejected…

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Dart offers hurricane parking to Grand Cayman residents

With hurricane season around the corner, it’s time to complete all of the necessary preparations to ensure that your assets are protected in the event of a storm. Having a plan for your vehicle is essential and you can check…

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Genesis Trust Cayman Islands Duathlon

The Genesis Trust 2013 Cayman Islands Duathlon took place on Sunday April 21st, 7am at Grand Harbour. Marius Acker and Pam Abbott both successfully defended their 2012 titles being first male and female to finish with times of 57 minutes…

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Cayman corporate governance reforms face legal challenge

Kris Devasabai, from Risk.net Efforts to enhance the corporate governance framework for hedge funds in the Cayman Islands have run into opposition from local fund directors, who take issue with the regulator’s plans to create a public directors’ database Fund…

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Cayman squad selected for USA rugby tour

(CRFU): The Cayman Islands international Rugby season kicks off on May 4 when the Cayman National Men’s team travels to Atlanta, Georgia USA to take on USA Rugby South in the North America Caribbean Rugby Association (NACRA) Championships. USA Rugby…

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CITA announces new Board of Directors

Approximately 70 CITA members attended the AGM, as Harry Lalli, CITA president,  welcomed attendees and talked about tourism in the past year and top tourism issues. Harry Lalli stated, “I have enjoyed my time as CITA president for the past…

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Through The Eye of the Storm – BVI Exec Director speaks out following data leak

Elise Donovan, Executive Director – BVI International Financial Centre From WealthBriefing A recent data leak has thrust the British Virgin Islands under the scrutiny of those out to harm so-called tax havens. Here, Elise Donovan, the executive director of the…