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Month: May 2015

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Cayman Islands Governor delivers 2015 Throne Speech

Cayman Islands 2015 Throne Speech– In Full Delivered by Her Excellency the Governor, Mrs Helen Kilpatrick, CB Friday, 15 May 2015 / Cayman Islands Legislative Assembly Building Good morning, Honourable Speaker, Honourable Ministers, Members of the Legislative Assembly, ladies and…

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The Editor Speaks: There is more good than bad

In Her Excellency the Governor Mrs Helen Kilpatrick’s Throne Speech delivered last Friday (15) to the Legislative Assembly she has commended Premier Alden McLaughlin and his government for the “excellent work” they have done “In keeping public finances on course…

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Cayman Islands Passport2Success celebrates many more successes!

The Passport2Success programme is an initiative of the Ministry of Education, Employment & Gender Affairs. This programme falls under the remit of the National Workforce Development Agency’s (NWDA) Training and Development Unit and is managed and delivered by The Wellness…

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[Bahamas] Commissioner concerned over clash between Data Protection and Freedom Of Information [Cayman Islands Commish agrees]

By Ava Turnquest Tribune Chief Reporter From Tribune 242 BALANCING the competing rights to privacy under the Data Protection Act presents a considerable challenge to Freedom of Information legislation, according to Data Protection Commissioner Sharmie Farrington-Austin. Mrs Farrington-Austin outlined major…

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Canadian Corporations had nearly $200 billion in world’s top tax havens last year: CTF ($36B in Cayman Islands)

By Daniel Tencer From The Huffington Post Canada Last year, Canadian corporations held $71 billion in assets in Barbados. They had another $36 billion in the Cayman Islands. Is Canada’s business elite anticipating a massive boom in beachfront hotels and…

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CFA Society Cayman Islands to recognize Putting Investors First Month with an event on May 20, 2015

CFA Society Cayman Islands joins global movement of trusted professionals that put investor interests first. Cayman Islands – May 20, 2015 –CFA Society Cayman Islands announces that it   will join with many other CFA Societies from around the world to…

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FATCA, tax havens, American competitiveness and hypocritical politicians

By Daniel J. Mitchell From Forbes While the Bureaucrat Hall of Fame and Moocher Hall of Fame already exist, the Hypocrite Hall of Fame is just a concept. But once it gets set up, Congressman Alan Grayson of Florida will…

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Resort hotel and condominium developments in the Cayman Islands – a recent judgment undermines the ability to control rentals

By Christopher Young From Forbes Hare 1. It is common for the developers of resort hotel and condominium developments to seek to control future rentals of condominium apartments within the resort that are to be sold to third party owners….

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Tethys Petroleum Limited Press Release: 2015 Q1 Results

GRAND CAYMAN, CAYMAN ISLANDS–(Marketwired – May 15, 2015) – Tethys Petroleum Limited (TSX:TPL)(LSE:TPL) today announced its Results for the quarter ended March 31, 2015. Q1 Financial Highlights (all figures reported in USD millions) Oil and gas revenue of USD5.95m (2014:…

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Safety training for Cayman Islands fire recruits

Twelve Cayman Islands Fire Services recruits learned how occupational safety and health (OSH) apply to their new jobs at a two day workshop (Wednesday and Thursday, 6-7 May 2015). Organised by the Department of Labour and Pensions, the training was…