Cayman Islands awarded top offshore domicile for captives
GEORGE TOWN, Grand Cayman–(BUSINESS WIRE) — The Cayman Islands has been recognised at the 2015 US Captive Services Awards, winning the top prize in the 2015 ‘Offshore Captive Domicile’ category. Cayman won the award by demonstrating its ongoing commitment to…
Further momentum in global expansion of Mourant Ozannes’ BVI practice
Leading offshore law firm, Mourant Ozannes, has announced a number of key changes to its global BVI law practice, which sees the firm strengthen its BVI team in all major time zones. The growth of the firm’s BVI practice in…
Cayman Islands Lions’ prostate and colon cancer event a big success
The Lions Club of Grand Cayman is pleased to announce the success of PACCE (Prostate and Colon Cancer Event) 4th Annual Delano Hislop Memorial 3-Day Journey for Life Walk/Run. The Lions Club of Grand Cayman annually hosts a robust campaign,…
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The View from Europe: New threats to Caribbean cyber security
By David Jessop From Caribbean News Now Cyber-security incidents continue to rise. According to PwC’s Global State of Information Security Survey 2015, attacks rose internationally by 48 percent in 2014 resulting in huge remedial and reputational costs to the companies…
Cayman Islands implementing OECD common reporting standard by October 2015
By Martin Livingston, Alasdair Robertson, Tahir Jawed, Andrew Quinn, Richard Grasby, Harjit Kaur and Michael Gagie From Maples and Calder On 16 June 2015 the Department of International Tax Cooperation (the “DITC”) of the Cayman Islands government announced that it…
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Cayman Islands fight hard but lose to Dominican Republic
Cayman Islands Under 15 Boys fall to the Dominican Republic in semi final at the CFU Under 15 Championships From CFU The Cayman Islands Under 15 Boys National Football Team tasted defeat for the first time at the CFU Under…
Cayman Islands Auditor General highly critical of NBF/ Premier and Dep. Governor’s response
The Auditor General, Alastair Swarbrick, made public on Friday (14) a report on the management of the Nation Building [Fund] (NBF) Programme that operated from 2009 through early 2013. The report describes a catalogue of issues with the management of…
Priest of Caribbean Santeria religion ‘used HEALING ritual as cover to sexually abuse 16-year-old girl’
By Kieran Corcoran For Dailymail.Com Pablo Pinto Mata, 46, is accused of sex attack against girl in 2013 Allegedly used three-part ritual to dupe her into undressing for attack Mata has business linked to Santeria in Montebello, California The faith…
Microsoft’s offshore profit pile surges past $100 billion mark
By Richard Rubin From Bloomberg Microsoft Corp.’s stockpile of offshore profits rose to $108 billion, with a 17 percent increase over the past year as the company continues reaping profits in low-tax foreign jurisdictions. The company crossed the $100 billion…
Visa and MasterCard must face ATM fees antitrust case, D.C. Circuit says
By Zoe Tillman, From Legal Times A federal appeals court in Washington on Tuesday revived an antitrust case that accuses Visa Inc. and MasterCard Inc. of conspiring to keep ATM access fees high. Independent ATM operators and ATM users sued…
