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Day: November 5, 2015

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Cayman Islands Acting Auditor General reports on audits of the Government entities’ financial statements

Acting Auditor General Garnet Harrison today made public two reports on his Office’s audits of the 2012-13 and 2013-14 financial statements for Government ministries, portfolios and offices, as well as statutory authorities and government companies. The reports provide a summary…

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Appleby snags funds partner from Harneys in Cayman Islands

By Michael Washbum From IFLR1000 Offshore law firm Appleby, which has suffered the defection of funds lawyers in the Cayman Islands recently, has taken a step toward restoring bench strength with the addition of a former Appleby attorney who spent…

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FBI joins Cayman Islands police in investigation of missing Weymouth man

By Nate Homan From Metro US The FBI is getting involved in the seven-month-old case of a missing Weymouth man in the Cayman Islands. Norman Lee, a 47-year-old comic book artist, was snorkeling with his wife about 250 feet from…

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Cayman Islands Represented at International Real Estate Symposium

Real estate professionals met in Berlin, Germany from October 11-13 for the 2015 International Symposium of Leading Real Estate Companies of the World® and Luxury Portfolio International®. A distinguished group of speakers spoke at the event, including International Realty Group…

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Third party costs orders: Service Out Judgment puts BVI back in business

Authors: Richard G. Evans, Partner Tameka Davis, Counsel From Conyers Dill & Pearman On the 12 October 2015 the Court of Appeal delivered a judgment which undoubtedly clarified the law in the BVI on the service out of the jurisdiction of a…

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Ravenscroft pre-tax profits more than double to £1.22m

From Guernsey Press Investment manager Ravenscroft has seen its interim pre-tax profits more than double on last year. The locally-owned business recorded profits up by 117% at £1.22m. at the end of June, compared with £560,000 at the same point in…

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RBC Wealth Management outlines four main pressure points currently faced by HNW investors

From Offshore Bankers After a summer marked by swirling volatility that buffeted markets, investors may be left unsure of their next moves. Presenting at a RBC Wealth Management media roundtable event in London this morning [Nov 5], Frédérique Carrier, Director,…

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Kuwait Projects Co. (Cayman) 3rd Quarter Results

By Bloomberg TIDM77ZB RNS Number : 1868E Kuwait Projects Co. (Cayman) 02 November 2015 Immediate Release KIPCO announces 17% increase in net profit for first nine months of 2015 ‘Results reflect strong performance of KIPCO’s core companies’ says company’s CEO Banking…

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Caribbean Internet TV platform launched

By Paula Lindo From T&T Guardian The Caribbean equivalent to Netflix is here! Newly launched Over-the-Top (OTT) Platform, MAS2TV, delivers unique Caribbean content to consumers on demand, with the tagline “Love Your Culture.” MAS2TV stands for Multiculturalism, Art, Society, and…