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Day: May 22, 2016

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Regulatory update: amendments to the Financial Services Commission Act, 2001

By Mirza Manraj From Harneys Various sections of the Financial Services Commission Act, 2001 (the FSC Act) by the Financial Services Commission (Amendment) Act, 2015 (the Amendments) have been amended and enacted. The background to the Amendments stem from the…

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Cayman Islands police appeal to the public to assist with recovery of stolen jewelry from Mitzi’s Fine Jewelry

By Jacqueline.Carpenter From RCIPS On 18 November 2015 Mitzi’s Fine Jewelry on West Bay Road was robbed by an armed man, and the store lost a significant amount of merchandise. In the six months since the robbery occurred no pieces have…

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HRC on World Day for Cultural Diversity for Dialogue and Development

World Day for Cultural Diversity for Dialogue and Development, a joint initiative by the United Nations Educational, Scientific and Cultural Organisation (UNESCO) and the United Nations Alliance of Civilizations (UNAOC), is celebrated annually on 21 May around the world.  This…

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Bahamas designates list of relevant foreign countries [Cayman Islands included]

By Sophia Rolle-Kapousouzoglo Contributed by Lennox Paton From International Law Office The Liquidation Rules Committee has published the Foreign Proceedings (International Cooperation) (Relevant Foreign Countries) Liquidation Rules 2016. The most recent statutory enactment in relation to corporate insolvency in the Bahamas is…

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Venezuela’s collapse prods region toward kicking its oil habit

By Cristina Maza From The Christian Science Monitor American nations, the focus instead has long been on oil and cheap credit from Venezuela. That’s changing as they see the risks of oil-dependence. WASHINGTON — Venezuela is in a state of…

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HR meets the Caribbean: DisruptHR Cayman

By Chris Bailey From HR Gazette Human Resources (HR), Human Capital Consulting (HCC) Personnel and the host of other names this department is called has gone through a massive overhaul in the last decade. People want to work for cool…

Four French police killed in Pyrenees helicopter crash [RCIPS operate sim ‘copter]

Agence France-Presse in Tarbes From The Guardian UK The dead, who were all in their 40s, included the pilot, co-pilot and two mountain rescue specialists involved in training exercise Four French police have been killed in a helicopter crash in…

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Jamaica named top island in the Caribbean by Tripadvisor (Cayman #7)

From Jamaicans.com Jamaica is celebrating its #1 ranking on the TripAdvisor® 2016 Travelers’ Choice™ awards  “Best Islands in the Caribbean” list. TripAdvisor, the travel planning and booking website, highlighted the top Caribbean islands based on the quantity and quality of…

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Horseradish may be potent cancer fighter

From newsmax The common root vegetable horseradish contains enzymes that may help fight cancer, a new study shows. Horseradish, used most often a condiment, has been known to contain healthful properties, but this is the first time that researchers have…

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More investment, fast-track modernization of regional ports needed, says CDB

From CARIBBEAN360MAY 21, 2016 BRIDGETOWN, Barbados, Saturday May 21, 2016 – A Caribbean Development Bank (CDB) sponsored study on maritime ports in the region is recommending a major overhaul in policies; significant increase in investments to fast-track modernization; more private…