March 28, 2020

Archives for February 28, 2020

Fort Edward man’s behavior on Caribbean cruise leads to child porn arrest

By Robert Gavin From Times Union ALBANY — A young girl’s complaint that she had been sexually abused during a Caribbean cruise led federal investigators to charge a 36-year-old Washington County man with sexual exploitation of a child and possession of child pornography. Brian Buschynski of Fort Edward was aboard Royal Caribbean’s Allure of the […]

Formula E: latest news and miscellaneous from Marrakesh

Lucas di Grassi visits the largest concentrated solar power plant in the world Audi driver founds Zero Summit in Brazil Daniel Abt fit again after practice accident in Mexico This weekend, Formula E is visiting North Africa for the fourth time. In the build-up to the race in Marrakesh (race start on Saturday at 3 […]

Cayman: Cabinet approves travel restrictions to manage the threat of the coronavirus disease (COVID-19)

The Ministry of Health and the Public Health Department work to protect Caymanians and residents from coronavirus (COVID-19) Residents with travel plans to any countries with significant transmission should avoid travel 25 February, 2020.  Cabinet today issued Regulations to control the entry of persons to the Cayman Islands who have a travel history to mainland […]

2020 Scotiabank Concacaf Champions League Quarterfinal matchups and schedule confirmed

The elite club competition that crowns the regional champion and qualifies the winner to the FIFA Club World Cup will resume play on March 10th  Miami (Friday, February 28, 2020) – The Confederation of North, Central America and Caribbean Association Football (Concacaf) today confirmed the matchups and schedule for the quarterfinals of the 2020 Scotiabank […]

Turned away by two nations [Jamaica & Grand Cayman] over virus fears, cruise ship allowed to dock at Mexico’s Cozumel

From Japan Times MEXICO CITY – The cruise ship MSC Meraviglia, turned away by two nations due to fears of a virus outbreak, docked at Mexico’s Caribbean island of Cozumel on Thursday and President Andres Manuel Lopez Obrador said passengers will be allowed to disembark, Lopez Obrador said Mexico had to act with “humanity”after the ship […]

The UWI establishes COVID-19 Task Force

The UWI Regional Headquarters Jamaica. Friday, February 28, 2020. Once again, The University of the West Indies (The UWI) is launching a Task Force to assist with the mobilisation of the region’s public health providers to deal with an incoming virus. Four years ago, the Zika virus triggered the response; today it is COVID-19. Again, […]

US – Kudlow: FDA, CDC speeding up approvals for coronavirus treatment

By jeffrey Rodack From Newsmax The Food and Drug Administration and Centers for Disease Control and Prevention are accelerating the approval process for experimental drugs to fight the coronavirus outbreak, White House economic adviser Larry Kudlow said Friday. Kudlow made his remarks during an interview with Fox Business Network host Stuart Varney. “Both the CDC and the FDA have […]

The Editor speaks: MLA wants more details re-Speaker’s “leave of absence”

It would appear “The Cayman Compass” has become the media house of choice for our government as most of us also in the media have had to go to “The Islands favorite newspaper” for information regarding Speaker McKeeva Bush’s statement that he is taking a “leave of absence”. North Side MLA, Ezzard Miller, has been […]

Cayman Islands added to the EU Blacklist — Private Fund Sponsor Update

By Robert Frastai, Aron Joy – Weil, Gotshal & Manges LLP From JD SUPRA On February 18, 2020, the EU updated its list of non-cooperative and semi-cooperative jurisdictions, in terms of tax reporting transparency and economic substance standards. Cayman Islands slipped from its prior designation as a semi-cooperative jurisdiction onto the non-cooperative list (the “EU Blacklist”). […]

Nordic investors steer clear of Cayman Islands after tax blacklisting

By Rachel Fixsen From IPE The decision last week by European Union finance ministers to add the Cayman Islands along with three other countries or territories to the EU list of non-cooperative tax jurisdictions has prompted some Nordic asset owners to halt new investments made via the Caribbean tax haven. Others say they are considering […]