Money Laundering Central: The UK Property Market
The United Kingdom property market, particularly in London, has become a notorious money laundering tool for Russian oligarchs and other wealthy individuals in recent years. As a result, real estate prices have been surging and an increasing number of properties…
Is enterprise hyper growth the new normal?
By Jason Green From Techcrunch Jason Green is a founder and general partner of Emergence Capital. The enterprise cloud has entered a new era of hyper growth thanks to a combination of dramatically expanded global markets, access to unprecedented later-stage…
The Editor Speaks: Cayman Islands teachers get a very low grade. But is it all due to them?
It is staggering for me to read the reports on our education system that despite significant progress in schools over the last few years most Caymanian schools would be in ‘special measures’ if they were in the United Kingdom! So…
Cayman Islands cable TV provider reports earnings
KEYTECH REPORTS EARNINGS -COMPANY REPOSITIONS AS FULL-SERVICE TELECOMMUNICATIONS PROVIDER IN BERMUDA AND CAYMAN AND STRENGTHENS INFRASTRUCTURE-September 13, 2015 The KeyTech Group of Companies today announces a total comprehensive loss from continuing operations of $1.9 million for the year ending March…
China stocks take another steep dive
By Chris Sester From Wall Street Observer China stocks take another steep dive: YY Inc (ADR) (NASDAQ:YY), Qunar Cayman Islands Ltd (NASDAQ:QUNR), 58.com Inc (ADR) (NYSE:WUBA) Chinese equities were walloped on Monday as smaller stocks fell nearly 7 per cent…
Barbados: Not international business as usual
By Rene Butcher From Barbados Nation News Barbados’ offshore financial services sector is again under threat. The Organisation for Economic Cooperation and Development (OECD), G20 and the European Union (EU) are acting in concert, armed with the Foreign Account Tax…
Boot camps to kickstart public-private partnerships in the Caribbean
By David Bloomgarden and Dennis Blumenfeld From FOMIN The concept of public-private partnerships is in vogue in the Caribbean. Some governments mistakenly believe that PPPs allow the private sector to build and maintain infrastructure like roads, and provide public services…
Walkers represents beneficial interest holders in successful petition for winding up in the Cayman Islands Court
By Fraser Hern, Joanne Collett, Barnaby Gowrie and Peter Kendall From Walkers Last Updated: 14 September 2015 The frustration of funds and investment houses, holding beneficial interests in notes issued by defaulting Asian corporates, in not being able to cause…
Fiduciary duties of a general partner of a Cayman exempted limited partnership
From Loeb Smith10 September 2015 The Cayman Islands (Cayman) continue to be the leading offshore jurisdiction for the establishment of hedge funds, private equity funds, and investment funds focused on other asset classes. A large number of Cayman funds are…
The View from Europe: Investing in tourism
By David Jessop From Caribbean News Now A few days ago in London, the Bahamas prime minister, Perry Christie, told a meeting organised by Caribbean Export that the region needed a new formula to maximise investment. Caribbean Export’s message was…
