Caribbean Employers’ Confederation and Caribbean Congress of Labour sign MOU in Brussels
From Caribbean News Now PORT-OF-SPAIN, Trinidad (ILO) — On 26 May 2015, the Caribbean Employers’ Confederation (CEC) and the Caribbean Congress of Labour (CCL) signed a memorandum of understanding (MOU) to work together to identify areas where common legislative and…
Financial regulator: Vatican Bank needs more reform
From Newsmax The Vatican bank has made good progress in transparency but needs more changes to consolidate anti-money laundering reforms, the Holy See’s financial regulator said on Friday. The Financial Intelligence Authority’s (AIF) also said in its annual report for…
Individuals announce withdrawal of interest in West Face SPV (Cayman) I L.P. Published: June 2, 2015 11:37 p.m. ET
CALGARY, Jun 2, 2015 (Canada NewsWire via COMTEX) — Gary Guidry, Ryan Ellson, James Evans, Lawrence West and Dulat Zhurgenbay (the “Individuals”) announced today that they have each withdrawn their entire interest in West Face SPV (Cayman) I L.P. (“West…
Lawyers net $528 million in price-fixing settlements
By Marisa Kendall, From The Recorder SAN FRANCISCO — A handful of global electronics manufacturers have agreed to pay $528 million to settle claims that they fixed the prices of cathode ray tubes used in computer and TV monitors, bringing…
The Editor Speaks: Predictions aren’t facts
Cayman Islands’ Premier, Alden McLaughlin, is 100% correct when he said in his Hurricane Season message published today, “I don’t care for hurricane predictions, especially when they tell us we don’t have much to worry about”. He warns, “I fear…
FIFA arrests transform Blatter heir into face of football scandal
By Andrew Martin, Tariq Panja And Vernon Silver | Bloomberg From Tico Times A picture taken on March 24, 2015 in Vienna shows Jeffrey Webb, president of CONCACAF and the Cayman Islands Football Association giving a press conference. Webb was…
Mourant Ozannes responds to growth in Asia and Caribbean business with further investment
Leading offshore law firm, Mourant Ozannes, has announced that Eleanor Morgan and Nicholas Fox are set to become partners in its BVI office, while partner Shaun Folpp will head to the firm’s Hong Kong office to establish a BVI and…
TSA boss replaced after massive airport security failure
Homeland Security Secretary Jeh Johnson said on Monday he reassigned the acting administrator for the Transportation Security Administration after earlier ordering improved security at U.S. airports. The moves follow media reports that checkpoint screeners failed to detect mock explosives and…
Qunar Cayman Islands (QUNR) Posts Earnings Results
From ABMN Staff Qunar Cayman Islands logoQunar Cayman Islands (NASDAQ:QUNR) announced its earnings results on Monday. The company reported ($0.96) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.41) by $0.55, Analyst Ratings Network reports. The…
U.S. Department of Justice states its tax enforcement priorities
By Sanford Millar From JD Supra Business Advisor In her recent testimony before Congress Caroline Ciraolo Acting Assistant Attorney General stated the enforcement priorities for the Tax Division. Among the four areas of focus is Offshore Tax Evasion. “Combatting the…
