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Impact of sanctions in Ukraine and Russia under the Laws of Cyprus, the BVI and the Cayman Islands

From Harneys This guide contains a summary of the current sanctions regime imposed on Ukraine by the European Union in March 2014. No sanctions on the Russian Federation, as relevant to Cyprus, the British Virgin Islands (BVI) or the Cayman…

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Parliament gives nod to guarantee UWI St Lucia loan

From Caribbean360 CASTRIES, St. Lucia, Thursday August 14, 2014, CMC – The St. Lucia parliament has given the government the green light in guaranteeing an EC$18.2 million (One EC dollar = US$0.37 cents) loan from the Barbados-based Caribbean Development Bank…

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Oxbridge Re Holdings Limited Reports Second Quarter and Six-Month 2014 Results

GRAND CAYMAN, CAYMAN ISLANDS — Oxbridge Re Holdings Limited (NASDAQ:OXBR), a provider of reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States, reported financial results for the second quarter and six-month period ended…

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After 10 Years, a jury gets Arab bank case

By Tania Karas, New York Law Journal Lawyers for a group of terrorist attack victims tried to convince a Brooklyn jury Thursday that a Jordan-based bank knowingly facilitated transactions used to finance 24 attacks carried out by Hamas, the Palestinian…

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The Editor Speaks: Quick response to dialysis problem

I must applaud the quick response to the public’s concerns regarding the Cayman Islands George Town Hospital Dialysis unit by Health Minister Osbourne Bodden. Following the death of one patient and medical complications in three others who had all received…

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Make Deadbeat Corporations Pay!

By Stewart Acuff From Daily Kos Nobel Prize winning economist Paul Krugman and other economists have been looking at a particularly ugly and cynical and UNPATRIOTIC corporate practice to avoid paying any American taxes. These are American corporations which make…

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Cayman Islands to Power its International Banking, Insurance and Securities Regulation with SQL Power’s XBRL Power Suite

TORONTO, Canada and GRAND CAYMAN, Cayman Islands (PRWEB) August 14, 2014 SQL Power will integrate its pre-engineered, eSignature ready regulatory platform at the Cayman Islands Monetary Authority (CIMA) to handle collection, analysis, and reporting of prudential returns and entitlements data…

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Citigroup Endorses Revamp of U.S. Stock Exchange Trading Fees

By Doni Bloomfield From Bloomberg Citigroup Inc. (C), the third-biggest U.S. bank, told regulators they could steer more stock trading to public exchanges by making it more affordable. The bank suggested the U.S. Securities and Exchange Commission cut the highest…

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North Vancouver couple’s disappearance remains a mystery

By Lori Culbert, From Vancouver Sun North Vancouver banker and his wife have been missing for 20 years NORTH VANCOUVER — The disappearance of the wealthy banker and his beautiful wife has all the hallmarks of a classic whodunit: the…

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Scotland’s Independence: Should the Commonwealth Caribbean care?

By Sir Ronald Sanders from Caribbean360 BRIDGETOWN, Barbados, Thursday August 14, 2014 – On September 18, the electorate in Scotland will vote in a referendum to decide if Scotland should be independent of the United Kingdom (UK). A vote for…