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Trust litigation/Immigration aid

Beware of the ‘Blue Vase’ syndrome: Trends in trust litigation By Shân Warnock-Smith QC, ICT Chambers, Cayman Islands, and 5 Stone Buildings, London From IFC Review Rows about family trusts and estates have always been with us and always will…

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Cayman PS rationalisation/Grenada’s $12.7M credit facility

EY continues stakeholder consultations GRAND CAYMAN, Cayman Islands – Ernst & Young (EY) resumed stakeholder consultations on Monday, 23 June 2014 as the second phase of their engagement process with the Public Services Rationalisation Project (PSRP). The latest round of…

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Bahamas PM meets US Charge d’Affaires/Caribbean culture impacts USA

Deputy Prime Minister meets with US Charge d’Affaires From Bahama lsands Info BAHAMAS, Nassau – Acting Prime Minister the Hon. Philip Brave Davis, met with US Charge d’Affaires John Dinkelman to discuss public concerns expressed by the Prime Minister about…

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UK phone hacking scandal will haunt Met/Unfair taxes

Phone hacking: Met had the evidence. How will it explain five years of failure? By Nick Davies, from The Guardian Claims by senior officers that Operation Caryatid left ‘no stone unturned’ look set to haunt police force in light of…

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Freedom of Information needed/IMF warns tax avoiders

Scathing US critique highlights the need for Freedom of Information By Branville McCartney, DNA Leader The recently released US State Department Report on the Investment Climate in the Bahamas is yet another scathing indictment of this PLP administration’s failure to…

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Bank honours humanitarians/Trinidad creates 30,000 new jobs

RBC honours nominees in the Humanitarian category From Bahama Islands Info RBC Royal Bank, sponsor of the second annual 2014 Bahamian Icon Awards NASSAU, Bahamas – RBC Royal Bank, sponsor of the Second Annual Bahamian Icon Awards, will be presenting…

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The Editor Speaks: The lady doth protest too much, methinks?

Maybe, or it might be putting the record straight. There was a swift response to an editorial and a related article that appeared in the Cayman Compass on Wednesday (2) from Cayman Islands Director of Public Prosecutions, Cheryl Richards. She…

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Rectification and trusts: a Cayman Islands perspective

From Mourant Ozannes Rectification is about “putting the record straight”. It is an equitable remedy by which the court can order that the wording of a document is rectified so that it reflects the true intentions of the parties. That…

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Turnbull investment in tax haven criticised

By Heath Aston, Political reporter From The Sydney Morning Herald Malcolm Turnbull, Australia’s second-richest parliamentarian, has invested in a ”vulture fund” based in the tax haven Cayman Islands. Disclosure of what appears to be a $1 million stake in a…

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World Bank Group backs Latin America and the Caribbean’s efforts to boost growth and preserve social gains

Infrastructure, transportation, education and fiscal management were among top priorities supported by more than $10 billion last fiscal year WASHINGTON, July 2, 2014 – The World Bank Group (WBG) committed $10.2 billion in fiscal year 2014 (July 2013 to June…