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…
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…
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…
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…
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…
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…
Obama cracking down on tax cheats
By Jonah Bennett From Daily Caller Arriving 18 months late on the scene, the Foreign Account Tax Compliance Act (FATCA) came into effect this week in an effort to crack down on tax dodgers funneling money outside the country, the…
US jury finds Jamaican national guilty of sex trafficking
From Caribbean360 MIAMI, United States, Thursday, July 3, 2014, CMC – A Jamaican national has been found guilty for his role in an international sex trafficking operation. Damion St. Patrick Baston, 37, was convicted on three counts of sex trafficking…
Ramotar slams US diplomat over Guyana government poll remarks
By Peter Richards From Caribbean360 ST. JOHN’S, Antigua, Thursday July 3, 2014, CMC –Guyana’s President Donald Ramotar Wednesday forthrightly dismissed a statement by the outgoing United States Ambassador, Brent Hardt, who accused the head of state of selectively abiding by…
Two found guilty in ‘mistaken identity’ murder of Jamaican national
From Caribbean360 HAMILTON, Bermuda, Thursday July 3, 2014, CMC – Two men have been convicted of the premeditated murder of Jamaica-born George Lynch, who was killed 18 months after he moved to the island from Canada. Lynch, 40, a father…
