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Consolidated Water Co. Ltd. to present at Sidoti’s eighth semi-annual Micro-Cap Conference on May 9, 2014

(Menafn – Marketwired via COMTEX) GEORGE TOWN, GRAND CAYMAN, CAYMAN ISLANDS, (Menafn – Marketwired via COMTEX) –Consolidated Water Co. Ltd. CWCO, which develops and operates seawater desalination plants and water distribution systems in areas of the world where naturally occurring…

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IMF Executive Board completes first post-program monitoring for Antigua and Barbuda

By S Coward On April 21, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the first Post Program Monitoring discussion for Antigua and Barbuda. On June 5, 2013, the Board concluded the tenth and final review of…

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ECLAC Predicts Latin America and the Caribbean will Grow by 2.7% in 2014

By S Coward Latin American and Caribbean countries will grow an average of 2.7% in 2014 due to limited dynamism of the region’s principal economies, according to new projections from ECLAC. The regional United Nations organization released today its Updated…

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Fitch affirms XL’s Ratings following announced life transaction; outlook remains positive

CHICAGO–(BUSINESS WIRE)–Fitch Ratings has affirmed the ratings of XLIT Ltd. (a Cayman Islands subsidiary of XL Group plc) and its property/casualty (re)insurance subsidiaries (collectively XL), including the Issuer Default Rating (IDR) at ‘BBB+’, and the Insurer Financial Strength (IFS) rating…

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Nicole Reyes’ conviction for Caribbean killing upheld

From BBC Nicole Reyes and Jorge Quintanilla Reyes Nicole Reyes was jailed for killing Jorge Quintanilla Reyes A Cardiff woman jailed for 12 years in the Dominican Republic for killing her husband has had her conviction upheld by the court…

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The Editor Speaks: Wed 7th May is deadline for you to submit your input on local television.

Do you want the government to be the only source of providing local news on your television? Do you really want your local news and programming to be exactly what the government of the day wants you to see and…

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Canadians’ offshore tax-haven holdings [including Cayman] rise 10 per cent, to $170-billion

By Janet Mcfarland From The Globe and Mail Canadians had $170-billion invested in the world’s top 10 tax-haven countries at the end of 2013, a 10-per-cent increase from a year earlier as growing sums flow into foreign investment accounts. A…

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The Insurance and Reinsurance Law Review, 2nd Ed.: Cayman Islands

By Tim Frawley and John Dykstra 1 This article first appeared in the second edition of The Insurance and Reinsurance Law Review, published by Law Business Research Ltd. Tim Frawley and John Dykstra provide an analysis of insurance and reinsurance…

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Private Funds, the Cayman Islands IGA and FACTA

By Simon Riveles and Simon M. Cooke. From Riveles Law Group On November 29, 2013, the Cayman Islands signed a FACTA Model 1 intergovernmental agreement (“IGA”) with the United States. The IGA ensures that financial institutions located in the Caymans,…

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Jamaica government withdraws proposed bank tax

From Caribbean360 KINGSTON, Jamaica, Friday May 2, 2014, CMC – Plans to impose a tax on bank withdrawals as part of revenue measures for the 2014/2015 financial year, have been scrapped. Faced with intense opposition to the proposed tax, the…