Cayman Islands: US FATCA And Cayman Funds: Due Diligence
Article by Martin Livingston, Jon Fowler, Tim Frawley and Alasdair Robertson Maples and Calder Last Updated: 17 April 2014 On 29 November 2013, the Cayman Islands government signed a Model 1B (i.e. non- reciprocal) intergovernmental agreement with the United States…
Royal Caribbean Cruises Ltd. promotes Adam Goldstein to President and COO
From Travel and Tour World Veteran executive Adam Goldstein has been named president and chief operating officer of Royal Caribbean Cruises Ltd., the company announced. Goldstein, a 25-year company veteran, had spent the previous 12 years as president and CEO…
AHAB wins two rulings in Cayman against Maan Al Sanea’s companies; Case will proceed to trial
WASHINGTON, April 20, 2014 /PRNewswire/ — On Monday 14 April 2014, Ahmad Hamad Algosaibi & Brothers Company (“AHAB”) won two rulings in the Cayman Islands against ten companies created and controlled by Maan Al Sanea as the principal offshore component…
Cayman Islands is the new Switzerland, but not the way you think
By Robert W Wood From Forbes Are the Cayman Islands The Next Offshore Target? The U.S. has cast its tax net far and wide, more a shotgun than a rifle shot. Mixing fishing and shooting metaphors seems appropriate to show…
Kartel issues statement from prison following death threats against journalists
From Caribbean360 KINGSTON, Jamaica, Tuesday April 15, 2014, CMC – The Press Association of Jamaica (PAJ) has condemned death threats sent to journalists who covered the murder trial of popular dancehall entertainer, Vybz Kartel, urging the police to ensure the…
Journalist held for past ten days in Cuba, charged with ‘terrorism’
From Caribbean News Now PARIS, France — Press freedom organisation Reporters Without Borders has condemned the detention in Cuba of independent journalist Juliet Michelena Díaz since 7 April, three days after she wrote a by-lined report for the Miami-based independent…
The Editor Speaks: I went almost mad today
I know some people think I am already certifiable but I almost agreed with them today At 6AM – yes I do mean 6AM I was awakened by the dreadful, annoying, nerve wrenching [I am being polite] racket of a…
Cayman Islands: Beneficial Ownership Register
By Mark Chudleigh, Chen Foley, Nick Miles, Alex Potts | Sedgwick LLP The Cayman Islands government has recently concluded a consultation on a proposal to introduce a public register of the beneficial owners of Cayman-registered entities. The proposal has not…
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Reparations arguments too weak and one-sided
By Michael A. Dingwall I found myself at a reparations forum held at Kingston College, Jamaica, on the 15th of April. I must say that my hopes of hearing better arguments in support of reparations were not realized. However, I…
Pareto Securities downgrades Royal Caribbean Cruises to Hold (RCL)
By Masoud Bidgoli From Mideast Times Royal Caribbean Cruises (NYSE:RCL) was downgraded by equities research analysts at Pareto Securities to a “hold” rating in a research note issued to investors on Tuesday, StockRatingsNetwork reports. Several other analysts have also recently…
