This is the location of tens of billions of dollars that won’t be declared to the IRS today
By Tim Fernholz From Quartz Today (Tue 15) is tax day in the United Sates, and most Americans pay their fair share without a peep. Some of the folks that aren’t playing ball keep their money in offshore accounts to…
Cayman Islands and Luxembourg funds: Options and considerations for managers
From Opalesque Opalesque Industry Update – The structure and domiciliation of a fund vehicle are integral to the set up of a fund from multiple perspectives. Tax, investment strategy, investor base, cost and speed of set up, regulatory environment, and…
$5.3M ‘Social Impact Bond’ Fund for Latin America launches
From Forbes Social Impact Bonds are coming to Latin America and the Caribbean Following the lead of the U.K. , the U.S., and other places, the Inter-American Development Bank (IADB), which provides development financing for Latin America and the Caribbean,…
Investors Trust introduces Portfolio Bond to its platform
GRAND CAYMAN, Cayman Islands–(BUSINESS WIRE)–Investors Trust Assurance SPC (“ITA”) is proud to announce the addition of a portfolio bond product to its platform. The product, Access Portfolio, is available in US Dollar, Euros and Pound Sterling. With three different charge-structures…
LA teacher suspended after district says science projects ‘mimicked weapons’
By Pamela Engel From Business Insider Students at a Los Angeles high school are fighting to get their science teacher back after he was suspended in February for “supervising the building, research and development of imitation weapons,” the Los Angeles…
Why Cayman is here to stay
From Cayman Funds Magazine There are many reasons why the Cayman Islands remains one of the world’s most vibrant offshore financial centres. CEO of Cayman Finance Gonzalo Jalles lists 10 reasons he believes it has retained this position against intense…
Op-Ed: Green energy solutions could save the Caribbean $200M
By Jun Zhang Op-Ed Contributor From Caribbean Journal High energy costs are the Achilles heel of the Caribbean. More than 97 percent of this region’s electricity is generated from fossil fuels and many islands devote a hefty portion of their…
The Editor Speaks: Jobs for Caymanians first and foremost
Cayman’s Minister of Education, Hon. Tara Rivers, said in the Legislative Assembly in Cayman Brac last Thursday (10), the “Government is working to prepare and protect Caymanians so they can partake in the economic opportunities that exist today” in the…
Cayman Islands private equity funds
Nicholas Butcher and Iain McMurdo From Maples and Calder The Cayman Islands (Cayman) are home to a well-established and ever-growing domicile for private equity funds. This can be seen in the statistics issued by the Cayman Islands Registrar of Partnerships….
Company tied to Reid’s son wants land in Bundy standoff
By Greg Richter From Newsmax The Nevada rancher who forced the federal Bureau of Land Management to back down last week may have been targeted because a Chinese solar company with ties to Sen. Harry Reid’s son wants the land…
