World Diabetes Day is 14 November 2013
Message from Minister of Health, Sports, Youth, and Culture The Hon. Osbourne Bodden World Diabetes Day 14 November 2013 Diabetes is one of the world’s most preventable epidemics. This year as we observe World Diabetes Day, around the globe 371…
Governor meets with Chief Officers
Minutes of Deputy Governor and Chief Officer’s Meeting 28th October 2013 Attendees: HE the Governor; Deputy Governor; Ms. Jennifer Ahearn; Mr. Ian Fenton; Mr. Stran Bodden; Mr. Samuel Rose; Ms. Dorine Whittaker; Mr. Alan Jones; Ms. Jacqueline Wilson; Mr. Eric…
UK FATCA: Cayman Islands Automatic Exchange of Information Agreement signed
Article by Chris Tragheim Deloitte On 5 November 2013 the Cayman Islands Government became the first Overseas Territory (OT) to sign an agreement on automatic information exchange with the UK. The Agreement is similar to the recently announced UK-Crown Dependency…
Dynamic Systems Allocation Fund terminated by CIMA
On 30th October 2013 the Cayman Islands Monetary Authority terminated the registration of Dynamic Systems Allocation Fund Limited (Reg. # 4566). A letter sent to Flavio Cirio Director of the Fund in Switzerland gave the following reasons for the termination:…
WuXi PharmaTech Announces Third-Quarter 2013 Results
SHANGHAI, Nov. 12, 2013 /PRNewswire/ — WuXi PharmaTech (Cayman) Inc. (NYSE: WX), a leading research and development outsourcing company serving the pharmaceutical, biotechnology, and medical device industries, with operations in China and the United States, today announced its unaudited financial…
Trinidad Muslim group warns political parties
PORT-OF-SPAIN, Trinidad, CMC – A Muslim group has warned political parties in Trinidad and Tobago that they should desist from using Islam and Muslims as pawns in the fight to gain political dominance here. “If these parties continue along this…
Cayman Islands Hedge Fund Corporate Governance Survey
From jpfunds group Excerpt from Executive Summary “CIMA commissioned Ernst & Young Ltd. to conduct this survey as part of a wider effort to consult with local industry associations and other interested stakeholders on corporate governance proposals that aim to…
The Editor Speaks: Why civil servants should be politically neutral
In the latest minutes from the Deputy Governor and Chief Officer’s Meeting on the 28th October it revealed HE Governor Helen Kilpatrick had met with COs present there. She emphasised the importance of being politically neutral and that she expected…
Switzerland retains top spot in financial secrecy index [Cayman is 4th]
From The Times of India Switzerland, retained its top spot in the financial secrecy index (FSI), unveiled by the Tax Justice Network on November 7. It was followed by Luxembourg, Hong Kong, Cayman Islands and Singapore. This ranking is based…
Establishing a Cayman Islands Open-Ended Investment Fund
By Janet Francis From Smeets Law (Cayman) Over eighty percent (80%) of the world’s investment funds are believed to be registered in the Cayman Islands. As at December 2010, there were 9,438 investment funds registered with the Cayman Islands Monetary…
