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Deadly Caribbean tsunami risk

From Caribbean360 Over 3,500 people died in tsunamis in the region between 1842 and 2010, compared with 579 in the eastern Pacific over the same period. CALIFORNIA, United States, Thursday January 30, 2014 – Potentially deadly tsunamis threaten Puerto Rico,…

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ESSO sold and 3rd gas supplier would be welcome It was revealed in the Legislative Assembly on Wed (29) that Exxon Mobil –ESSO has been sold to Simpson Oil Ltd (SOL). No notification had been given to government prior to…

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Judgment re Judicial Review against ICO decision of disclosing Tempura

The following is a condensed version of the Judgment handed down by Sir Alan Moses in the “Matter of an Appeal Against the Decision to Disclose Records Held by a Public Authority and in the Matter of an Application for…

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Cayman is #1

Cayman Islands rated # 1 overall Caribbean/Atlantic destination by Scuba Diving readers Islands enjoy strong showing in 2014 Top 100 Gold List of the Reader’s Choice Awards; Cayman’s history of conservation and its dive industry play major role in diversity…

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OECD initiative on Base Erosion and Profit Shifting (BEPS)

At Cayman Finance’s International Tax Initiatives seminar Jan. 23rd 2014 the Organisation for Economic Cooperation and Development (OECD) 15-point action plan is based on the assumption that corporate tax bases of governments are at risk. The risk is real because…

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Cayman insolvency petitions on the rise

From hedgeweek Insolvency petition filings in the Cayman Islands spiked more than 30 per cent in 2013 when compared with 2012, resulting in the highest number of filings in the past three years, according to Appleby. The increase reversed a…

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Reporting app revealed The Department of Environment (DoE) has announced it is launching an app that will enable people to make reports to staff in real time on their iPads and smart phones whenever they see someone executing infractions in…

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Describing the Framework in Governance

From the Office of the Auditor General Governance in the Cayman Islands Government – Describing the Framework EXECUTIVE SUMMARY Governance of a public sector entity is critical to its ability to operate effectively and to achieve results. As part of…

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Governance in the Cayman Islands Government

KEY MESSAGES “Good Governance is perhaps the single most important factor in eradicating poverty and promoting development” – Former Un Secretary General – Kofi Annan WHAT IS GOVERNANCE? 1.         Governance is a broad concept covering all aspects of the…

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iNews Briefs

Father and son sentenced on bank fraud, money laundering [Cayman] charges By Tom McLaughlin, Northwest Florida Daily News, Fort Walton Beach Jan. 24 –Former Destin residents Gary Wayne Thomas and his son Brian Keith Thomas will serve federal prison sentences…