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Trump right to worry about AT&T, Time Warner merger
By Michael Reagan From Newsmax On Wednesday, the Senate Judiciary committee will hold a significant hearing on the proposed $84 billion merger between AT&T and Time Warner, which owns CNN. AT&T’s CEO Randall Stephenson will be testifying, as well as others,…
Cayman Islands: Union Asia announces capital reorganisation and the change in board lot size
REVISION TO EXPECTED TIMETABLE FOR PROPOSED CAPITAL REORGANISATION AND PROPOSED CHANGE IN BOARD LOT SIZE Reference is made to the announcement of Union Asia Enterprise Holdings Limited (the “Company”) dated 4 July 2016 and 14 July 2016 and the circular…
Royal Caribbean becomes the second cruise company to gain approval for U.S. to Cuba trips
BY CHABELI HERRERA From Miami Herald Royal Caribbean Cruises will set sail for Cuba, the company announced Wednesday. The Florida-to-Cuba cruises will launch aboard cruise lines Royal Caribbean International and Azamara Club Cruises for people-to-people trips, the Miami-based cruise company…
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Here’s why every couple should get a prenup
By Emmie Martin and Libby Kane From Business Insider The term “prenup” might conjure up images of celebrity marriages — or their subsequently messy divorces — but it’s smart for every couple to consider putting together a prenuptial agreement before walking…
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Mourant Ozannes named a Top Employer in the Cayman Islands
From Cayman Finance Mourant Ozannes has been named as a Top Employer within the ‘Large Employer Recipients’ category, at this year’s Cayman Islands Society of Human Resources Professionals awards. Now in its 7th year, the Top Employer Awards sets out…
Cayman Islands police officer assaulted by intoxicated man in Strand parking lot, 3 December
From RCIPS Around 1AM on Saturday, 3 December, armed officers on patrol near the Strand were informed by a member of the public about a vehicle illegally parked in a disabled parking spot outside Lillie’s Night Club. After unsuccessfully trying…
Jose Mourinho’s advisers ‘misled the tax man during inquiries into £10million earnings hidden in Caribbean haven’
By ALEXANDER ROBERTSON FROM MAILONLINE Evidence said to suggest tax officials in Britain and Spain had been misled The claims emerged in a huge data leak of more than 18 million documents Accusations that his advisers helped to hide…
Cayman Islands bank implements AMLtrac from iFinancial
By Tanya Andreasyan From banking Technology Global Fidelity Bank implements AMLtrac from iFinancial UK-based core banking and anti-money laundering (AML) software vendor International Financial Systems (iFinancial) is implementing its AMLtrac solution at Global Fidelity Bank. The bank, based in the…
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David Jessop: New uncertainties ahead for Cuba
By David Jessop From The Jamaica Gleaner On November 28, the United States’ President-elect Donald Trump said, “If Cuba is unwilling to make a better deal for the Cuban people, the Cuban-American people and the US as a whole, I…
Prestige Fund Management makes new hire for Cayman operation
From Hedgeweek Prestige Fund Management (PFM) has appointed Peter Anderson as a director. Anderson has a career spanning nearly 30 years, split between the UK and Cayman with international accounting groups Coopers & Lybrand (PWC), Benbow Anderson, Deloitte Touche and…
