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Cayman Brac Agriculture Show a success

Cayman Brac produced another well organised and enjoyable Agriculture Show on Saturday, 29 March, 2014, on the Agriculture Grounds. Members of Government along with individuals from Grand Cayman travelled to support the annual event. Also attending were dignitaries visiting from…

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Cayman keeps one-year budget, for now

From IFC Review The government will not move to multi-year budgeting within the next year, Finance Minister Marco Archer confirmed Friday reports “Caymanian Compass”. The presentation of the upcoming 2014/15 spending plan will adhere to the terms of the Public…

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JP Fund Administration – Best Asian Hedge Fund Administrator

By James Williams From Hedgeweek JP Fund Administration is part of the JP Funds Group with offices located in the Cayman Islands, Switzerland, the United Kingdom and Singapore and representation in Australia. The Group describes itself as a boutique service…

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Carrier aims to cut costs with airport investment

By John Mulligan From The Independent.ie Aer Lingus is examining ways of participating in infrastructural investment and development at Dublin Airport, according to the airline. A spokesman for the carrier declined to say what projects are being looked at or…

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Copper price falls on Chinese concerns

By Jamie Robertson Presenter, BBC World News It’s called Doctor Copper because you are meant to be able to tell the health of the global economy from the way it behaves. And at the moment copper is looking pretty sick….

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UK on-shore shale gas and land rights: Can a so called “legal block” stop the UK shale play in its tracks?

From Eversheds 2013 was a year in which the UK environmental lobby began to mobilise against the UK unconventional gas industry. The autumn saw the establishment of a protest camp at Barton Moss in Greater Manchester in response to exploratory…

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iNews Briefs

Ex Cayman police commissioner settles suit for undisclosed sum Joint statement issued by the Campbells law firm representing Mr. Stuart Kernohan and Attorney General Samuel Bulgin’s office, represented in the matter by the HSM Chambers law firm: “The Cayman Islands…

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Islamic Finance: From the Cayman Islands to the Middle East and beyond

By Louise Groom and Joanna Hossack From Harneys The use of off shore companies in Islamic finance is driven by many of the same factors as in conventional banking, as tax efficiency, bankruptcy-remoteness and privacy are considerations common to most…

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Why Russia won’t tank the U.S. Treasury Market

By Catherine L. Mann from Bloomberg The standoff between the U.S. and Russia over Ukraine has sparked renewed interest in a troubling question: Do the U.S. government’s vast debts to foreign nations present a threat to its national security? The…

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UK Enters into tax agreements with the Cayman Islands and other offshore jurisdictions

From JDSupra The UK and the Cayman Islands recently entered into an agreement to improve international tax compliance (ITC). Similar to the US Foreign Account Tax Compliance Act (FATCA), the ITC imposes wide-ranging UK financial reporting obligations on financial institutions…