[Cayman] Caribbean-based advisers charged in money-laundering sting
By David Voreacos and Tom Schoenberg From Bloomberg Three Caribbean-based men who helped Americans hide assets from U.S. tax authorities were charged in a sting operation with laundering what they were told was dirty money. The U.S. indicted Eric St-Cyr,…
Copyright holders look for an antipiracy DMCA upgrade
By Andrew Ramonas, Corporate Counsel As policymakers in Washington, D.C., consider ways to better combat online piracy, NBCUniversal Inc. and other copyright holders gathered on Thursday to discuss the Digital Millennium Copyright Act and called for flexible solutions to protect…
Automatic texts from Yahoo don’t violate ‘Do-Not-Call’ protection
By Saranac Hale Spencer, The Legal Intelligencer Yahoo’s system for automatically texting its users when their email accounts have received a new message doesn’t violate the federal law that protects consumers from unsolicited calls, a federal judge has ruled. U.S….
FATCA Final Regulations – Update For Cayman And Irish CLO Issuers
By Alasdair Robertson, Mark Matthews, Scott Macdonald and Nicola Bashforth Maples and Calder On 20 February 2014 the US Treasury and the IRS released a set of revisions to the US Foreign Account Tax Compliance Act (“FATCA”) final regulations (the…
Secret Service: Hackers behind Target attack used specially designed, sophisticated malware
By Mary Beth Quirk From Consumerist A House subcommittee that’s looking into the massive theft of Target customers’ personal and financial information heard from a Secret Service official who says that the hackers responsible had been preparing long and hard…
Pirates of the Caribbean
Disney never wanted you to see the Pirates of the Caribbean this way From Disney Dose This post is the second in a series themed “Disney Never Wanted You to See Disneyland This Way.” So far we have just covered…
IMF reaches ‘staff-level’ agreement with Grenada
By Nelson A. King from Caribbean Life The International Monetary Fund (IMF) says its staff and Grenadian authorities have reached a “staff-level” agreement on a program that can be supported by a three-year Extended Credit Facility (ECF) arrangement in the…
Carey Olsen recognised by ‘Best Companies’ 2014
Offshore firm Carey Olsen, which has offices in the Cayman Islands, has achieved the Best Companies’ One Star Status in the 2014 annual engagement survey on their first application. Carey Olsen, with offices in the British Virgin Islands, Cape Town,…
iNews Briefs
SL Anti-Corruption Commissioner says prosecution powers needed Sierra Leone’s Anti-Corruption Commissioner, Joseph Kamara, said last Friday (24) at the University College of the Cayman Islands conference that his country has given its anti-corruption commission all the powers of an independent…
Jane Buchan to be honoured at New York Gala and Inaugural Cayman Gala
From heraldonline 100 Women in Hedge Funds to Honor Jane Buchan, Chief Executive Officer of Pacific Alternative Asset Management Company, with Its 2014 North American Industry Leadership Award NEW YORK — 100 Women in Hedge Funds (100WHF), a leading non-profit…
