Cayman Islands to have Education review and inspections
From the Cayman Islands Ministry of Education, Employment and Gender Affairs A Review of Education The Ministry of Education is constantly evaluating ways to improve the Cayman Islands’ Education system, and the experiences of the students within it. The overarching…
FATCA: Cost overruns come with the territory
By Peter Stafford DMS Offshore Investment Services Red might be a festive color for the approaching holiday season, except for the red ink many fund management shops are facing in cost overruns complying with the Foreign Account Tax Compliance Act…
Cayman Islands Alternative Investment Summit to take place February 2015
Cayman Alternative Investment Summit provides global leaders with forum to shape, guide and sustain vibrant alternatives industry Event to Explore the Rising Importance of Alternatives, Asset Allocation Trends and Models, Latest Innovations, and the Dynamics of Alpha Generation GRAND CAYMAN,…
Chinese hacker group Deep Panda allegedly attacked Australian sites
By Jenni Ryall From Mashable A group of hackers with connections to the Chinese government have targeted Australian media organisations in the lead-up to the G20, a security company claims. Dmitri Alperovitch, co-founder of U.S. computer security firm CrowdStrike, told…
Japan’s economy makes surprise fall into recession
From BBC Japan’s economy unexpectedly shrank for the second consecutive quarter, leaving the world’s third largest economy in technical recession. Gross domestic product (GDP) fell at an annualised 1.6% from July to September, compared with forecasts of a 2.1% rise….
Be warned: That Facebook ad you clicked on may be for counterfeit goods
By Lorenzo Franceschi-Bicchierai From Mashable Think twice before buying those shiny — yet extremely cheap — Ray Ban glasses advertised on Facebook. There’s a chance they’re fake. At least, that’s the conclusion of a new study by two cybersecurity researchers…
Spectacular glass sculptures inspired by Shayna Leib
From Daily Designer Glass-Sculptures-Inspired-by-Wind-and-Water-5 Shayna Leib‘s sculptures are inspired by wind and water, two elements that the artist confronted during her trips around the globe. Her sculptures do a great job at rendering movement and recreating some things you can…
Madoff feeder funds [Cayman Islands] agree to $497M settlement
By Kevin McCoy, From USA TODAY Two Cayman Island financial funds that invested heavily with Ponzi scheme architect Bernard Madoff’s business have agreed to a nearly $497 million settlement with the court trustee seeking the disgraced financier’s assets on behalf…
Finance Ministers in 51 Countries declare Bank Secrecy Act ‘Obsolete’ [Cayman Islands follows Germany’s lead]
By Carlo Caraluzzo Finance ministers from more than 50 countries recently signed the Multilateral Competent Authority Agreement, with another 30 countries pledging to sign the agreement by 2018. The agreement, signed in Berlin, is an effort to end what the…
Challenges mushroom for embattled HDG Mansur chief [and Cayman Islands funds]
By Greg Andrews From IBJ Most of the real estate developers who have left a big stamp on Indianapolis have had an audacious streak. That was certainly true of Mansur principals Harold Garrison and Cornelius Alig, whose headline-grabbing projects downtown…
