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Bank honours humanitarians/Trinidad creates 30,000 new jobs

RBC honours nominees in the Humanitarian category From Bahama Islands Info RBC Royal Bank, sponsor of the second annual 2014 Bahamian Icon Awards NASSAU, Bahamas – RBC Royal Bank, sponsor of the Second Annual Bahamian Icon Awards, will be presenting…

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Rectification and trusts: a Cayman Islands perspective

From Mourant Ozannes Rectification is about “putting the record straight”. It is an equitable remedy by which the court can order that the wording of a document is rectified so that it reflects the true intentions of the parties. That…

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Turnbull investment in tax haven criticised

By Heath Aston, Political reporter From The Sydney Morning Herald Malcolm Turnbull, Australia’s second-richest parliamentarian, has invested in a ”vulture fund” based in the tax haven Cayman Islands. Disclosure of what appears to be a $1 million stake in a…

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The 12 most over-the-top weddings in tech

By Madeline Stone From Business Insider Wedding season is upon us, and with it come tales of extravagant, multimillion-dollar celebrity marriages. Wealthy tech executives are no exception to the rule. From top-secret ceremonies on private islands to wild entrances by…

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Abandoned Domino Sugar Factory

Eerie Photos Of Brooklyn’s Gigantic, Abandoned Domino Sugar Factory By Harrison Jacobs From Business Insider As a lifelong resident of Manhattan, photographer and former urban planner David Allee has often spied the hulking outline of the iconic Domino Sugar Factory…

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World Bank Group backs Latin America and the Caribbean’s efforts to boost growth and preserve social gains

Infrastructure, transportation, education and fiscal management were among top priorities supported by more than $10 billion last fiscal year WASHINGTON, July 2, 2014 – The World Bank Group (WBG) committed $10.2 billion in fiscal year 2014 (July 2013 to June…

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RBL Capital provides $10MM credit facility to Net Element [financing by Cayman Invest]

From ABL Advisor Net Element, Inc., a technology-driven group specializing in mobile payments and value-added transactional services in emerging countries and in the United States, completed the closing of a $10 million credit facility from the payments industry-leading lender, RBL…

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Oliver Kinross to host The Latin America and Caribbean Security Summit 2014 In Miami

From Source Security The summit will cover a range of topics varying from counter narcotics, maritime security, penitentiary security, private & corporate security, etc. The event will showcase latest technology, equipment and services at the forefront of the security industry…

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Obama cracking down on tax cheats

By Jonah Bennett From Daily Caller Arriving 18 months late on the scene, the Foreign Account Tax Compliance Act (FATCA) came into effect this week in an effort to crack down on tax dodgers funneling money outside the country, the…

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Nick Pringle | Pitch perfect

By Sumana Mukherjee From Live Mint From the cricket field to the sales spiel, the commercial director of Accolade Wines—in India as Hardys—has it all extra-covered. Pringle’s workday starts with Australia and travels westwards with the sun, ending with the…