Urgent Notification—US Sanctions imposed on Russia – MasterCard
Please find below notification sent from MasterCard for your urgent attention. Should you have additional questions do not hesitate to contact your account representative. Subject: Urgent Notification—US Sanctions imposed on Russia Issue: Due to US sanctions announced on Monday, 28…
Caribbean and Central American countries teaming up for seismic and climate catastrophe risk coverage
From World Bank Since its creation seven years ago, CCRIF has made eight payouts amounting to US$32 million to help countries manage budget volatility in the aftermath of recent natural hazards. Nine countries in Central America and the Caribbean experienced…
Education Minister responds to Caymanian Compass Editorial
Education minister responds to April 22 editorial, “Time to declare ‘Recess is over’ in Cayman’s schools” Thank you for giving me the opportunity to not only respond to the recent editorial, “Time to declare ‘Recess is over’ in Cayman’s schools,”…
Problem solved: New Cayman Contracts law
The Contracts (Rights of Third Parties) Law 2014 From Solomon Harris The Cayman Islands Legislative Assembly has approved the anticipated Contracts (Rights of Third Parties) Law, 2014 (the ‘Law’), although it has yet to be formally Gazetted. Here we look…
Structured Finance – Why Cayman?
Article by Alasdair Robertson and Nicola Bashforth From Maples and Calder Cayman SPVs The Cayman Islands is one of the leading jurisdictions in which to establish special purpose vehicles (SPVs) used for securitisation and other structured-finance transactions. A structured-finance transaction…
URGENT – Windows XP Advisory to the Caribbean Region
From Caribbean Cyber Security Center – The Caribbean Cyber Security Center would like to urge all Caribbean businesses, governments, and home users running the Microsoft Windows XP operating system (OS) to aggressively plan to upgrade from Windows XP, which is…
Argentina Asks Supreme Court to Protect It From ‘Vulture’ Hedge Fund
By Peter Coy From Bloomberg It’s hard to decide which is the less sympathetic party appearing before the U.S. Supreme Court today. Is it Argentina, which has repeatedly defaulted on foreign debt? Or is it a hedge fund controlled by…
Amicorp Cayman Islands
Ian Goddard is an Accredited Director with over seventeen years experience in the financial services industry in the Cayman Islands. He has an in-depth knowledge of the Cayman Islands corporate legislation and regulatory regime and has held director positions on…
Status quo for Caribbean Airlines – chaos surrounds the would-be flag carrier of the region
From CAPA –Centre For Aviation The board of beleaguered carrier Caribbean Airlines, the national airline of Trinidad and Tobago, has reportedly undertaken an evaluation of the airline’s routes as its long-haul operation to London continues to underperform. The analysis occurs…
iNews Briefs
New Cayman Islands customs enforcement head already shows he is up to the job Former senior police officer Marlon Bodden has wasted little time in settling down into his new job as head of enforcement at customs. With the paint…
