Cayman Islands: US FATCA And Cayman Funds: Due Diligence
Article by Martin Livingston, Jon Fowler, Tim Frawley and Alasdair Robertson Maples and Calder Last Updated: 17 April 2014 On 29 November 2013, the Cayman Islands government signed a Model 1B (i.e. non- reciprocal) intergovernmental agreement with the United States…
Royal Caribbean Cruises Ltd. promotes Adam Goldstein to President and COO
From Travel and Tour World Veteran executive Adam Goldstein has been named president and chief operating officer of Royal Caribbean Cruises Ltd., the company announced. Goldstein, a 25-year company veteran, had spent the previous 12 years as president and CEO…
AHAB wins two rulings in Cayman against Maan Al Sanea’s companies; Case will proceed to trial
WASHINGTON, April 20, 2014 /PRNewswire/ — On Monday 14 April 2014, Ahmad Hamad Algosaibi & Brothers Company (“AHAB”) won two rulings in the Cayman Islands against ten companies created and controlled by Maan Al Sanea as the principal offshore component…
Commentary: The US – Caribbean’s friend or unintentional foe?
By Sir Ronald Sanders From Caribbean News Now In what has to rate as one of the most insensitive and outrageous demands on a Caribbean country, US government representatives have told The Bahamas government that it must drop “all duties”…
Cayman Islands is the new Switzerland, but not the way you think
By Robert W Wood From Forbes Are the Cayman Islands The Next Offshore Target? The U.S. has cast its tax net far and wide, more a shotgun than a rifle shot. Mixing fishing and shooting metaphors seems appropriate to show…
iNews Briefs
Woman who killed her lover in Little Cayman receives 6 year jail sentence and deportation 29 year old Honduran Elsy Calderon (real name Elsy Patricia Calderon de Ortega Barralga), who killed her lover, Caymanian Perry McLaughlin, in Little Cayman last…
Cayman Islands based online discount broker launches
OneTRADEx Ltd., Cayman’s only fully-licensed Broker/Dealer that offers online discount trading, has recently launched operations through its brand new website: www.onetradex.com. As the only Cayman based discount brokerage fully-licensed under the Cayman Islands Securities Investment Business Law, OneTRADEx is focused…
FinScan opens new Cayman Islands Data Centre
PITTSBURGH, April 16, 2014 /PRNewswire/ FinScan, a leading global provider of sanctions/Politically Exposed Persons (PEP) screening solutions, document verification, and sanctions lists today announced the opening of a data center in the Cayman Islands. The new location was added to…
Cayman Islands: Beneficial Ownership Register
By Mark Chudleigh, Chen Foley, Nick Miles, Alex Potts | Sedgwick LLP The Cayman Islands government has recently concluded a consultation on a proposal to introduce a public register of the beneficial owners of Cayman-registered entities. The proposal has not…
LightPath Technologies announces Private Placement to Pudong Science and Technology (Cayman) Co. Ltd.
ORLANDO, FL–(Marketwired – Apr 16, 2014) – LightPath Technologies, Inc. (NASDAQ: LPTH) (“LightPath,” the “Company” or “we”), a leading vertically integrated global manufacturer, distributor and integrator of proprietary optical components and high-level assemblies, announced today that it executed a Securities…
