Cayman Finance statement regarding U.S. Senate Finance Committee confirmation hearing of Mr. Jack Lew
15 February 2013 · At the recent United States (US) Senate Finance Committee confirmation hearing Mr Jack Lew, President Obama’s nominee for Treasury Secretary, was asked about his investment in a Cayman Islands (“Cayman”) investment fund domiciled in Ugland House….
Company Registry servers not hacked
Servers holding information on companies registered in the Cayman Islands have not been hacked, Government officials confirmed today. Erroneous reports that the Registry of Companies servers had been compromised have prompted a number of queries to Government, said the Registry’s…
UCCI Kicks Off Voter Education
The University College of the Cayman Islands (UCCI) is kicking off the voter education and empowerment efforts by hosting the first of a two part series called “The People’s Forum- A Dialogue with Voters” on Wednesday, February 20th, 6:30pm at…
Errington A. Webster to run for Bodden Town
Let us Reach Out For Leaders With Honesty, Integrity, and Good Character Campaign Objectives As your representative for the electoral district of Bodden Town and a Leader in our Cayman Islands, I will strive to achieve the following: – Introduce…
G20 vows to combat corporate tax avoidance
G20 finance ministers meeting in Moscow have pledged to crack down on tax avoidance by multinational companies. The final communique said members were determined to develop measures to stop firms shifting profits from a home country to pay less tax…
Welch, Buffett: Economy Improving Only ‘Slowly’ as Obamacare, Dodd-Frank Threats Loom
By Dan Weil MoneyNews The economy is moving forward in fits and starts, says legendary investor Warren Buffett, CEO of Berkshire Hathaway. “It’s really been remarkably similar since late summer 2009,” he tells CNBC. “It’s just slowly been improving. Sometimes…
WSJ: Bernanke abdicates world leadership role on currencies
By Dan Weil MoneyNews Central banks around the world are meddling with their currencies through massive easing, none more so than Federal Reserve Chairman Ben Bernanke, according to a Wall Street Journal editorial. “The Fed is supposed to be the…
Switzerland Signs FATCA Co-operation Pact With US
Tom Burroughes Group Editor in London Wealth Briefing Switzerland and the US have signed an agreement to implement the controversial FATCA tax law to make it easier for financial institutions in the Alpine state to comply with this recent US…
Calmly, Pick for Treasury Offers Replies to Senators
By ANNIE LOWREY Published: February 13, 2013 New York Times WASHINGTON — Jacob J. Lew, President Obama’s nominee for Treasury secretary, faced some fierce questioning on Wednesday from the Senate Finance Committee on his tenure at the bailed-out Citigroup and…
Cayman news in brief
Prisoners suffocating in police van From the RCIPS An incident of a prisoner fainting due to claustrophobia while waiting in a prison transport vehicle yesterday (Friday, 15 February 2013), led to some confusion outside the courts building. At about…
