Cayman Islands: FATCA – A practical guide for investment funds in the Cayman Islands
Article by Bryan Hunter and Ian Gobin, Appleby Last Updated: 24 December 2013 The US-Cayman Islands Model 1 Inter-Governmental Agreement (IGA) was signed and published on 29 November 2013. Whilst we are still awaiting the publication of the terms of…
Virgin Atlantic aircraft damaged on landing in St Lucia
By Caribbean News Now contributor PHOTO: The damaged Virgin Atlantic Airbus landing gear CASTRIES, St Lucia — A Virgin Atlantic Airbus A330-300 flying from Tobago suffered substantial damage to its landing gear when it touched down on a flooded runway…
Sagicor to get £86m from sale of Europe assets
By Aleem Khan From Guardian Media T&T The Sagicor Financial Corporation (SFC) has received approval from the regulatory authorities in the United Kingdom and the Cayman Islands to sell Sagicor Europe Ltd (SEL) and its subsidiaries, which include Sagicor at…
Digicel acquires submarine fibre assets across the Caribbean Region
KINGSTON, Jamaica, Dec. 23, 2013 — /PRNewswire/ — Digicel today announced that it has reached an agreement with the Guadeloupe-based Loret Group and with Caribbean Fibre Holdings to acquire a submarine fibre network across the Caribbean region. Digicel will acquire…
Tony Wear shifts online to raise brand awareness
By Camaron Kao From Taipei Times Tainan Enterprise (Cayman) Co (台南企業開曼), which sells apparel under brand names such as Tony Wear and Emely, has set up a virtual shop on Yahoo to introduce its products in Taiwan. The company already…
Report made on registrar appointment
The recent recruitment of a Registrar of Lands was “fundamentally robust, well-documented” and in compliance with requirements of the Public Sector Management Law (PSML) says a report by human resources (HR) auditors. Following concerns over the appointment that were raised…
Caymanian Jet Ski Invention Patented World Wide
Don Patrick, owner, and mechanic of Wes-Tec Jet Ski performance race team, has successfully invented and patented a Jet Ski part that is now sold and distributed worldwide. The product was debuted at the annual World Finals held in Lake…
Judge freezes Womack’s plans to travel to the Caymans
By Austin Alonzo Reporter- Kansas City Business Journal PHOTO: Kansas City businesswoman Cheryl Womack was indicted on Dec. 12 for allegedly using foreign trusts and secret Cayman Island bank accounts to avoid paying millions in income taxes. Cheryl Womack will…
Sagicor selling European branch
From Trinidad Express Barbados-based insurance group Sagicor Financial has received approval from regulatory authorities in the United Kingdom and Cayman Islands to sell Sagicor Europe Ltd (SEL) and its subsidiaries for £86 million. The transaction will also include the sale…
Cayman remains a top flag
The Cayman Islands Shipping Registry has achieved recognition from the private sector as a top jurisdiction for vessel registration and a popular flag of choice. It is a highly respected flag and a member of the Red Ensign Group with…
