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Son of liquor board chief has licence refused Simon Welds of Cayman Mobile Bartending requested permission to sell liquor on Friday nights through to 2:30 a.m. on Saturdays. Mitchel Welds, Simon Welds’ father, is the Liquor Licensing Board Chairman and…

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What’s on your training calendar for 2014?

From the Cayman Islands Chamber of Commerce The Chamber recently offered its final courses for 2013:  The New Supervisor, facilitated by Lois Kellyman; and Fraud Detection & Prevention, facilitated by Gregg Anderson.    Congratulations to all who attended these sessions and…

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Encouraging Public Sector financial results

The Public Sector’s financial results for the 4-month period – 1 July to 31 October 2013 – were very encouraging. The Public Sector typically experiences a Deficit during the first six months of its financial year (1 July to 31…

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Marina for the Brac planned but faces problems

The Alexander Hotel management is proposing to build a multimillion-dollar marina in Cayman Brac. Grand Cayman Architect Burns Connolly who is acting for the owners of the hotel has submitted the plans for the first phase. They include excavating part…

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HFA Symposium: Issues and opportunities facing hedge fund industry

The landscape under which Hedge Funds now operate has evolved enormously over the past few years, leading to a number of challenges and opportunities for those within the industry. It is as important as ever for practitioners in the Hedge…

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World-class service with Cayman Islands Interior Design

When you’re looking for Cayman Islands interior designs, it’s easy to feel like your choices are limited. Local interior designers seem focused on the high-end, working exclusively with residents and businesses on the islands themselves. But the best interior design…

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Google slapped with $1.2 million fine for breaking privacy laws

By Jacob Siegal From BGR Google is in trouble once again, and this time it’s not for something nearly as subtle as giant, mysterious barges floating in U.S. waters. Reuters reports that Google is being fined €900,000 ($1.23 million USD)…

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They’re here. They’re investable. Get used to it.

By Ashley Kindergan From The Financialist This June saw not one but two watershed moments in the struggle for gay rights in America. In separate rulings that month, the Supreme Court cleared the way for same-sex marriage in California and…

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CIMA – Statement of guidance for regulated mutual funds

From Appleby As a result of the industry consultation process commissioned by the Cayman Islands Monetary Authority (CIMA) earlier this year, CIMA has published a Statement of Guidance (SoG) which applies to investment funds regulated under the Mutual Funds Law…

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CIBC FirstCaribbean names a new Chairman of its Board of Directors

BRIDGETOWN, WILLEMSTAD – The Board of Directors of CIBC FirstCaribbean International Bank has announced the appointment of Mr. David Ritch as its new non-executive Chairman. The appointment took effect from 13th December 2013. An attorney-at-law, Mr. Ritch obtained an honours…