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Dirty money – rich smell

From The Economist The forum for rich countries issues an overdue mea culpa The leakage of wealth from poor countries through tax evasion, money laundering and other misdeeds is becoming an ever bigger worry for those who want poor countries…

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Over US$400 million pledged for rapid response to disasters

From Caribbean 360 The latest promise of aid for natural disasters such as hurricanes and earthquakes in the Caribbean was made in response to appeals by top UN officials. NEW YORK, United States, Tuesday December 17, 2013, CMC – The…

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Organisational changes underway at CIAA

The Board of Directors of the Cayman Islands Airport Authority (the “CIAA”) announced today that it has re-engaged local professional services firm Deloitte & Touche to update its previous assessment of the Authority’s organisational structure and to assist with implementation…

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ON THE LEFT: Promote brand Caribbean

By Vincent Vanderpool-Wallace From Nation News Everybody in the world knows the word Caribbean yet nobody owns it, so part of the mission that we have with the public and the private sector of the Caribbean is to begin to…

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Cayman Islands: Financier Worldwide Annual Review of Litigation & Alternative Dispute Resolution 2013

Article by Ian Huskisson Travers Thorp Alberga In an interview first published by Financier Worldwide in its 2013 Annual Review of Litigation and Dispute Resolution, Ian Huskisson of Travers Thorp Alberga discusses recent trends and provides tips on litigation avoidance….

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iNews briefs

Cayman Islands Nov. Cruise Passengers Fall 10.6% Y/y Following is a summary table for the Cayman Islands November cruise passenger traffic statistics from the Port Authority of the Cayman Islands: ================================================================= Nov.         Oct.        Sept.          Aug.     July        June         May 2013        2013    …

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Harbinger closes re-insurance treaty with Bankers Life

Harbinger Group Inc. Announces Front Street Re Reinsurance Treaty with Bankers Life Insurance Company NEW YORK–(BUSINESS WIRE)–December 18, 2013– Harbinger Group Inc. (“HGI”, NYSE:HRG) today announced that Front Street Re (Cayman) Ltd., a wholly-owned subsidiary of HGI, has closed a…

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Application Dates for the Ministry of Education’s Scholarship Programme

Applicants must apply online for all scholarships, only during the specific periods for the respective scholarships; Overseas Applications 18 December 2013 – 15 February 2014   Local Applications 1 March – 30 April 2014 The online application programme is available…

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Caribbean Cuisine

David’s Deep Blue Restaurant David’s Deep Blue Restaurant at the Morritt’s Resort offers elegant dining in East End, with a breathtaking location right on the beach. Chef Remy Azavedo, well-known in Cayman for his delicious world cuisine fusion, is now…

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British Virgin Islands signs FATCA type IGA with UK

Article by Tim Clipstone, Michael Gagie, Matthew Gilbert, Philip Ireland and Kieran Walsh FromMaples &Calder On 28 November 2013, the British Virgin Islands (“BVI”) and the United Kingdom, via an Exchange of Letters amending their existing 2008 Tax Information Exchange…