UK FATCA: Additional Automatic Exchange Of Information Agreement signed
Article by Chris Tragheim Deloitte The UK government has announced that four overseas territories have signed intergovernmental agreements (IGAs) to improve international tax compliance. On 5 November the UK and the Cayman Islands signed the first IGA between the UK…
Director of troubled state health exchange took break for tropical vacation [in Cayman]
By Erin Cox, The Baltimore Sun As legislators pressed for answers about troubled web site, Pearce was in Cayman Islands As lawmakers grilled Maryland’s health secretary last week on why the state’s troubled health exchange was still broken, the official…
Advantage Insurance completes recapitalization and expands board of directors
GRAND CAYMAN, Cayman Islands, December 3, 2013: Advantage Insurance Holdings Ltd. (“Advantage”), a leader in customized insurance solutions for businesses and individuals, announced today that it has completed a recapitalization transaction and that Tom Hutton, Bruce Shewmaker and Gary Witherspoon…
Cutting the cost of the tuna catch
CFRM states explore Fish Aggregating Device (FAD) as cost-cutting emergent technology Belize City, Belize—For several years, the Caribbean region has been exploring the use of an emergent technology for increasing catch of deep sea fishes such as tunas at a…
Barbados most transparent and least corrupt country in Caribbean – Transparency International
From The Habarinetwork Barbados is among the least corrupt countries in the world according to the latest figures released by the German-based Transparency International (TI) on Tuesday. According to Transparency International, Barbados heads the Caribbean Community (CARICOM) countries on the…
HMRC to improve systems to cope with information exchanges
by Calum Fuller From Accountancy Age HM Revenue & Customs is to upgrade its offshore evasion strategy, in order to cope with data it receives from overseas territories and Crown dependencies signed up to tax information exchange deals. The government…
Hsieh seeks $500M from Chinese data firm [in Cayman] – “main revenue is fraud”
By Cameron Langford From Courthouse News Service MARSHALL, Texas (CN) – The Chinese data security firm NQ Mobile concealed that its main product is “actually spyware,” and its market value fell by $500 million on the news, a shareholder claims…
Spellbinding!
Five primary school pupils made history late Tuesday night (3 December 2013) in the annual Royal Bank of Canada (RBC) Primary School Spelling Bee, when they stumped judges and had organisers scrambling, before each took home first prize. Little did…
IMAC Scholarship Fund
Over $2 million raised $ 1.3 million paid in scholarships $ 370,000 earmarked for future students Educating Cayman Since 1994, the Insurance Managers Association of Cayman (IMAC) has been educating young Caymanians through its Educational Scholarship Trust Fund. A needs-based…
Where is the world’s busiest airport?
By Eoghan Macguire and Inez Torre, CNN Is it London? Or Beijing? Or somewhere in the U.S.? The answer may surprise you. Atlanta, USA, is the world’s busiest airport. See attachment for the list. And the least busiest airport is:…
