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Cayman named most favoured domicile in global Hedge Fund Survey

GEORGE TOWN, GRAND CAYMAN, 14 December, 2011   “It is welcome yet unsurprising news that the Cayman Islands was named the most favoured domicile in the recent Hedge Funds Review’s Service Provider Rankings”, said Richard Coles, Chairman of Cayman Finance.  “The…

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Master funds need to register

The Cayman Islands Monetary Authority (CIMA) now requires master funds to register by the end of the first quarter 2012. These funds previously fell outside the jurisdiction’s regulatory framework. The Cayman Islands Monetary Authority (CIMA) is introducing requirements for master…

Caymanopoly back for 20th Anniversary

The popular Caymanopoly board game from Junior Achievement is coming back to mark the organisation’s 20years of service in the Cayman Islands. First produced almost 20 years ago, the game proved to be a successful fundraising effort for the youth…

Promotion at leading law firm

Leading international law firm, Mourant Ozannes, has announced the promotion of Simon Dickson to the partnership with effect from 1 February next year. Simon is based in the Cayman Islands office of Mourant Ozannes, which he joined in 2002. During…

Pipped at the post

iNews was first … well … except for the two Newlands 19-year-olds who slipped inside the brewery only moments before the newspaper’s Rolls-Royce pulled up at the front door, discharging a frantic driver. First to shout “I love to bock…

Tortuga honoured at business awards

Miami, Fla., – Marcus and Monique Simmonds, owners of Tortuga Rum Cake Company/Tortuga Imports, Inc. were honoured as finalists in the 2011 Jamaica Observer Business Leader Awards, held November 30 at the Jamaica Pegasus Hotel in Kingston. Started in 1996,…

Lucy admitted as attorney

Lucy Sleep, who recently completed her articles at Maples and Calder, was admitted as an attorney-at-law by the Hon. Justice Alexander Henderson in the Grand Court, on 30 November. Ms. Sleep first joined Maples and Calder in 2000 as an…

Walkers announces retirement of Chairman

Grand Cayman – (December 9, 2011) – Leading international financial law firm Walkers announces that after an extremely distinguished career spanning almost 32 years with the firm, chairman Grant Stein has decided to retire on 30 June 2012. Having joined…

iBusiness News

Weststar announces launch of fibre project

WestStar officials have announced the launch of the company’s fibre-optic project. Because of limited bandwidth in its wireless spectrum, WestStar officials have been working toward installing a wired cable system which allows the company to expand its channel lineup. After…

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Maples Group election results

The Maples Group recently held its bi-annual elections for various management positions. Henry Smith retains the role of Global Managing Partner of Maples and Calder. David Brooks continues on as Chairman and Scott Somerville as Chief Executive Officer of MaplesFS….