SFC faces mainland China legal obstacle course on CMR
By Enoch Yiu From South China Morning Post The challenges for the regulator are piled high in the CMR case. The Hong Kong Securities and Futures Commission has had an initial win in its bid to wind up recycling firm…
Chief Justice emphasizes safeguarding trust interests
At the 28th Annual Transcontinental Trusts Conference in Geneva, Switzerland last June Cayman Islands Chief Justice Anthony Smellie gave another presentation of his “Balancing the Requirements of the Trust with Fairness and Probity – A Perspective from the Cayman Islands…
Bigger Slice – Tortuga rum cake wants bigger slice of tourism market
By Ingrid Brown Associate editor Jamaica Observer WHILE Tortuga Caribbean Rum Cake is a known brand in gift shops throughout the region and on cruise ships, the company is hoping to further capitalise on the Jamaican tourism market by introducing…
China’s Tingyi says H1 profit down 31 pct, lags forecast
From msn money HONG KONG, Aug 26 (Reuters) – China’s largest instant noodle maker Tingyi (Cayman Islands) Holding Corp said on Monday its first-half net profit fell 31.4 percent due to increasing spending on advertising and slowing demand for noodles…
The 7 deadliest computer hacks known to mankind
By Geoffrey Ingersoll From Business Insider As long as companies and governments continue investing in cyber militarization, there will be bigger, more catastrophic computer hacks. There is no bottom to the rabbit hole when it comes to potential exploits in…
Tamara Hurlston is June’s best employee
In 2012, the Department of Children and Family Services (DCFS) hired Deputy Director of Finance, Administration and Special Projects Tamara Hurlston to set up its needs assessment unit as a pilot project. In the short time since, Ms Hurlston has…
Citywealth’s IFC Power Women Top 100 list includes Ogier pair
From Ogier Sally Edwards, Ogier Partner and Head of Ogier’s Private Client and Trusts team and Fiona Barrie, Chief Operating Officer of Ogier Fiduciary Services Cayman and Head of Ogier Private Wealth in Cayman, have been included in Citywealth’s IFC…
Virgin Islands economy rapidly shrinking
By Joy Blackburn From Virgin Islands Daily News ST. CROIX – The territory’s economy shrunk significantly in 2011 and 2012, driven primarily by the HOVENSA shutdown and, to a lesser extent, by diminished government spending. The U.S. Bureau of Economic…
Faulty software more damaging than cyber attacks
From EurActiv.com The vast majority of significant electronic systems failures in Europe are caused by faulty software and botched repair jobs, rather than deliberate cyber attacks, according to a report by the EU’s computer systems watchdog published on 20 August….
Pope brings in lay experts to help reform Vatican
By Philip Pullella From swissinfo.ch VATICAN CITY (Reuters) – Pope Francis has brought in international experts to help him overhaul the Holy See and move on from a series of scandals under his predecessor Benedict XVI. Urged on by the…
