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US tax ruling threatens commodity mutual funds to Cayman Islands

By John Kemp Commodity prices could come under severe pressure if the U.S. Internal Revenue Service (IRS) decides to revoke previous rulings that have allowed mutual funds to pour over $50 billion into commodity derivatives through subsidiaries in the Cayman…

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Food fans flock to Cayman Cookout

There are over 6,000 food festivals a year, but for the monied, the Food & Wine Classic in Aspen has traditionally been the main event. Perhaps not for much longer. The Cayman Cookout, held Jan. 17-20, 2013 at the Ritz-Carlton…

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Expert to assist Cayman and other Caribbean leaders in getting the most and best from their teams

Global Compliance Solutions, long a leader in helping financial service providers, is pleased to announce an agreement with sought after speaker and best-selling author Tim D. Keck to host a leadership conference for managers in all industries across Cayman and…

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Grand Cayman Resort revitalises

Recently awarded the “Best Beach Resort” by Starwood Preferred guest members, Westin Casuarina Resort & Spa on Grand Cayman Island has announced a multi-million dollar resort renewal project with enhancements planned across the property. Guided by Westin standards, the oceanfront…

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Caribbean Development Bank hosts National Project Management Workshop in Grenada

Officials from the public sector, statutory bodies, financial institutions and other agencies in Grenada involved in the management of projects financed by the Caribbean Development Bank (CDB) will benefit from a workshop to be hosted by the Bank in Grenada…

Get to know the New Traffic Laws:

Get to know the New Traffic Laws: electric cars, vehicle categories, illegal parking, speeding in a school zone and … Electric cars and vehicle categories While 90 per cent of the Traffic Law remains the same, there are significant changes…

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CIMA Announces Mandatory Online Registration for New Mutual Funds

(Grand Cayman – Friday, 14 September 2012) The Cayman Islands Monetary Authority (CIMA) recently announced that electronic submissions via its secure web portal, CIMAConnect will now be the only accepted method of application for registering new mutual funds. This announcement…

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Instant Visitors’ Work Visas Now Offered

Any person visiting the Cayman Islands to engage in “non-professional” work activities for up to five days can now benefit from an instant Visitor’s Work Visa (VWV) issued at the port of entry. Immigration officials note that this new option…

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Jamaican wanted for Cayman bank robbery remanded

From Jamaican Observer A Jamaican man who is wanted in the Cayman Islands for bank robbery was yesterday remanded in the Corporate Area Resident Magistrate’s Court. Ryan Edwards was ordered remanded by Magistrate Georgianna Fraser until October 4 after the…

Bridger back? Who is Martin Bridger?

Is Martin Bridger actually here in Cayman as he fights his legal battle with the Cayman Islands Attorney General that is being held behind closed doors in our Courts of Justice? We have had reports from persons informing us they…