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KeyTech commits to Cayman despite large loss

“KeyTech is firmly committed to Logic Cayman, where we have invested and continue to invest in a fiber rollout strategy. In November of this year, 2012, Logic Cayman was the first provider of IPTV and the first to offer a…

Budget Delivery Committee stresses vigilance

At the Deputy Governor and Chief Officer’s Meeting held on Monday 3rd December, 2012 an update on the November Budget Delivery Committee Meeting was given by Acting Deputy Governor, Dax Basdeo, who said they had met on November 29th and…

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Securing Cayman Islands residency by proof of independent means or by way of direct investment

By Giorgio Subiotto, David Cooney, Marcus Leese and Charlie Sparrow From Ogier Summary This Briefing Note relates to two processes by which an individual (and his or her family) can potentially be granted a right to reside in the Cayman…

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Aircraft registration

By David Cooney,  Ogier Introduction The United States remains the most popular place in the world to register corporate jets. However, there are a number of reasons that the US is not appropriate for everyone. The Cayman Islands, since 1976,…

Hawksbill Turtle Grand Cayman

from Frans De Backer Since turtles are back in the news – see iNews story re review of Cayman Turtle Farm – we thought it appropriate to direct you to the video shot by Frans De Becker in our waters…

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HSBC blasted for ‘stunning failures over oversight’

The US says “dangerous practices” at HSBC allowed the bank to pass money to “drug kingpins and rogue nations”, fining it $1.9bn (£1.2bn). HSBC agreed the fine, the largest of its kind, earlier on Tuesday. A US Senate investigation said…

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Caribbean Broilers exporting meat to Cayman Islands

Corporate Affairs Manager at Caribbean Broilers, Dr Keith Amiel announced that the company exported a container of chicken to that country this week and plans are also being made to export pork. He however said, with the company’s facilities up…

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Cayman Insurance Industry Has Best Year Says CIMA

Speaking at the 2012 Insurance Managers Association Cayman (IMAC) http://www.caymancaptive.ky/ annual general meeting, Head of Insurance Supervision at the Cayman Islands Monetary Authority (CIMA), Gordon Rowell underscored the reasons why the Cayman Islands’ insurance industry has been successful, why it…

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Mobile millionaires place family and quality of life above business interests: RBC Wealth Management

Global mobility shapes investment approach; Cultural ties influence wealth transfer and philanthropy TORONTO, December 11, 2012 — A global, nomadic approach to personal and professional life is a key factor to the success of millionaires around the world, according to…

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Governor, Political, financial and private groups statements on Premier’s arrest

Statement by H.E. the Governor 11th December 2012 In response to a number of enquiries from the media, His Excellency the Governor has today made the following statement: “I am aware that the Honourable Premier, McKeeva Bush, has been arrested…