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South Cove: Coziness on the Cayman Islands Part 1

“Soon come” is a familiar Caribbean phrase normally associated with a tide of red tape and interminable wait. But, when Salt Lake City businessman John McMillian and his Caribbean development director Peter Hughes said that, and teamed up for their second…

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Clifford Law Associates opens its doors

Clifford Law Associates (CLA) has officially opened it’s doors and commenced operations from  the 5th floor of the Genesis Building on Genesis Close off Dr. Roy’s Drive in central George Town. CLA is a civil and criminal litigation practice which…

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OTD Director to visit Cayman Islands

The new Director the Overseas Territories Department (OTD) of the Foreign and Commonwealth Office (FCO) is visiting the Cayman Islands and will be meeting the press on Thursday November 29th. OTD Director, Dr. Peter Richard Hayes, is in the Cayman…

McLaughlin accuses Premier’s statement re Ritz duty was penned by Ryan

  STATEMENT BY HON. ALDEN McLAUGHLIN, M.B.E., J.P., M.L.A. LEADER OF THE OPPOSITION 26th November 2012 Outstanding duty owed to the Cayman Islands Government by Michael Ryan and/or one or other of his companies with respect to the Ritz-Carlton Property Following…

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Leading Caribbean Scholar Featured at UCCI Public Lecture

The University College of the Cayman Islands will launch the first of its Distinguished Public Lecture Series on Thursday, November 29, 6:00pm at the UCCI Sir Vassel Johnson Hall. Headlining this session is Professor Trevor Munroe, one of the Caribbean’s…

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FSA ‘cop out’ in HBOS collapse

By Rowan Bosworth-Davis I have been getting some pretty vociferous criticism from certain city apologists in recent weeks, all of whom seem to think that my observations about the financial sector and the FSA are gratuitous and without merit. As…

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Mark Carney named new Bank of England governor

Mark Carney has been named as the new governor of the Bank of England by Chancellor George Osborne. Mr Carney, the governor of the Canadian central bank, will serve for five years and will hold new regulatory powers over banks….

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UBS fined £29.7m by FSA over Kweku Adoboli case

The Financial Services Authority (FSA) has fined UBS £29.7m ($47.6m) for failings that led to trader Kweku Adoboli losing £1.4bn. The fine, the third largest imposed by the FSA, was for “system and control failings” that allowed him to trade…

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Offshore secrets: British Virgin Islands, land of sand, sea and secrecy

By David Leigh, Harold Frayman and James Ball   The Guardian, Microstate is now the world’s biggest provider of offshore entities, yet the UK refuses to step in and force it to reform The British Virgin Islands (BVI) is a micro-state…

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OZ8022V LED Driver Controller

OZ8022V LED Driver Controller Features High Performance and Meets Regulatory Requirements Over Universal 85V to 265V Input Range GEORGE TOWN, Grand Cayman, Nov. 26, 2012 (GLOBE NEWSWIRE) — O2Micro®International Limited (Nasdaq:OIIM), a global leader in the design, development and marketing…