British firm accused of bribery payments to Cayman Island Company over Saudi deal
A British firm is accused of bribery over a £2 billion defence deal with Saudi Arabia, the Standard can reveal. David Cameron has been alerted to claims that the company, which supplies communications equipment to the Saudi national guard, paid £14 million…
Cayman Islands Monetary Authority approves acquisition of GO.L
(RTTNews.com) – SS&C Technologies Holdings Europe S.Ã r.l, an indirect wholly owned subsidiary of SS&C Technologies Holdings, Inc. (SSNC), said it has now received formal approval from the Cayman Islands Monetary Authority of the acquisition of GlobeOp’s (GO.L) GlobeOp Financial…
BIH holding company of Birmingham City FC and registered in the Cayman Islands admits accounts are further delayed
The holding company of football club Birmingham City has delayed the publication of its results again. Birmingham International Holdings (BIH) said the already-delayed release of its results for the six months to 31 December would not now be published until…
Public name and shame is the name of the game in new Pensions Law
As we reported in iNews Cayman yesterday (31) the proposed new Department of Labour (DOLP) and Pensions states that any employer who does not respond to orders to pay will not have their trade and business licence renewed nor will…
2013 Cayman Islands General Elections programme published
Election Day is WEDNESDAY 22ND MAY 2013 Set out below is the timetable and programme for next year’s elections together with the 2013 (expected Public Holidays). With less than ten months to get this country “back on track” and “in…
Chamber participants learn about service
With the ever-changing demands on the business community to ensure good customer service to clients, seven employees were recently exposed to some pertinent training at the Chamber of Commerce on May 16th 2012. The course, Service Over the Phone, was…
Olympus settles with ex-chief Woodford after admitting lossmaking in Cayman Islands
Michael Woodford, the former Olympus chief executive, has reached an out-of-court settlement with the Japanese company for unfair dismissal. Mr Woodford was sacked just two weeks into his tenure after he raised questions about $1bn in suspicious payments made by…
Better Building and Free Planning
1. Planning Teaches Better Building As part of its continuing public outreach efforts the Department of Planning is partnering with industry representatives in presenting a new three part lecture series focusing on best practices, particularly roof trusses, framing and uplift…
Cayman Islands Registered Chinese retailer draws record number of subscribers for Taiwan IPO
Grand Ocean Retail Group Ltd., a department store chain operator in China, has attracted a record 72,460 subscribers over the last three days for its initial public offering on the Taiwan Stock Exchange (TWSE), its underwriter said Wednesday. Yuanta Securities…
Political Scrapbook exposes MP’s free travel to Cayman Islands
A right-wing Tory MP has received more than £36,000 in free foreign travel in the last twelve months, Political Scrapbook can reveal. Controversial backbencher Andrew Rosindell clocked up the air miles across seven trips paid for by third parties —…
