Orange Brightens the Day
Orange was the colour of the day on Friday, 18 May as the Immigration Department participated in an island-wide dress down day during Child Month. Supporting a worthy cause, employees purchased orange t-shirts to raise funds for free meals to…
National Pensions Board done away with and new pension regulations proposed
Last Monday (28) the Minister for Employment, Rolston Anglin, unveiled a draft of a new National Pensions Bill to be submitted to the Legislative Assembly. The new bill focuses on the role of the employer to ensure they comply with…
Regional UN decolonisation seminar in Quito will discuss Cayman Islands
The UN Special Committee on the Situation with regard to the Implementation of the Declaration on the Granting of Independence to Colonial Countries and Peoples, also known as the Special Committee of 24, will hold its regional Pacific seminar on…
Florida’s Studio+ to design Cayman Islands hospital
Studio+ will design the Indian based venture led Narayana Hrudayalaya hospital in Grand Cayman, Cayman Islands. It will be tertiary care hospital focusing on cardiac and orthopedic care. The hospital is a 120-bed 107,000 SF facility consisting of four multi-function…
Cayman Islands hedge fund bank launched in Malta
FCM Bank, a Maltese bank owned by a Cayman Islands hedge fund and geared towards high net-worth individuals, was officially launched yesterday at its headquarters in Paceville. The bank is owned by the Fortelus Special Situations Master Fund Ltd, which…
Billion-dollar tax evasion fraud case now linked to Cayman Islands
This case has been making headlines for three years, has involved countries around the globe and corruption within law enforcement institutions. This is the first time there has been a link with the Cayman Islands, which is, “thought to have…
Caribbean Development Bank, World Bank And The Inter-American Development Bank Sign Collaboration Agreement to Promote The Caribbean Growth Forum
During the Caribbean Development Bank’s (CDB) Forty-Second Annual Meeting held in Grand Cayman, Cayman Islands, over the period 23-24 May, 2012, CDB, the World Bank and the Inter-American Bank formally signed a Memorandum of Understanding to jointly support the work…
Emap taken over by offshore company in Cayman Islands
Emap: Apax helped Guardian Media Group buy Emap’s trade magazine and events businesses in 2008. The deal saw GMG incorporating a new company in the tax haven of the Cayman Islands and integrating it with an existing network of Cayman…
St Lucia wants CDB to implement policies to immediately reverse credit rating downgrade
St. Lucia has called on the Barbados-based Caribbean Development Bank (CDB) to implement measures as quickly as possible to reverse the downgrading rating the financial institution has received from the US-based Moody’s Investors Services. “The Bank must move quickly to…
Michael Bywater bashes Cayman Islands tax exile Kenneth Dart
Under the title “Do the vultures really feel the pain of our financial crisis?” Michael Bywater columnist with UK’s “The Week” joins the others taking a bash at Ken Dart and the Cayman Islands. Here is the article: The Illumination…
