Cayman Islands mentioned in India’s White paper on dealing with black money*
The government on Monday (21) tabled the much-awaited white paper on black money in Parliament, which did not disclose any name but made a strong case for setting up Lokpal and Lokayuktas to deal with the menace. The white paper,…
Cayman Islands blamed again for US “tax millions only for suckers”
This editorial appeared in the Concord Monitor concerning Facebook’s co-founder Eduardo Saverin’s decision to renounce his American citizenship. It is “fair game” for the Cayman Islands to be ridiculously linked to this but we are the flavor of the month(s)…
Senior Cayman officials now more conversant with CDB procurement rules
Senior officials of Government ministries and agencies in the Cayman Islands who are involved in implementation of projects undertaken by the Government now know much more about how they can comply with the procurement regulations of the Caribbean Development Bank…
Some tips on how Cayman should do business with the Chinese
With the China Harbour Engineering Company deal still on the table and awaiting the report from KPMG (one of the big four auditors) I thought I would share with you an article I read that contained comments from Janet Carmosky,…
SDN makes cloud offshoring more attractive
Calligo may not be the first to take its cloud operations offshore, but in the age of software-defined networking (SDN), it could be the start of something bigger. “It’s unclear if a small, niche player that offers the benefits having…
Facebook set to price initial public offering
(AP) — Facebook’s initial public offering is shaping up to be one of the largest in history. It’s expected to be a big payoff for a company that started out eight years ago with no way to make money. Facebook…
Riding the Success Train
An anonymous thought sums up what the majority of Passport2Success graduates are achieving: Some people dream of great accomplishments, while others stay awake and do them. On Wednesday, 2 May 2012, graduates from Passport2Success (P2S) Cohort #3 gathered at Margaretville…
Cayman touts insurance industry offering in America
A delegation from the Cayman Islands insurance industry attended the 50th Annual Risk and Insurance Management Society conference held last month, to promote the jurisdiction’ position as a growing domicile for captive insurance companies. The Risk and Insurance Management Society…
Cayman Islands rule changes will potentially create more business opportunities.
The past year has been eventful one for trusts and estates practitioners, with uncertain economic conditions and numerous legislative developments. The Cayman Islands saw several rule changes that will affect trust and company structures and potentially create more business opportunities….
90% Greece bond payment goes to Dart Management
When Greece announced on Tuesday that it had made a €436 million bond payment to the hold-out investors who rejected the country’s historic debt revamping deal in March, the decision came as no surprise. After all, with the Athens government…
