Amendments to the Money Laundering Regulations
From: Ministry of Finance Marketing and Communications Unit Tuesday, 25 September 2012 The Cayman Islands Ministry of Finance (Financial Services) advises that the Third Schedule of the Money Laundering Regulations (2010 Revision) has been amended to include India and the…
Ritz-Carlton to keep operating Grand Cayman resort after sale
By Gay Nagle Myers The Ritz-Carlton Grand Cayman on Seven Mile Beach will go on the auction block Oct. 31 with a minimum opening bid of $240 million. The resort’s lender, RC Cayman Holdings LLC, filed a court order last…
Siem Car Carriers at Houston Texas Break Bulk Expo
Siem Car Carriers to exhibit at upcoming Breakbulk Americas Transportation Conference & Exhibition. Siem Car Carriers operates a transpacific liner service, specializing in the movement of cars, roll on roll off (RO-RO), high, wide and heavy (OHW), break bulk &…
The Economic Challenges of Sustainability Conference
A range of challenges from volatile oil and food prices, financial, economic and debt crises to climate change are threatening global efforts to achieve development that is sustainable, or that meets the needs of the present without compromising the ability…
NRA Chairman denies compulsory layoffs
National Roads Authority (NRA) Chairman Colford Scott and Members of the Board invited Deputy Premier and Minister of District Administration, Works, Lands and Agriculture (DAWLA) Hon Juliana O’Connor-Connolly and her staff, including Chief Officer Alan Jones, to a meeting with…
Keynote speech by Christie highlights corruption in Jamaica
From Office of The Contractor General Of Jamaica Keynote Speaker Presentation By Greg Christie Contractor General of Jamaica At Chairman’s Club Forum, Private Sector Organization of Jamaica (PSOJ), The Jamaica Pegasus Hotel, St. Andrew, Jamaica. 7:45 am, Tuesday, September 25,…
Insolvency and Liquidation of Segregated Portfolio Companies in the Cayman Islands
By Jeremy Walton, Partner, and Jayson Wood, Counsel, Appleby (Cayman) Ltd., Grand Cayman, Cayman Islands Introduction In 1998, significant amendments were incorporated into the Cayman Islands Companies Law permitting the formation of a segregated portfolio company (‘SPC’),1 principally for use…
Paul Ryan called Cayman Islands ‘the place where you hide your money’
by Jed Lewison, Democratic Underground Paul Ryan called Cayman Islands ‘the place where you hide your money’ Via BuzzFeed’s Andrew Kaczynski, Paul Ryan talks about the Cayman Islands as a tax shelter in a 2010 speech to the U.S. Chamber…
Romney Claims No Tax Advantage in Caymans
By Timothy Noah The New Republic Here’s a puzzler from an FAQ accompanying Romney’s release of his 2011 tax returns and a summary of his returns from 1990-2009: There are some investments that seem to be established in offshore accounts,…
China Mass Media Corp. Announces Extraordinary General Meeting of Shareholders
BEIJING, Sept. 24, — China Mass Media Corp., incorporated in the Cayman Islands (“CMM” or the “Company“) (PINK: CMMCY), announced today that it has called an extraordinary general meeting of shareholders (the “EGM“), to be held on October 31, 2012 at…
