IMF says C’bean countries still struggling to overcome global economic meltdown
From Jamaica Observer WASHINGTON, United States (CMC) — A senior official of the International Monetary Fund (IMF) says with the global economy still struggling many countries in Latin America and the Caribbean are facing a harsher world than they did…
SEC says firm ripped off class action investors
By Cheryl Miller, From The Recorder SACRAMENTO — The Securities and Exchange Commission charged a Los Angeles firm and its co-founders with defrauding more than 250 investors who were promised huge returns on a business recruiting plaintiffs for lucrative class actions…
Cayman Islands’ remittances fall during correspondent banking crisis
BY AVIA COLLINDER From Jamaica Observer In the Cayman Islands, where remittance flows were interrupted in 2015 by the threatened withdrawal of correspondent banking support and the closure of money service providers, outward remittances dropped by US$10 million when compared…
Cayman Islands’ accountants get an upgrade
The Cayman Islands Society of Professional Accountants (CISPA) announced this week it will change its name to the Cayman Islands Institute of Professional Accountants (CIIPA), to more accurately illustrate the organisation’s critical role in Cayman as a regulator of Cayman’s…
Cayman Islands FATCA/CRS Compliance Deadlines (2016)
By The Foley Adviser From FoleyHoag Cayman Islands investment entities are currently subject to three separate regimes relating to financial account information reporting: U.S. FATCA, U.K. FATCA and the OECD Common Reporting Standard (CRS). Although these regimes are similar, each…
British-led tax reporting scheme branded hypocritical by campaign groups
From Sputnik British Chancellor George Osborne has been accused of hypocrisy after unveiling an agreement with Germany, France, Italy and Spain that will see tax and law enforcement agencies from the five countries exchange data on company beneficial ownership registers…
ILO Director General, Guy Ryder, to visit Trinidad and Tobago
Meeting with Dr the Honourable Keith Christopher Rowley, Prime Minister of the Republic of Trinidad and Tobago on the agenda. PORT OF SPAIN (ILO News) – The Director-General of the International Labour Organization (ILO), Mr Guy Ryder, is expected to…
Panama Papers law firm raided as global fallout grows
From Caribbean News Now PANAMA CITY, Panama — On Wednesday, Panamanian authorities conducted a 27-hour raid on the offices of Mossack Fonseca, the law firm at the centre of the “Panama Papers” leak of 11.5 million confidential documents, spanning four decades,…
iNews Briefs & Community Events (From BIG FISH 95.5)
Cayman Islands U-20 to face Haiti, Bermuda, Anguilla in CFU Qualifiers The Cayman Islands U-20 National football team has been drawn in Group Three of first round action in the CFU Men’s U-20 Qualifiers where they will play Bermuda,…
Cayman Islands young musicians to compete for annual award
(Grand Cayman – 14 April 2016) This year’s finalists for the Butterfield Young Musician of the Year award celebrated with a luncheon hosted at Butterfield Place, 12 Albert Panton Street George Town on Tuesday, 12 April 2016. A feature of…
