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Registration dates announced for 2016 Cayman Islands DG’s 5K Challenge
Registration dates have been announced for the 2016 Deputy Governor’s 5K Challenge which takes place in April. In Grand Cayman, registration will be held in the Government Administration Building on 7, 8, 14 and 15 April from 10 a.m. to…
Caribbean countries seeking OAS support in fight against correspondent banking
From PRIDE WASHINGTON, DC Mar. 30, (CMC) – Caribbean Community (CARICOM) countries, today, urged the Organization of American States (OAS) to lend support to their claims that the end of correspondent banking will seriously undermine the socio-economic development of the…
SEC accuses Biotech VC of siphoning funds
By Ross Todd, From The Recorder SAN FRANCISCO — Prominent biotech venture capitalist G. Steven Burrill has agreed to pay nearly $5.8 million to settle charges that he redirected money from one of his funds to prop up other flagging investments…
Dozens of big US firms targeted by hacker seeking M&A info
By Nell Gluckman, from The Am Law Daily For several years law firms have been a key target for hackers seeking to obtain confidential information about initial public offerings, intellectual property and M&A deals, claim cybersecurity consultants, but rarely does…
Caribbean countries fear new banking regulations could affect their economies
From Pride News WASHINGTON, DC, Mar. 29, (CMC) – Caribbean Community (CARICOM) countries say, there is an urgent need for action to be taken to ensure that banking regulations, designed to foster transparency and accountability and prevent money laundering and…
Food for the Poor frees nonviolent prisoners for Easter
Organization helps to free 256 inmates Prison overcrowding is a major problem in the Caribbean, often creating a deadly environment for inmates and correctional officers working in these facilities. So, in the spirit of the holy season, Caribbean charity Food…
Law firm mergers don’t benefit clients, report finds
By Chris Johnson, From The Am Law Daily Just over a week after Greenberg Traurig terminated its merger talks with London-based Berwin Leighton Paisner, a new report has been published that claims that the majority of law firm mergers fail…
Bird wants harmonised Caribbean position on banking regulations
From Jamaica Gleaner Former Antigua and Barbuda Prime Minister Lester Bird Tuesday called on the Caribbean Community (CARI-COM) to adopt a harmonised approach as it deals with the issue of corresponding banking. Bird, who is now a senior minister in…
Digicel boosts pan-Caribbean network with Tres deal
By Jason Mcgee-Abe From Capacity Media The Digicel Group has boosted its presence in the Caribbean with the 100% acquisition of Tres Networks, which operates in Curacao. Digicel, which has operations in 32 markets in the Caribbean, Central America and…
Cayman Islands provides greater flexibility by proposing the LLC
From Arthur Bell CPAs The Cayman Islands has long been a jurisdiction of choice to establish offshore entities for fund managers and others in the alternative investment industry. In December 2015, the Cayman Islands government moved to strengthen this position by…
