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Community Events THU JULY 2 Child Month Board Game Child Month organisers invite families to enjoy the rescheduled Board Games evening on Tuesday (2 Jun) at Book Nook, in the Galleria Plaza on West Bay Road, 6.00- 8.00pm National Gallery…
Alan Grayson hedge funds [in Cayman Islands] skirt ethics rule
By Matt Dixon From Politico TALLAHASSEE, Fla. — Rep. Alan Grayson manages hedge funds that use his name in their title, a practice prohibited by congressional ethics rules designed to prevent members from using their elected post for financial gain….
Cayman Islands takes further steps with the Global Common Reporting Standard
The next step for the Cayman Islands in relation to international tax cooperation is the implementation later this year of the OECD Common Reporting Standard (CRS). The CRS standardises the global automatic exchange of information (AEOI) for tax purposes. Financial…
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Cayman Islands cricket gets local support/Confederate flag off license plates
Mourant Ozannes proudly maintains support for Cayman Islands Cricket Leading international law firm Mourant Ozannes is proud to continue its support of Cayman Cricket by renewing its sponsorship of the Under-15 Secondary School League. This league involves players from St….
IPs predict rise in cross-border invasion [Cayman Islands preferred]
By Richard Crump from Accountancy Age INSOLVENCY practitioners expect to see a hike in cross-border insolvencies with the Cayman Islands pinpointed as a preferred offshore jurisdiction. Research commissioned by Grant Thornton and barristers chambers South Square, found that around two…
Premier, Deputy Governor deliver message to civil servants
GRAND CAYMAN, Cayman Islands – Premier Hon. Alden McLaughlin along with Deputy Governor and Head of Civil Service Hon. Franz Manderson have delivered a message to members of the Civil Service of the Cayman Islands. The message, which is attached,…
Caribbean Countries demand removal from EU Tax Haven List
From Latin American Herald Tribune SAN JUAN – The Organization of Eastern Caribbean States said it is determined to have 13 Caribbean countries removed from the European Union’s list of 30 international tax havens. “We said we are going to…
A quick guide to Directors’ Duties in the Cayman Islands
From Mourant Ozannes The duties of directors of companies incorporated in the Cayman Islands are governed primarily by the Companies Law (2013 Revision) (the Law) and precedents established by the common law. The Statement of Guidance for Regulated Mutual Funds…
Injunctive and disclosure orders in aid of foreign proceedings: Classroom Investments Inc
By Simon Dickson Jonathan Moffatt From Mourant Ozannes Cayman Islands, Hong Kong June 30 2015 In the recent decision in Classroom Investments Inc v (1) China Hospitals Inc. and (2) China Healthcare Inc. (Smellie CJ presiding) the Grand Court of…
Guide to Schemes of Arrangement in the Cayman Islands
Appleby CONTENTS PREFACE 1. What is a Scheme of Arrangement? 2. How are Schemes used? 3. What Procedures must be followed? 4. What are the Benefits of using a Scheme? 5. What are the Drawbacks of using a Scheme? 6….
