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Cayman Islands: New inquiry demand after court tale of how Webb diverted FIFA cash
By KEIR RADNEDGE From Sports Integrity Initiative GEORGE TOWN: The Cayman Islands Sports Minister, Osbourne Bodden, has demanded an inquiry and reforms into the local football association which was once the fiefdom of Jeffrey Webb, the disgraced former FIFA vice-president. Webb was…
Cayman Islands 5th least expensive Caribbean destination
Dominican Republic: Santo Domingo Least Expensive Destination in the Caribbean PUNTA CANA, Dominican Republic–(BUSINESS WIRE)–Santo Domingo, the capital of the Dominican Republic, is the least expensive destination in the Caribbean. The latest survey from TravelMag.com has come to this determination…
Barclays and Credit Suisse are fined over US ‘dark pools’
From BBC Barclays and Credit Suisse have been fined a total of $154m (£108m) by US regulators for their US “dark pool” trading operations. “Dark pool” operations allow investors to trade large blocks of shares but keep the prices private….
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ADFD inks loan deal for Caribbean power plant
From Trade Arabia Abu Dhabi Fund for Development (ADFD) has inked a Dh55 million ($15 million) loan agreement with Saint Vincent and the Grenadines to set up a geothermal power station in the southern Caribbean country. The agreement, between ADFD…
Letter from Brussels: A simmering conflict [Cayman Islands on one side]
BY JEREMY WOOLFE From I&PE Conflict continues to simmer over the issue of passport rights for non-EU-domiciled hedge funds across the EU. On one side are global financial reformers while, on the other, are hedge funds, centred on the interests…
Increase in values drives [Cayman Islands] Carlisle Trust
From Irish Independent By Gordon Deegan The property group established by one of Ireland’s largest developers, the late John Byrne, recorded a gain of €7.6m in 2014, new figures show. The Co Kerry native died in October 2013 aged 93,…
US firms brace for Joint Employment Liability
By Marlisse Silver Sweeney and Jan Wolfe, From Corporate Counsel Experts agree: the Department of Labor’s recent reinterpretation of “joint employment” is sure to mean increased liability for employers. In case you missed the news, on Jan. 20 the administrator of…
US Firms see Super Bowl as a Super Bust
By David Ruiz, From The Recorder Seats at Oracle Arena for the Warriors; a luxury suite at AT&T Park to watch local hero Madison Bumgarner or fading star Tim Lincecum; or maybe a dinner at Fleming’s Prime Steakhouse & Wine Bar…
Pay Reporting Proposal could help US Government enforce Equal Pay Laws
By C. Ryan Barber, from The National Law Journal At a White House event Friday honoring the seventh anniversary of the Lilly Ledbetter Fair Pay Act, federal officials laid out a proposal to have private companies include pay data in annual…
Deniers launch Cayman-Island Anti-Renewable Investment Scheme
By ClimateDenierRoundup From Daily Kos James Delingpole has a new column in The Spectator that combines a few recent Denier Roundup topics: losing bets, global warming odds, and disguised promotion of self-interest. In Delingpole’s piece, he drops any pretense of…
