Outsourcing by Cayman Islands Regulated Entities
By Martin Livingston From Maples The Cayman Islands Monetary Authority (“CIMA”) has issued comprehensive guidance on the outsourcing of material functions and regulatory requirements by regulated entities (the “Guidance”). This requires regulated entities that fall within the Guidance’s scope to…
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Cayman Islands: Cayman Magic Reef Recovery Project
From teespring Help restore the damage caused in Grand Cayman on August 2014 when the Carnival Magic cruise ship dragged its anchor and 450 feet of heavy chain across a beautiful reef. Thousands of square feet of coral was crushed…
Baptist Health South Florida and Bethesda Health Sign
Agreement to Solidify Affiliation Plans MIAMI, Fla. – Oct. 2, 2015 – Baptist Health South Florida, headquartered in Coral Gables, and Bethesda Health, headquartered in Boynton Beach, have signed an agreement to merge, pursuant to a 24-month transition period culminating…
Impact of the Organisation for Economic Co-Operation and Development’s Common Reporting Standards on Cayman Islands Entities
By Gene A. DaCosta, Jonathan R. McLean From Conyers Dill & Pearman Updated 30/09/2015 On 16 June 2015, the Department of International Tax Cooperation of the Cayman Islands (the “DITC”) announced that it would be implementing the CRS into domestic…
Chta’s ‘chief’ to explore Cuba impact on Caribbean Tourism; Taps industry experts for insight
From Hospitality net THE CARIBBEAN — One of the most highly anticipated panels of the Caribbean Hotel & Tourism Association’s (CHTA) upcoming Caribbean Hospitality Industry Exchange Forum (CHIEF) is “Cuba: Opportunity or Threat?” which will take place on the closing…
George Osborne’s non-doms tax plan excludes offshore trusts
By Vanessa Houlder From FT George Osborne’s plans to tighten tax rules for wealthy foreigners living in Britain will leave many offshore trusts outside the UK tax net, according to proposals published on Wednesday. The Treasury’s consultation on “carefully targeted”…
Friends Provident International to exit UK offshore bond market
By Sam Brodbeck From Fund Web Aviva-owned Friends Provident International is to withdraw from the UK offshore bond market as part of a restructure that will see the business move within Aviva Asia. FPI chief executive Adrian Emery says the…
Swaraj meets Caribbean, Latin American ministers to push for UNSC reform
From daijiworld New York, Oct 1 (IANS): External Affairs Minister Sushma Swaraj met with two groups of Caribbean and Latin American foreign ministers Wednesday as part of India’s campaign to win support for Security Council reform. At the meeting with…
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National Conservation Council speaks out on Benthic Habitat Characterisation Survey
At the general meeting of the National Conservation Council held on 23 September the Council took note of the Benthic Habitat Characterisation Survey conducted by CSA Ocean Sciences Inc. dated 21 August 2015 that had been released to the public…
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iNews Briefs, More & Community Events
Community Events Apostle 13 & the Disciple of Demons Play with music & dance FOUR performances only Opens Thu Oct 22- Sat Oct 24 7:30pm & Sun Oct 25 3:00pm St George’s Anglican Church Hall Tickets $15 (A) $5 (C)…
