Cayman Island Trade in Services continued to be the sole net Foreign Exchange Earner in 2012
The Cayman Islands’ Balance of Payments (Current Account) Report 2012 which summarizes the country’s economic and financial transactions on goods and services Grand Cayman, Dec. 23, 2013 /PRNewswire-iReach/ — Cayman’s Trade in Services Continued to be the Sole Net Foreign…
Encouraging Public Sector financial results
The Public Sector’s financial results for the 4-month period – 1 July to 31 October 2013 – were very encouraging. The Public Sector typically experiences a Deficit during the first six months of its financial year (1 July to 31…
HFA Symposium: Issues and opportunities facing hedge fund industry
The landscape under which Hedge Funds now operate has evolved enormously over the past few years, leading to a number of challenges and opportunities for those within the industry. It is as important as ever for practitioners in the Hedge…
They’re here. They’re investable. Get used to it.
By Ashley Kindergan From The Financialist This June saw not one but two watershed moments in the struggle for gay rights in America. In separate rulings that month, the Supreme Court cleared the way for same-sex marriage in California and…
CIMA – Statement of guidance for regulated mutual funds
From Appleby As a result of the industry consultation process commissioned by the Cayman Islands Monetary Authority (CIMA) earlier this year, CIMA has published a Statement of Guidance (SoG) which applies to investment funds regulated under the Mutual Funds Law…
Walkers launches new AIFMD online resource for Fund Managers
DUBLIN–(BUSINESS WIRE)–Leading international financial law firm Walkers is pleased to announce the launch of its AIFMD Centre, which acts as a central resource of information relevant to the Alternative Investment Fund Managers Directive (AIFMD) – the most significant piece of…
Citi appointed depositary for 58.com sponsored ADR programme
NEW YORK–(BUSINESS WIRE)–November 07, 2013– Citi, acting through Citibank N.A., has been appointed by 58.com Inc. (“58.com”), a Cayman Islands registered China based company, as depositary bank for its Level 3 American Depositary Receipt (ADR) programme. 58.com’s ADR programme was…
Judges meet in Cayman to discuss insolvency and other bankruptcy issues
It was a very distinguished group of persons arriving here in Grand Cayman this week. Regional meetings were taking place on Wednesday (6) and Thursday (7) to discuss cross-border insolvency issues, restructuring, insolvency, bankruptcy and similar issues. The distinguished attendees…
Twitter shares jump 73% in market debut
From BBC Shares in the micro-blogging site Twitter closed at $44.90, up more than 73% from their initial price of $26 each. That means after its first day as a public company, Twitter is now valued at a little over…
Obligations for issuers with CISE (the Exchange)
From Ogier By Raulin Amy, Christopher Byrne, Paul Burton, Tim Morgan, Matthew Swan and Michael Lombardi Cayman Islands Stock Exchange – continuing obligations for issuers with listed corporate and sovereign debt securities Continuing Obligations This Client Briefing has been prepared…
