Changes to Cayman Islands Special Economic Zone regulations gazetted
Supplement No. 1 published with Extraordinary Gazette No. 34 dated 8th May, 2015. THE SPECIAL ECONOMIC ZONES LAW, 2011 (LAW 22 OF 2011) THE SPECIAL ECONOMIC ZONES (AMENDMENT) REGULATIONS, 2015 THE SPECIAL ECONOMIC ZONES LAW, 2011 (LAW 22 OF 2011)…
Insurer: 10% rate fall to ‘Soften Vat Blow’ [Cayman Islands rates below Bahamas]
By Neil Hartnell From Tribune 242 A leading insurer yesterday expressed hope that a 10 per cent year-over-year fall in property and casualty premiums will “soften the blow” from Value-Added Tax (VAT) for Bahamian consumers. Anton Saunders, RoyalStar Assurance’s managing…
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Cayman Islands Rotary Club celebrate 50 years with “The Magic of the Musicals”
The Rotary Club of Grand Cayman will be celebrating 50 years of being chartered and established on island later this year. The Rotary Club of Grand Cayman’s annual fundraiser over those 50 years has really gone to town to make…
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Community Events MAY 8 CINICO Cayman Brac Closure Due to illness, the CINICO Cayman Brac office will be closed Tuesday, Thursday & Friday of this week. During this period, all Cayman Brac Civil Servants needing assistance should contact the Grand…
Lack of trade finance a barrier for developing countries
By Roberto Azevêdo From Caribbean Life GENEVA, May 2 2015 (IPS) – Up to 80 percent of global trade is supported by some form of financing or credit insurance. Yet in many countries there is a lack of capacity in…
Injunction issued against AmEx anti-steering rules
By Andrew Keshner, From New York Law Journal American Express cannot impede merchants from expressing preferences or offering incentives for consumers to use certain cards, a judge decided after already determining the company violated antitrust laws with its anti-steering rules….
Skelos, son charged with bribery, extortion
By Mark Hamblett,From New York Law Journal In the latest federal indictment targeting what authorities say is a pay-to-play culture in Albany, New York state Senate Majority Leader Dean Skelos and his son, Adam Skelos, were arrested Monday on federal…
5 ways humanity is killing crowdfunding
By Lyndsey Gilpin From TechRepublic Crowdfunding was meant to democratize finance and help the best ideas for changing the world have a chance to succeed. But as usual, humanity is trying to sabotage that mission. We were joking in the…
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Community Events MAY 7 Clifton Hunter High School year 7 & 8 Parents’ Consultative Evening The Clifton Hunter High School year 7 & 8 Parents’ Consultative Evening is Wednesday (6 May) in the performing arts building at 5pm. Reporting session…
Ridgefield hedge fund partner gets 33 months [funds based in Cayman Islands]
By Alexander Soule From Financial Mines Connecticut David Bryson, 46, a former managing partner of Ridgefield-based New Stream Capital, received a 33-month prison sentence for his part in a fraudulent scheme that ultimately defrauded investors of $46 million. Bryson collected…
