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Cayman Islands Governor involved in car crash From RCIPS Wed, Nov 5, 2014 at 4:47 PM Approximately 1:35pm Wednesday 5th November 2014, RCIPS were informed of a motor vehicle collision along the West Bay Road in the vicinity of 7…

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Court approves $275m Royal Bank of Scotland settlement

By Tom Frew From ADVFN Financial news A federal judge has given final approval to a $275 million cash settlement in the mortgage-backed (MBS) class action litigation against Royal Bank of Scotland (RBS) and others led by New Jersey Carpenters…

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Economic sentiments and the reality of the market

By Melanius Alphonse From Caribbean360 CASTRIES, St Lucia,– It is difficult to predict without fail when and, for that matter, how the trends in the market will change. Recent spikes in stock market prices and market volatility suggest that a ‘bear…

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EU Gives 20 Million for Disaster Management in the Caribbean

From reliefweb REPORT from Caribbean Disaster Emergency Management Agency Bridgetown, Barbados, October 31, 2014 (CDEMA) – Disaster Management in the Caribbean region is getting a boost with a 20 million euro grant from the European Union. The funding has been…

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Wales’ £2bn EU structural funding deal formally agreed

From BBC Wales has qualified for the EU funding the third time in a row A deal for Wales to receive £2bn in European aid between 2014 and 2020 has been formally agreed. The next stage will be for a…

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Still waiting on his ships to come in

By Patrick Hoyos From Caribbean360 BRIDGETOWN, Barbados, Tuesday November 4, 2014 – Refusing to swallow the medicine from the doctor at the central bank, which had done its best to sugar-coat the bad-tasting prescription without success, our resolute minister of…

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Jamaica’s finance minister outlines pitfalls to Caribbean economic growth

By Marie Claire Williams From Caribbean360 MONTEGO BAY, Jamaica,, CMC – A two-day High Level Caribbean Forum began here on Thursday with Jamaica’s Finance Minister Dr. Peter Phillips warning that sustainable growth and development in the Caribbean will not be…

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Government Professional Development Week 2014

Managing for Results – November 11 – 14, 2014 Marriott Beach Resort • Seven Mile Beach, Grand Cayman, Cayman Islands MESSAGE From the Honorary Chair For the last three years, government managers have gathered to share insights on current developments,…

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New finance partner hire for Mourant Ozannes, Cayman Islands

Offshore law firm Mourant Ozannes has made another notable strategic hire to its Cayman Islands practice with the appointment of finance partner James Burch. James brings with him a wealth of experience advising on some of the most complex corporate…

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Black money: Making a mountain out of a molehill?

By Soutik Biswas From BBC “Black money is so much a part of our white economy, a tumour in the centre of the brain – try to remove it and you kill the patient,” wrote Indian-born writer Rohinton Mistry in…