Islamic Finance: From the Cayman Islands to the Middle East and beyond
By Louise Groom and Joanna Hossack From Harneys The use of off shore companies in Islamic finance is driven by many of the same factors as in conventional banking, as tax efficiency, bankruptcy-remoteness and privacy are considerations common to most…
World Autism Awareness Day is Wednesday, April 2nd
Join the Special Needs Foundation of Cayman in celebrating World Autism Awareness Day at Camana Bay Wednesday, April 2nd Come see Camana Bay’s Town Centre lit up blue from Monday March 31st – Sunday April 6th in honour of Autism…
Why Russia won’t tank the U.S. Treasury Market
By Catherine L. Mann from Bloomberg The standoff between the U.S. and Russia over Ukraine has sparked renewed interest in a troubling question: Do the U.S. government’s vast debts to foreign nations present a threat to its national security? The…
UK Enters into tax agreements with the Cayman Islands and other offshore jurisdictions
From JDSupra The UK and the Cayman Islands recently entered into an agreement to improve international tax compliance (ITC). Similar to the US Foreign Account Tax Compliance Act (FATCA), the ITC imposes wide-ranging UK financial reporting obligations on financial institutions…
Cartoon of the Day
By Tony Zuvela, Cartoonist “It’s my own little World which I can escape to everyday and create a fun, weird, berserk Cartoon to whatever subject I like. I enjoy doing all the work myself, and all the aspects of Cartooning,…
Cayman still reigns supreme
By Charles Gubert From CooConnect Among the many findings in the UK Financial Conduct Authority’s (FCA) just published Hedge Fund Survey is the “revelation” that the EU’s Alternative Investment Fund Managers Directive (AIFMD) has not facilitated an exodus of managers…
Lewis Hamilton takes maiden Formula One win with Mercedes at Sepang
From Caribbean360 SEPANG, Malaysia, Monday March 31, 2014, CMC – Lewis Hamilton of Mercedes captured his first event in ten outings and his first ever at Sepang when he won the Malaysian Grand Prix here Sunday. The Brit, whose paternal…
Haitian lawmaker frees criminal suspects by force
By Joseph Guyler Delva From Caribbean News Now PORT-AU-PRINCE, Haiti (HCNN) — Prosecutors in Haiti’s capital on Thursday observed the last day of a 48-hour strike to denounce and protest the storming of their office by a lawmaker who freed…
Is the Caribbean Diaspora a real source for investment?
CaribPR Wire, NEW YORK, NY, Mon. Mar. 31, 2014: Nationals from the Caribbean region and those of Caribbean heritage living outside the region number millions even though there is no accurate count of the total number. There’s no better demonstration…
The US debt ceiling crisis that ended with a whimper
By Jamie Robertson Presenter, BBC World News The US Congress has agreed to raise the debt ceiling until March 2015, averting another crisis that almost four months ago threatened to trigger a default on US debt and plunge the global…
