Caribbean island’s tourism bleeds after Virgin Atlantic cuts capacity
From skift. By Adrian Loveridge, Caribbean News Now There is a very fine line when writing a column like this. The risk of being branded as a pessimist is high. I only hope that readers will focus on the message…
Pritzker yields party role reversal on offshore trusts
By Laura Litvan Bloomberg Republicans defended Mitt Romney against criticism from Democrats that he avoided taxes by keeping money stashed overseas. Those roles are now reversed with the disclosure that President Barack Obama’s pick to run the Commerce Department does…
INTERVIEW: UK’s Vestra Wealth Treats US Tax Compliance Rules As An Opportunity
By Tom Burroughes Group Editor in London, WealthBriefing Some wealth management firms outside the US may be turning down American expat clients due to their being seen as a compliance nightmare but as far as UK-headquartered Vestra Wealth goes, this…
Primary students raise funds for “Feed Our Future”
Prospect Primary students dressed in their career choices, while raising funds for the ‘Feed Our Future’ child lunch programme*. Feed our Future Cayman Islands is a charity. Their mission is simple, to provide children in need school meals. A growing…
Richard DeCoatsworth, former Phila. cop once hailed as hero, charged with raping two women, police say
From Crimesider, CBS news CBS/AP) PHILADELPHIA – A former Philadelphia police officer once hailed as a hero and given a seat next to the first lady at a speech by President Obama has been arrested and charged after police say…
Swiss Re Capital Markets successfully structures and places a USD 300 million catastrophe bond of Northeast United States Hurricane risk on behalf of Travelers
By Swiss Re Capital Markets NEW YORK, May 20, 2013 — NEW YORK, May 20, 2013 /PRNewswire/ — Swiss Re Capital Markets has successfully advised on a USD 300 million cat bond issuance by Long Point Re III Ltd., covering…
Former CIAA financial controller seeks judicial review
Former Cayman Islands Airports Authority (CIAA) financial controller (applicant) is seeking a Judicial Review to clear name and reinstatement back to original position with the Authority. The applicant claims the CIAA board acted unlawfully and unfairly when dismissed. The applicant…
GIGTANK draws global startups to Chattanooga
By Laura Baverman, Upstart Business Journal GIGTANK promised startups the fastest Internet speeds around, unique corporate partnerships, dollars and mentors—and all in the outdoorsy, artsy setting of Chattanooga, Tennessee. And they responded, coming from France, Bulgaria and the Cayman Islands…
Chief Minister defends Isle of Man’s tax status
BBC The Isle of Man’s Chief Minister has defended the island’s work against tax evaders as international pressure mounts on overseas territories. On Monday UK Prime Minister David Cameron wrote to 10 British overseas territories, urging them to “get their…
