Switzerland Signs FATCA Co-operation Pact With US
Tom Burroughes Group Editor in London Wealth Briefing Switzerland and the US have signed an agreement to implement the controversial FATCA tax law to make it easier for financial institutions in the Alpine state to comply with this recent US…
Calmly, Pick for Treasury Offers Replies to Senators
By ANNIE LOWREY Published: February 13, 2013 New York Times WASHINGTON — Jacob J. Lew, President Obama’s nominee for Treasury secretary, faced some fierce questioning on Wednesday from the Senate Finance Committee on his tenure at the bailed-out Citigroup and…
Cayman news in brief
Prisoners suffocating in police van From the RCIPS An incident of a prisoner fainting due to claustrophobia while waiting in a prison transport vehicle yesterday (Friday, 15 February 2013), led to some confusion outside the courts building. At about…
Afterschool Programme Receives Computer Donation from PWC
Five new laptops now power the administration of the Ministry of Education’s Extended Afterschool Programme (EASP), thanks to a recent donation by PricewaterhouseCoopers (PWC). Staff use the computers to keep track of daily attendance in the eight EASP programmes and to complete…
Re-opening of UDP National headquarters
From Cindy Adam, Office Administrator Cayman’s First Premier & Party Leader, Honourable W. McKeeva Bush, OBE, JP, Ms. Tessa Johnson-Bodden, Chairperson & fellow UDP colleagues invite you and your families to join us in celebrating the Grand Re-Opening of the UDP…
Cayman Islands: Fiction And Fact: The Financial Times And Cayman Islands Hedge Fund Transparency
15 February 2013 Article by Anthony Travers The Financial Times Fact 1. “The Cayman Islands thanks to a light touch some would say no touch-tax and regulation regime”. 1. 80% of Cayman Islands assets under…
Report: Cayman Islands is owed $20M in uncollected debt
GEORGE TOWN, Cayman Islands – The government of the Cayman Islands claims more than $20 million in uncollected debt, the majority for overseas medical expenses. Public documents show the British territory is owed more than $15 million for medical procedures…
Cayman gunrunner pleads guilty in USA
Michael Brandon Leslie, from the Cayman Islands, has agreed to plead guilty in a United States Federal Court to one of seven counts in return for the dismissal of the other six charges. Leslie was one of six defendants charged…
Education Ministry Team Players attain Employee of the Month
Ministry of Education, Financial Services and Employment (METE) staff members Nicholas McLean and Robert Llamas, have been chosen as successive Employees of the Month by the Cayman Islands Deputy Governor Awards Scheme. Financial Controller Robert Llamas received the November award…
West Bay Road will close in days/Dart deal is good value
It was revealed at the Government Press Briefing last Thursday (14) the closure of the strip of road between Governor’s Way and Raleigh Quay would be gazetted in a matter of days. The exact date was not revealed but the…
