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Moody’s reviews the subordinated debt ratings of certain Brazilian bank issuers for downgrade in the Cayman Islands

Sao Paulo, November 27, 2012 — Moody’s Investors Service has placed on review for downgrade the ratings assigned to subordinated debt issued by Banco Bradesco S.A. Grand Cayman Branch, Itaú Unibanco Holding S.A., and its direct and indirect leasing subsidiaries…

Walkers partner acquitted of assault

Press release from Samson & McGrath re Mark Lewis Grand Cayman -28 November 2012 – Mark Lewis was today acquitted of a single allegation of assault occasioning actual bodily harm. His reputation has been entirely vindicated. He will continue in…

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SaxonMG Sponsors FC International Football Camp in its 19th year serving the community

Based out of Cayman Islands SaxonMG, has helped finance the FC International football training camp in the Cayman Islands. Founded in 1993, hundreds of youth ages 6 to 16 from across the Cayman Islands have participated in the football camp…

CNC&O Carol Concerts announced

“Christmas Harmony” is the title of two choral concerts the Cayman National Choir and Orchestra (CNC&O) will be performing for Christmas. This annual event that is so popular with the public will take place at two venues this year. The…

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Community service for wounding offence

Justice Charles Quin handed down a community service sentence of 200 hours to Jarron Noel Conolly for wounding Nathaniel Pearson. At the Grand Court of the Cayman Islands Conolly pleaded guilty to the charge of unlawfully and maliciously wounding Pearson…

CITA backs DoE campaign for more Marine Parks

The Cayman Islands Department of Environment (DoE) is campaigning for more marine parks in the Cayman Islands and Cayman’s Tourist Association has backed them. This seems to fly in the face of Cayman Islands premier, Hon. McKeeva Bush, who is…

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Cayman Islands changes to the Regulation of Mutual Fund Administrators & Associated Fund fee increases

by Victor Murray MG management Ltd The Cayman Islands Government as a result of ongoing discussions with the U.K. Foreign and Commonwealth Office have developed new regulatory requirements and fee increases for the Cayman Islands financial industry. However, for the…

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Premier regrets not being in Cayman to meet OT Director

The following News Release was received from the Office of the Press Secretary to the Premier regarding the Director of the Overseas Territories visit to the Cayman Islands. “The new Director for the Overseas Territories is visiting the Cayman Islands…

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Family planning for mosquitoes: Genetically modified insects to fight dengue fever

From Wellcome Trust Blog We’re publishing the shortlisted entries to the 2012 Wellcome Trust Science Writing Prize. Here, Michael Conway writes about efforts to stop the spread of dengue fever by using genetically modified mosquitoes. It is 6am in the…

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Saxon MG & Saxon Pensions launches 2012 Investment Club

An elite group of students are about to once again prove that it’s never too early to start managing your money. This year’s Saxon Investment Club was launched on October 1st to local high school and college students ages 14-19;…