Offshore centres make good progress – [Cayman placed 4th]
By: Deborah Benn, International Investment, IFAonline Offshore centres continue to progress according to the latest Global Finance Centre Index (GFCI) 13 by research group, Long Finance. Offshore centres suffered significant reputational damage in 2008 and 2009, according to the report…
Bishop slams lottery scam and shed populist politics
Two stories concerning Jamaican and Cayman Islands Bishop Howard Gregory Bishop slams [Jamaican] government over lottery scam From Jamaica Observer Bishop Howard Gregory yesterday scolded the Jamaican Government’s response to the lottery scam, saying that it was slow to enact…
Bishop slams [Jamaican] government over lottery scam
From Jamaica Observer Bishop Howard Gregory yesterday scolded the Jamaican Government’s response to the lottery scam, saying that it was slow to enact legislation and suggested that tough talk against the deadly practice emerged only at the same time that…
Cayman Election nominees reminded to register their interests
The Registrar of Interests reminds all nominees contesting the 22 May General Election that they have to declare their Register of Interests on the official form. All nominees are required by the Register of Interests Law (1996) to fill, sign…
Report: Big business no stranger to offshore tax havens [like Cayman Islands]
By CBS News As millions of Americans get ready to file their taxes, some big companies will pay little or no taxes this year — thanks to loopholes in U.S. tax laws. Firms can legally avoid paying taxes on money…
CONCACAF announces changes to Gold Cup regulations
New Tiebreaker Rules and the Possibility to Amend 23-Player Roster after Group Play Introduced MIAMI (Thursday, April 4, 2013) – The Confederation of North, Central America and Caribbean Association Football (CONCACAF) announced today changes to the regulations governing the CONCACAF…
Mega-rich use tax havens [Cayman Islands] to buy and sell masterpieces
By Mar Cabra and Michael Hudson Huffington Post Famed Spanish art patron uses island haven in South Pacific to manage her collection. Tourists who come to Spain’s capital often make a pilgrimage to the museums in Madrid’s so-called Art Triangle….
BVI not responsible for leak of sensitive financial information – gov’t :UPDATE
From The Guardian (UK) and BVI News Online The government of the British Virgin Islands has responded to a newspaper article relating to the leak of sensitive financial information concerning individuals and businesses with alleged interests in the territory and…
Herbalife CEO compensation falls to $10.3 Million in 2012
By Duane D. Stanford Bloomberg News Herbalife Ltd. (HLF) said Chairman and Chief Executive Officer Michael Johnson was paid compensation of $10.3 million in 2012, a drop from the previous year when his pay was inflated by the value of…
Ireland: Side stepping side letters?
Article by James Gaden, MAPLES In a market where fundraising has been challenging, side letters providing tailored investment terms to investors can be a helpful tool to attract capital. Although advisors will commonly highlight issues arising with side letters, including…
