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Same-sex marriage: French parliament approves new law

France has become the 14th country to approve a law allowing gay marriage. The bill, which also legalises adoption by same-sex couples, was passed by 321 votes to 225 in the French parliament. The decision follows a divisive public debate…

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Brazil judge orders Facebook memorial page removed

By Jefferson Puff, BBC Brasil, Sao Paulo A Brazilian judge has ordered Facebook to delete the profile of a 24-year-old journalist who died in May last year. The mother of Juliana Ribeiro Campos filed a case arguing that messages, songs…

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RM7.09b fund safe and for strategic investment: 1MDB

KUALA LUMPUR, April 23 – 1Malaysia Development Bhd (1MDB) says the US$2.318 billion (RM7.09 billion) fund as stated in its audited accounts is safe. 1MDB in a statement today said these are proceeds and profits originating from its initial 1MDB-PetroSaudi…

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We added four feet to make our life complete

By Dody Denman Joyfully we ANNOUNCE an addition to our family – Moxy Mike and I have adopted a rescue 3 year old Terrier mix and it has been momentous!  It was quite a process that began with me.  I…

Election observers issued formal letter

With the agreement of the elected Government of the Cayman Islands, His Excellency the Governor has issued a formal letter of invitation to the Commonwealth Parliamentary Association (CPA) requesting that they organise a team of election observers to observe the…

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Budget solution for U.S. is hiding in Cayman Islands

By Joe Rasmussen   Gazette Xtra This month, as millions of hard-working Wisconsinites paid their taxes and leaders in Washington debate budget proposals, some of America’s largest corporations and wealthiest individuals are avoiding the taxes they owe—and it’s hitting our budget…

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Canada train ‘al-Qaeda plot’ suspect in court

BBC A man arrested in Canada on suspicion of planning what officials say was an al-Qaeda-backed plot to attack a train has appeared in court in Toronto. Raed Jaser, 35, did not enter a plea during his brief appearance, when…

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Deloitte responds to regulatory changes with senior hire

Ainhoa Barcelona, Wealth briefing Reporter in London Deloitte has appointed financial services reward specialist Helen Beck as a partner in its compensation and benefits practice based in London. She joins at a time when the firm and its peers are…

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World Bank urges Caribbean to ‘propel domestic engines of growth’

From Antigua Observer –CMC WASHINGTON (CMC) – The World Bank has urged Latin America and the Caribbean (LAC) to “propel domestic engines of growth”, stating that the “formidable global tailwinds” that facilitated robust economic growth and social inclusion in the…

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Cayman Islands: Cayman creates incorporated cell companies

Article by Wendy Lee, Harneys 23 April 2013 The Amendment permits a new or existing SPC to incorporate a PIC on behalf of a relevant cell or segregated portfolio.  The PIC, instead of the segregated portfolio, would then conduct the…