UBS fined £29.7m by FSA over Kweku Adoboli case
The Financial Services Authority (FSA) has fined UBS £29.7m ($47.6m) for failings that led to trader Kweku Adoboli losing £1.4bn. The fine, the third largest imposed by the FSA, was for “system and control failings” that allowed him to trade…
Pulpit Mayhem Rocks Church
By LAMECH JOHNSON Tribune Staff Reporter A PRAISE and worship at a church service allegedly turned into an unholy shoving match between church leaders while two women assaulted each other with a shoe and a tambourine. Sgt Elke-mia Campbell told…
Offshore secrets: British Virgin Islands, land of sand, sea and secrecy
By David Leigh, Harold Frayman and James Ball The Guardian, Microstate is now the world’s biggest provider of offshore entities, yet the UK refuses to step in and force it to reform The British Virgin Islands (BVI) is a micro-state…
The Village Idiot: Some years you just want to stay home
By Jim Mullen Almost everyone we know has packed up and gone south for the winter. The ones who haven’t left yet will be gone soon. Our friends who live south of us are leaving to go even farther south….
Barbados rapes: Diane Davies defends Derick Crawford
By Nic Rigby BBC News One of two women, who are convinced the man accused of raping them in Barbados is innocent, has given evidence before a magistrate. Dr Rachel Turner, from Hertfordshire, and Diane Davies, of Valley, in Anglesey,…
British Expat In Cayman Islands – Interview With James
From expatsblog When James Grandage from the UK told his wife Kim about a job opportunity in the Cayman Islands, she only had to utter two words “Do It” for him to realise the time was right to jump at…
OZ8022V LED Driver Controller
OZ8022V LED Driver Controller Features High Performance and Meets Regulatory Requirements Over Universal 85V to 265V Input Range GEORGE TOWN, Grand Cayman, Nov. 26, 2012 (GLOBE NEWSWIRE) — O2Micro®International Limited (Nasdaq:OIIM), a global leader in the design, development and marketing…
Cayman Islands Managers or Advisers to Investment Funds regulations
26 November 2012 Article by Victor Murray The Cayman Islands have a business friendly regulatory regime for the regulation of managers or advisers to investment funds. The Securities Investment Business Law (“SIBL”) regulates entities incorporated or operating in the Cayman…
Egypt crisis: Mohammed Mursi reaches out to critics
The office of Egyptian President Mohammed Mursi has said that the decree giving him sweeping new powers is temporary and not intended to concentrate power in his hands. Mr Mursi was committed to finding “common ground” with other parties. He…
Storms: Two killed as wind and rain batter Britain
Two people have died and more than 800 homes have been flooded after storms hit parts of England and Wales. A woman was killed by a falling tree in Exeter on Saturday night, while a 70-year-old man died after his…
