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AG confirms progress in reporting financial statements but “still a lot of work to do”

The following is a press release issued Thursday 25th October 2012 from the Office of the Auditor General, Cayman Islands The Auditor General, Alastair Swarbrick, made public today a report on the status of financial accountability reporting in the Cayman…

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Veterans’ Ball A Success

“An incredible success,” is how Cayman Islands Veterans Association (CIVA) Vice-President (and former US Marines Master Sergeant) Andrew McLaughlin described the Association’s first Veterans Benefit Dinner/Dance Gala. It raised over $25,000 towards supporting the needs of veterans in the upcoming…

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“Rawlinson & Hunter is a silver sponsor for LCTG 2012 Breast Ccancer Awareness Campaign”

Rawlinson & Hunter has been an ongoing supporter of the Lions’ Club of Tropical Gardens Breast Cancer Awareness Campaign for several years and continued this trend by becoming a silver sponsor this year.  Lion Elva Smith, President of the Lions…

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Ministry of Education supports Junior Achievement

The Ministry of Education is a corporate ambassador of Junior Achievement Cayman and recently provided the organisation with a sponsorship cheque honouring their suppor Photo: Hon. Rolston Anglin, JP, Minister for Education, Training and Employment, with Ministry Chief Officer Mary…

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EADS and Tales of Whistleblowers: A Compliance Nightmare?

Contributor:  Thomas Fox What is a compliance professional’s worst nightmare? Last week in Episode 49 of This Week in FCPA, Howard Sklar and I speculated on why the UK Serious Fraud Office (SFO) would announce it was opening an investigation…

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Hedge Fund Havens Weigh Taxes as Caribbean’s Debt Rivals Greece

By Eric Sabo Bloomberg From the Cayman Islands to the Bahamas, hedge fund havens are considering a surprising remedy for widening deficits — higher taxes. The Bahamas is planning a town hall to debate a tax overhaul that may include…

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Fifth annual CISPA Gala honours new Caymanian accountants

The Cayman Islands Society of Professional Accountants recently honoured 14 Caymanian accountants at its fifth annual gala at the Ritz-Carlton on Saturday, 6 October. This year’s honourees included ten newly qualified CPAs and five graduates with a bachelor’s degree in…

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Bahamas braced as Hurricane Sandy races in

Hurricane Sandy is bearing down on the Bahamas after battering Cuba with torrential rain and winds of 165km/h (105mph). The category two storm emerged off Cuba’s northeast coast and is due to strike islands in the southern Bahamas later on…

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CDB board approves flagship poverty-reduction programme’s seventh phase

The Board of Directors of the Caribbean Development Bank (CDB) has approved the seventh phase of the Bank’s Basic Needs Trust Fund (BNTF) Programme.   Funding for BNTF 7 is estimated at USD51.74 million.  Contributors to BNTF 7 have approved a…

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Stingray Swim Club: “Goes Trick or Treating at CBAC’s Spooky Splash.”

33 members of Stingray Swim Club (SSC) travelled across town on Saturday to compete in the Spooky Splash hosted by neighbouring team Camana Bay Aquatic Club (CBAC). A cross section of SSC swimmers, from seasoned CARFITA swimmers like Alex McCallum…