10 Questions: Cayman Islands’ New Arbitration Laws
From Financier World Wide FW: Could you provide an overview of the existing arbitration regime in the Cayman Islands? Imrie: Before 2 July 2012, arbitration proceedings in the Cayman Islands were governed by the Arbitration Law (2001 Revision). That legislation,…
CSX Cancels IHS International Holdings Limited
On 31st August 2012 Cayman Islands Stock Exchange (CSX) CANCELS IHS INTERNATIONAL HOLDINGS LIMITED NOTICE The listing of the following securities has been cancelled with effect from 12:00 noon on 31st August 2012 Name of Issuer: IHS INTERNATIONAL HOLDINGS LIMITED…
Offshore investing in Belize, does it make sense for you?
The Costa Rica Star has recently reported on a Facebook founder renouncing his US citizenship to avoid paying taxes, and of course Mitt Romney’s offshore accounts have sparked discussion on the topic. If you’re following this year’s election news, you’ve…
Fitch director: ‘Bermuda stands to gain from having greater regulation [than the Cayman Islands’]
By Jonathan Kent The Royal Gazette Bermuda provides a stronger regulatory environment for insurers than the Cayman Islands and is likely to benefit from its quest for Solvency II equivalence. That is the view of Fitch Ratings senior director of…
Camana Bay restaurants celebrate a summer of achievements
It was a summer of achievements for two of Camana Bay’s restaurants, as Michael’s Genuine Food & Drink and Ortanique completed their second Summer Internship Programme and a Michael’s Genuine team member and Cayman International School (CIS) student, Moses Ebanks,…
Rotary Sunrise Promotes Literacy
International Literacy Day was observed by the Rotary Club of Grand Cayman on Friday 7th September. To mark the day the Club donated dictionaries to every Year 7 student across the Cayman Islands with books being sent to Cayman Brac…
Dukers Celebrate Wellness
Young adult participants in the Duke of Edinburgh’s Award Scheme have pledged to ‘love their bodies’ by drinking more water, avoiding junk food and not eating too much pastries and sweets. They made this commitment was renewed after they observing…
Cayman Islands Financial Secretary absent from Deputy Governor and Chief Officer’s Meetings
We received copies of Minutes from the meetings of 30th July, 6th Aug, and 13th Aug, 2012 headed “Deputy Governor and Chief Officers’ Meeting. These Minutes can be seen at the end of this story. They have been notable for…
Tragic death of off duty Cayman Islands police officer whilst diving
In a tragic diving occurrence a 54-year-old off duty RCIPS police officer died after getting into difficulty whilst diving off Sunset House. Just after 3.00pm on Monday (10), Chris Devereux, an officer with the Drugs and Serious Crime Task Force…
78 Year old fisherman sentenced to do 150 hours community service
Justice Carol Beswick in the Grand Court on 24th Aug handed down a sentence of 150 hours community service to a 78 year old man, a retired Seafarer, who had pleaded guilty to stealing CI$180 from his employer, Jacques Scott….
