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UK Treasury rep. to discuss beneficial ownership registers at OffshoreAlert Conference

A United Kingdom Treasury representative will talk at next week’s OffshoreAlert Conference in London about the country’s decision to make a register of corporate beneficial owners available to the public. The decision, which was announced last week by U. K….

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Heavy rain, localized flooding persist in the Caribbean

By Michael Doll, Meteorologist From AccuWeather Portions of the northern Caribbean have been doused by episodes of heavy rain since last week and additional downpours are a threat through Wednesday. While there will be some dry hours, rainfall at inopportune…

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Political News from Britain – Labour Party

Both related stories from The Voice Diane Abbott Tumbles Out Of Ed Miliband’s Shadow Cabinet By Natricia Duncan Long-serving Labour MP loses out as new roles are handed out leaving her as ‘free agent’ Senior Labour MP Diane Abbott has…

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WuXi PharmaTech (Cayman) Inc announces licensing agreement with Mayo Clinic

WuXi PharmaTech (Cayman) Inc. (ADR) : WuXi PharmaTech Announces Licensing Agreement for Patient-Derived Xenograft Models with Mayo Clinic’s Center for Individualized Medicine SHANGHAI, Nov. 4, 2013 /PRNewswire/ — WuXi PharmaTech (NYSE: WX), a leading pharmaceutical, biotechnology and medical device research…

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Experts say Myrie ruling is a turning point for regional integration

From caribbean360 BRIDGETOWN, Barbados, Tuesday November 5, 2013, CMC – Almost a month after the Trinidad-based Caribbean Court of Justice (CCJ) ruled that Barbados had breached the rights of a Jamaican national when she sought entry into the country in…

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What does the Cayman Island IGA really mean for the asset management industry?

By Bernard Attard PwC Malta IN BRIEF The impact of the Foreign Account Tax Compliance Act (FATCA) on the asset management industry is profound. Virtually every asset management fund will have to comply with FATCA as each likely will be…

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LIAT flights disrupted by sudden pilots strike

From Caribbean 360 ST. JOHN’S, Antigua, Tuesday November 5, 2013, CMC – Pilots employed with the regional airline, LIAT, stayed away from their jobs on Tuesday severely disrupting the schedule of the Antigua-based airline. A statement issued by the carrier…

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Scottish beef company gets secret loan from secret Cayman company

By David Montgomery From Argus Leader Desperate Aberdeen beef plant took $30M loan at 29% interest in In March 2010, the once-promising Northern Beef Packers plant in Aberdeen was in trouble. The multi-million project was only partially completed, out of…

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Maples and Calder facilitates interview training for students

Maples and Calder is committed to supporting the Islands’ youth and guiding them towards a path of success. This year the firm expanded its reach by providing scholarship interview training for five local high school students. The mock interviews were…

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Rare solar eclipse in [Caribbean], America, Europe and Africa

From BBC A rare solar eclipse allowing a view of the Sun that is totally or partially blocked by the Moon has taken place. It was first visible in the southern United States, before sweeping east across the Atlantic Ocean…