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AIFMD Passport Extension: Hurry up and wait

By Sean M. Tuffy August 1, 2016 Articles What does the recent ESMA decision on the AIFMD Passport extension mean for non-EU hedge fund managers? Since ESMA recommended extending the AIFMD passport to Switzerland, Jersey, and Guernsey last year, the…

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Pope’s top Cardinal hit with sex abuse allegations

Pope Francis told reporters Sunday he won’t address child molestation allegations against a top Vatican cardinal who is one of his most-trusted aides until justice officials in Australia have made a determination. Francis said as far as he’s concerned, accusations…

iNews Briefs & Community Events

  Cayman Islands Business Licensing Counter to close early on Tuesday (26) The Department of Commerce and Investment’s (DCI) Business Licensing Counter will close at 3pm tomorrow (Tuesday, 26 July), for a staff training event. The counter will resume its…

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The impact of ESMA’s AIFMD passport ruling [on Cayman Islands]

By Jonathan Watkins From Global Custodian Experts weigh in on ESMA’s advice on AIFMD passports for 12 non-EU countries which could affect US and Cayman Island-based funds. Industry experts have told Global Custodian that the effect of Europe’s ruling on…

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Sir Ronald Sanders: Brexit creates EU-Britain nightmare for the Caribbean

By SIR RONALD SANDERS From Jamaica Observer The 12 English-speaking independent countries of the Caribbean Community (Caricom) have, at the most, two years to formulate a plan for dealing with the serious consequences of the British exit (Brexit) from the…

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Australia wins Caribbean tri-series, beats WIndies in final

By CRAIG COZIER, Associated Press From MSN BRIDGETOWN, Barbados — Matthew Wade, Mitchell Marsh and Josh Hazlewood starred as Australia defeated the West Indies by 58 runs to win the one-day tri-series final on Sunday. Wicketkeeper Wade struck an unbeaten 57 off…

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Astronaut in space snaps dramatic photo of the full moon caught in a sunset

Astronaut in space snaps dramatic photo of the full moon caught in a sunset BY MIRIAM KRAMER From Mashable NASA astronaut Jeff Williams captured an incredible photo of the full moon just above the horizon as the sun set from the…

Military in photos

Last month’s military in photos By David Choi From Business Insider Christian Jacobs touches a photograph of his Marine father, Christopher Jacobs, while visiting his grave on Memorial Day at Arlington National Cemetery. Lucas Jackson/Reuters A flight medic assembles an…

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Off-colour Australia fall to West Indies in Caribbean ODI tri-series

Australian Associated Press From The Guardian UK Australia 265-7; West Indies 266-6 (45.4 overs) West Indies win by four wickets with 26 balls remaining Australia paid the price for a sub-par total, ineffectual bowling and early dropped catches in St…

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10 travel myths that just aren’t true

By Ashley Rossi, SmarterTravel From Business Insider 10 travel myths debunked. From jetlag to language barriers, these common misconceptions can get in the way of a good trip. Here are 10 myths about travel that you need to stop believing…