Letter from Brussels: A simmering conflict [Cayman Islands on one side]
BY JEREMY WOOLFE From I&PE Conflict continues to simmer over the issue of passport rights for non-EU-domiciled hedge funds across the EU. On one side are global financial reformers while, on the other, are hedge funds, centred on the interests…
ESMA publishes letter from European Commission on AIFMD passport Fund Management
The European Securities and Markets Authority (ESMA) has published the letter it received from the European Commission (EC) in respect of its advice on the application of the Alternative Investment Fund Managers Directive (AIFMD) passport to non-EU AIFMs and AIFs,…
EU and 79 African, Caribbean and Pacific countries join forces for ambitious global climate deal
From European Commission. The following press release was issued by the European Commission on December 8, 2015 4:00 pm. The EU and the African, Caribbean and Pacific states have agreed: – the Paris Agreement must be legally binding, inclusive, fair,…
The View from Europe: Europe to consider future of ACP relationship
By David Jessop From Caribbean News Now In a matter of days, the European Commission will launch a communication (policy paper) on the options for post-Cotonou arrangements with the ACP; the grouping that brings together 79 African, Caribbean and Pacific…
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Community Events RENT: The Musical Opened Thursday September 10th, 2015 Runs to October 3rd, 2015 Thursdays, Fridays and Saturdays Doors open at 6:30 PM for Happy Hour try our special Tom Collins cocktail! at The Prospect Playhouse Do not miss…
Opt-in regimes introduced for EU AIFM Directive compliance
From International Law Office Introduction Ongoing developments in Europe in relation to EU investor access to non-EU alternative investment funds or EU alternative investment funds managed by non-EU managers have been the source of great debate, mainly as a result…
Migrant crisis: Germany’s Merkel says EU quotas are a ‘first step’
From BBC Mandatory quotas determining how many migrants each European Union country should take in are a “first step”, German Chancellor Angela Merkel says. She was speaking as the EU continues to grapple with a huge influx of migrants, which…
ESMA Advice and Opinion on European Passport Extension – Cayman Islands excluded from initial assessment
By Derbhil O’Riordan & Shane Geraghty From Dillon Eustace The Directive on Alternative Investment Fund Managers (Directive 2011/ 61/EU or “AIFMD”), regulates the management and marketing of Alternative Investment Funds (“AIFs”) and aims to provide for and harmonise an internal…
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The new European Commission and the Caribbean
David Jessop THE view from EUROPE From Jamaica Gleaner On September 10, the incoming president of the European Commission, Jean-Claude Junker, named seven vice presidents and 20 commissioners who will jointly control the European Commission for the next five years,…
Southend MP promoted into Foreign Office with responsibility for Cayman Islands
A South Essex Member of Parliament has been promoted to a ministerial role in the Government after the resignation of Mark Simmons, MP for Boston and Skegness James Duddridge, Tory MP for Southend East, has been appointed to Parliamentary Under…
