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Cayman Islands: Five Continents adds experienced alternatives executive

Cayman based corporate governance firm, Five Continents Partners, has added a highly-experienced hedge fund Chief Operating Officer (COO) to its growing team. Richard Muckle has joined Five Continents Partners this month as a director. Although new to Five Continents, he…

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Amazon must pay $295 million in back taxes, EU says

The Associated Press From AJC BRUSSELS Amazon has to pay $295 million in back taxes to Luxembourg, the European Union ordered Wednesday, in its latest attempt to tighten the screws on multinationals it says are avoiding taxes through sweetheart deals…

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Europe hits Ireland over $15B in unpaid Apple taxes; Luxembourg liable for $294M in Amazon taxes

By Ingrid Lunden From TechCronch The European Commission under Competition Commissioner Margrethe Vestager definitely means business. Today it issued not one but two notices related to ongoing investigations of tech giants Apple and Amazon and how they are not paying what is…

Trump plan aims new foreign tax at Apple, other multinationals

By Lynnley Browning Bloomberg From Chicago Tribune On the last page of a nine-page tax plan that calls for slashing business rates, President Donald Trump and congressional Republicans proposed a little-noticed tax that may hit companies like Apple and Pfizer….

Profits fall by 35% at Derry based [Cayman Islands registered company] Seagate Technology

By Gareth McKeown From The Irish Times Seagate Technology has seen its pre tax profits fall by 35 per cent over the past year. Topics accounts Derry Seagate Technology turnover Profits fall by 35% at Derry based Seagate Technology DERRY-based…

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Greenlight Capital Re to release second quarter 2017 results

GRAND CAYMAN, Cayman Islands, July 17, 2017 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (NASDAQ:GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the second…

Luxembourg lurks in dark as regulators light up shadow banking

By John Glover and Donal Griffin From Bloomberg Grand duchy didn’t share non-bank monitoring data with FSB Shadow banking surges to 69% of GDP of biggest countries: FSB Luxembourg, the home of European Commission President Jean-Claude Juncker and of the…

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Growth for Collas Crill in Cayman Islands

Collas Crill in Cayman has continued to grow with the appointment of associate Aoife Madden to its commercial team and the promotion of Tamika Williams to junior corporate administrator within Collas Crill Corporate Services Limited (CCCS). Aoife has experience in…

Greenlight Capital Re to Release First Quarter 2017 Results

April 20, 2017 08:30 ET | Source: Greenlight Capital Re GRAND CAYMAN, Cayman Islands, April 20, 2017 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (NASDAQ:GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced…

Destination of the week

St Patrick’s Day in the Caribbean Montserrat By Mary Barber From Independent IE The Caribbean island of Montserrat stamps visitors’ passports with a picture of a shamrock to illustrate how many of its citizens have Irish ancestry ‘ST PATRICK’S village…