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Fabrinet beats Street 2Q forecasts

Associated Press February 6, 2017 GEORGE TOWN, Cayman Islands (AP) _ Fabrinet (FN) on Monday reported fiscal second-quarter profit of $25.3 million. The George Town, Cayman Islands-based company said it had profit of 67 cents per share. Earnings, adjusted for…

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Cayman Alternative Investment Summit at Kimpton Grand Cayman Feb 15-17

Deutsche Bank is a sponsor of this year’s conference which provides a singular experience including a cutting-edge educational agenda, and a forum to discuss and debate issues facing the industry at this time. Working with Deutsche Bank you not only…

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CWC/Flow adds Sky News to Caribbean TV lineup

Tuesday 31 January 2017  Cable & Wireless Communications (CWC) has announced that its Flow consumer brand has acquired the first and only rights in the Caribbean to broadcast the Sky News HD network. Flow customers will get two months of…

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Cayman Islands still number one in the latest Banker Survey

From DMS Managing Director of DMS Bank & Trust (DMS Bank), Colm O’Driscoll is delighted to share the recent news that, once again, the Cayman Islands have been confirmed as the world’s number one specialized banking centre. The established industry…

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Cayman Islands: New trusts legislation

Author Henry Mander Contributed by Harney Westwood & Riegels LLP  From ILO The Trusts (Amendment) Law 2016, gazetted on November 23 2016, has amended and modernised the existing Cayman Islands Trusts Law (2011 Revision). Along with provisions addressing certain powers…

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Increased women’s political participation will benefit wider society

Increased Women’s Political Participation will benefit wider society says CPA Caribbean Regional Hot Topic Forum held at 62nd Commonwealth Parliamentary Conference From Commonwealth Parliamentary Association Delegates and participants at the CPA Caribbean, Americas and Atlantic Regional ‘Hot Topic’ Forum have heard…

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Cayman Islands consultation on the creation of private beneficial owner registers

Article by Bryan Hunter and Christian Victory From Appleby The Cayman Islands Ministry of Financial Services, Commerce and Environment has invited the public to provide preliminary comments on a proposal, ahead of a longer consultation period on the draft legislation…

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Post earnings coverage as Ocean Rig Q3 results missed estimates

LONDON, UK / ACCESSWIRE / December 21, 2016 / Active Wall St. announces its post-earnings coverage on Ocean Rig UDW LLC (NASDAQ: ORIG). The Company released its financial results for the third quarter fiscal 2016 (Q3 FY16) on December 14,…

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Fund structuring: responding to users’ needs – Conyers, Dill & Pearman

From Offshore Bankers With economic headwinds affecting some performance, investors want to see their interests aligned with the managers. Not only have Asian managers been pressurised to reduce periodic management and performance fees, but they are also having to come…

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The Editor Speaks: Hope

Our lives are built around HOPE. How many times do we use the word “hope”? I expect everyday. Even if it is not ourselves we hope something better happens it is for someone else. And in our definition of the…