The Importance of Stability in the Evolving Hedge Fund Administration Market
By Stephen Lewis, Maples Fund Services In the wake of a number of recent acquisitions in the hedge fund administration market, including Citigroup’s decision to sell its Alternative Investment Services unit to SS&C Technologies, there has been a general sense…
Cayman Islands: Fair Value In Cayman Company Mergers
Article by Nicosia Lawson and Oliver Payne From Ogier The Cayman Court’s First Ruling 1. Introduction In the Matter of Integra Group, unreported, 28 August 2015 (Jones J), is the first time that the Grand Court of the Cayman Islands…
Termination of Cayman Vehicles – Act quickly to avoid 2016 annual fees and audit
From Ogier CIMA has historically allowed registered funds that have operated but are now being terminated to apply for a part-year audit waiver when the initial termination filings are made. Although the waivers were discretionary, CIMA almost always granted them….
The Editor Speaks: Food poisoning at schools is very serious
The food poisoning of over 100 children and teachers at the Red Bay Primary School last week is very serious. Just supposing someone, especially a child, had died? Quite rightly the Department of Environmental Health (DoEH) has recommended the Mary…
Health City Cayman Islands celebrates first anniversary
CAYMAN ISLANDS (April 9, 2015) – Health City Cayman Islands celebrates its first anniversary of providing quality and affordable healthcare this month. Since the state-of-the-art medical facility received its first patient 12 months ago, Health City brought life to the…
The Editor Speaks: I am a dead man said a caller
No it was not from someone who didn’t like my Editorials. I was one of the increasing number of persons who have had a call from Windows Support out of Dallas Texas. On Friday at 6pm my phone rang and…
Back to black flowers
Back to black flowers: amazing photos by Bettina Güber From Designer Daily Bettina Güber‘s idea for this photography project was quite brilliant. She tainted some flowers in black before taking shots of it. With these monochromatic pictures, she take the…
Icahn: Junk Bonds ‘Getting to be a bubble’
By Dan Weil From Moneynews The Barclays U.S. Corporate High Yield bond index has plunged 3.1 percent so far this month, and this may be the beginning of a burst for the junk bond bubble, says legendary investor Carl Icahn….
UPDATED: Cayman teen missing since Wednesday (29) FOUND
The mother of Cetina Brooke Bodden told CITN/Cayman 27 her daughter is back at the Frances Bodden Girls’ Home. Original story: CITN/Cayman27 are reporting that Cetina Brooke Bodden went missing from the Frances Bodden Girls’ Home (FBGH last Wednesday (29) night….
Guernsey: MiFID 2: Implications for BVI, Cayman Islands, Guernsey and Jersey firms
By Ben Morgan (Guernsey) From Carey Olsen INTRODUCTION The Markets in Financial Instruments Directive (“MiFID”) is a European Union law that aims to harmonise the regulation of investment services across the member states of the European Economic Area and came…
