UK FATCA and Cayman Funds
Article by Martin Livingston, Jon Fowler, Tim Frawley, Alasdair Robertson and Richard D. Grasby From Maples As noted in our prior update of 19 November 2013, the Cayman Islands government signed an intergovernmental agreement with the United Kingdom (the “UK…
Lady Butler-Sloss stands down as chair of the UK child abuse inquiry
By Andrew Sparrow From The Guardian Editor: Before the announcement: On the child abuse inquiry, as Nicholas Watt reports, there are renewed calls for Lady Butler-Sloss to step down. Here’s an extract from his story: Vera Baird, the police and…
Cayman Islands hosts pre-Joint Ministerial Council
GRAND CAYMAN, Cayman Islands – The Cayman Islands will host Overseas Territories Heads of Government for a pre-Joint Ministerial Council meeting this week, beginning Wednesday. The meeting will be chaired by Premier Hon. Alden McLaughlin and is an opportunity for…
Cayman Islands former London director cleared of lobbying
From Caribbean News Now LONDON, England — The Commissioner for Standards in the UK’s House of Lords has cleared the Cayman Island’s former London office director Lord Blencathra of breaking the rules by lobbying Parliament and MPs. The Commissioner has…
FATCA is here but are systems fit for purpose?
The introduction of additional layers of complex regulation has led to financial institutions deploying a variety of systems to deal with new processes and procedures in order to remain compliant. In the article below, Chris Eaton of Blue Bison Software…
The EU vote shows growing disillusion with the EU integration
By Federico Grandesso From New Europe In an interview, British Ambassador to Belgium Jonathan Brenton talks to New Europe about his country’s trade relations with Belgium, September’s Scottish referendum and the European Council’s recent nomination of Jean-Claude Juncker as the…
Sniffer dog finds child abuse images
From BBC A sniffer dog in the US is helping officers clamp down on child abuse A suspect has been arrested after a dog trained to detect electronic circuitry found a memory stick containing images of child sexual abuse hidden…
Beaches in Britain that look more like the Caribbean
By Roshina Jowaheer, From Travel.Aol These turquoise waters and white sands can be found in the UK! Fancy a slice of the Caribbean in the UK? Britain has an array of spectacular beaches that give Barbados, Antigua and St Barts…
UK phone hacking scandal will haunt Met/Unfair taxes
Phone hacking: Met had the evidence. How will it explain five years of failure? By Nick Davies, from The Guardian Claims by senior officers that Operation Caryatid left ‘no stone unturned’ look set to haunt police force in light of…
Rectification and trusts: a Cayman Islands perspective
From Mourant Ozannes Rectification is about “putting the record straight”. It is an equitable remedy by which the court can order that the wording of a document is rectified so that it reflects the true intentions of the parties. That…
