November 19, 2019

Youngest billionaires in the world

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The youngest billionaires in the world are Norwegian sisters worth nearly $1.5 billion each who love horses, high fashion, and exotic travel By Matthew Michaels From Business Insider The world’s youngest billionaires are Alexandra and Katharina Andresen, Norwegian sisters who own part of an old family company, Ferd. The Andresen sisters are just 21 and […]

Hong Kong is leading in fintech adoption

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By John Heggestuen From Business Insider Hong Kong is the top region for fintech adoption by a sizable margin, according to data from Ernst & Young. While the US and the UK still lead in terms of investment, Hong Kong is a fertile environment for fintech, boasting low taxation, high mobile and internet penetration, and support from […]

Cayman consultants recommend merging CIMA with General Registry

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From IFC Review The “Project Future” report by Ernst & Young recommends a merger of the Cayman Islands Monetary Authority with the General Registry to increase the efficiencies of both organizations, reports the Cayman Compass. The General Registry is one of the largest revenue collectors for government and covers 13 registers, including births, deaths and […]

UK approves Cayman Islands budget plan

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From IFC Review United Kingdom budget watchdogs approved the Cayman Islands 2014/15 spending plan Wednesday, just five days before the Legislative Assembly was due to meet to review the upcoming budget, reports the Cayman Compass. Finance Minister Marco Archer confirmed the budget would be presented to the Legislative Assembly on Monday, as scheduled. Mr. Archer […]