December 13, 2019

Termination of Cayman Vehicles – Act quickly to avoid 2016 annual fees and audit

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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. However, CIMA has recently changed its policy on this and from 1 October 2015 it […]

The Editor Speaks: Food poisoning at schools is very serious

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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 Miller Hall, which includes the kitchen facilities, remains closed until results of all the tests […]

Health City Cayman Islands celebrates first anniversary

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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 shared vision of renowned cardiac surgeon Dr. Devi Shetty, and Ascension, the world’s leading non-profit […]

The Editor Speaks: I am a dead man said a caller

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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 my wife, Joan, answered it. She did not understand a word the man was saying […]

Back to black flowers

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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 attention of the viewer away from color and let us appreciate the subtle textures of […]

Icahn: Junk Bonds ‘Getting to be a bubble’

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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. “The one area I think is getting to be a bubble is the high-yield market,” […]

UPDATED: Cayman teen missing since Wednesday (29) FOUND

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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. The television station is also reporting that they understand she is “not the only one […]

Guernsey: MiFID 2: Implications for BVI, Cayman Islands, Guernsey and Jersey firms

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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 into effect from 1 November 2007. Following the 2008 financial crisis, amendments to MiFID became […]