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Month: September 2012

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Keynote speech by Christie highlights corruption in Jamaica

From Office of The Contractor General Of Jamaica Keynote Speaker Presentation By Greg Christie Contractor General of Jamaica At Chairman’s Club Forum, Private Sector Organization of Jamaica (PSOJ), The Jamaica Pegasus Hotel, St. Andrew, Jamaica. 7:45 am, Tuesday, September 25,…

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Insolvency and Liquidation of Segregated Portfolio Companies in the Cayman Islands

By Jeremy Walton, Partner, and Jayson Wood, Counsel, Appleby (Cayman) Ltd., Grand Cayman, Cayman Islands Introduction In 1998, significant amendments were incorporated into the Cayman Islands Companies Law permitting the formation of a segregated portfolio company (‘SPC’),1 principally for use…

40 Traffic tickets issued since new law came into effect

Since the new Cayman Islands Traffic Law and Regulations came into effect on Friday, 21st September 2012, officers of the RCIPS issued 40 traffic tickets for various traffic offences (over the weekend 22/23)   1 Speeding Ticket 1 Cell phone…

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Paul Ryan called Cayman Islands ‘the place where you hide your money’

by Jed Lewison, Democratic Underground Paul Ryan called Cayman Islands ‘the place where you hide your money’ Via BuzzFeed’s Andrew Kaczynski, Paul Ryan talks about the Cayman Islands as a tax shelter in a 2010 speech to the U.S. Chamber…

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Play, Read, Learn! Continues

Children learn through play! In May 2012, the Ministry of Education, Training and Employment and the Cayman Islands Public Library Service launched “Play, Read, Learn!”, a library-based programme  focusing on children between the ages of three and five years and…

HSA continues strong support for Healthcare Conference

As organisers gear up in preparation for the third annual national 20/20 Healthcare Conference, set to take place from 18 to 20 October at The Ritz-Carlton, Cayman’s largest provider of healthcare services, the Health Services Authority, is once again pleased…

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Romney Claims No Tax Advantage in Caymans

By Timothy Noah The New Republic Here’s a puzzler from an FAQ accompanying Romney’s release of his 2011 tax returns and a summary of his returns from 1990-2009: There are some investments that seem to be established in offshore accounts,…

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Justin Bieber’s mom, Pattie Mallette, pens book on abuse, faith, sex and her boy

Shawna Richer, The Star  Justin Bieber’s frenzied fans think the Canadian pop phenomenon’s infective hits, lustrous hair and adoring social media love are a gift from God. His mother, Pattie Mallette, knows he is, and after reading her first book,…

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China Mass Media Corp. Announces Extraordinary General Meeting of Shareholders

BEIJING, Sept. 24, — China Mass Media Corp., incorporated in the Cayman Islands (“CMM” or the “Company“) (PINK: CMMCY), announced today that it has called an extraordinary general meeting of shareholders (the “EGM“), to be held on October 31, 2012 at…

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RBS CEO warns on cost of rectifying past misconduct [with transactions tied to Cayman Islands]

Royal Bank of Scotland’s Chief Executive Stephen Hester has warned that the part-nationalised bank faces hefty penalties for rectifying past misconduct and said the overall cost of dealing with the issues was impossible to forecast. The bank is under investigation…