‘Moonie’ Church mourns founder Sun Myung Moon
Members of the South Korea-based Unification Church are in mourning following the death of their founder, self-proclaimed messiah Sun Myung Moon. Followers of Moon – often referred to as Moonies although they dislike the term – have held prayers at…
HSH N Funding II: Silent Participations and Profit Participation Capital of HSH Nordbank
DIRECTORS’ REPORT For the six months ended June 30, 2012 Corporate Governance HSH N Funding II (the “Company”}, was incorporated on May 26, 2005 as an exempted company with limited liability under the laws of the Cayman Islands. The Company…
Treasury approves sale of Gibraltar Ucits into UK
The UK Treasury has given the green light for retail investment funds domiciled in Gibraltar to be sold in the UK. Gibraltar’s financial regulatory body, the Financial Services Commission, said it has been in negotiations with the UK for a…
Cayman sailors to visit Harbour Island for 2012 Bahamas Optimist Nationals 2012
The Harbour Island Sailing Club are delighted that they have been chosen by the Bahamas Sailing Association to host the Bahamas Optimist Nationals 2012. This is the largest sailing regatta event held in the Bahamas. Around 100 junior sailors will…
Oscar Pistorius apologises for timing of Paralympics criticism
Oscar Pistorius has apologised for the timing of his comments following his loss in the Paralympic T44 200m final. The South African claimed gold medallist Alan Oliveira’s artificial legs were too long and criticised the International Paralympic Committee. In a…
Marikana mine strike: South Africa to drop murder charges
South African prosecutors have provisionally dropped murder charges against 270 miners whose colleagues were shot dead by police. The charges cannot be dismissed formally until the end of the inquiry, but prosecutors said all detained miners would be freed. Local…
Boxing Association elects new board
The Cayman Islands Amateur Boxing Association (CIAB) elected a new board on the 25 July. The CIAB said it was the objective of the new board to continue along the path of its predecessor and implement guidelines and a code…