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Day: October 2, 2012

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The Editor Speaks: It is everyone’s right to plead “Not Guilty”

A lot of people in the Cayman Islands may have been shocked at the plea of “Not Guilty” by Hon. Rolston Anglin, the Cayman Islands Minster for Education, to three charges in connection with an incident that occurred near the…

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Foreign banks and presidential candidates

By Vincent Joyce, Patriot Ledger Besides Swiss banks, the little European principalities of Monaco and Liechtenstein have long been known as tax havens. Until this year, bank secrecy laws made it illegal for these banks to disclose holder account information….

16 recommendations of PSML not agreed by COs

The Minutes of the Deputy Governor and Chief Officer’s Meeting held on 24th Sept. 2012 showed there had been a meeting in regards to the internal Public Service Management Law (PSML) review. The review had been conducted in 2008 by…

Foreign Office approved peer’s role as tax haven lobbyist

From The Bureau of Investigative Journalism The Foreign and Commonwealth Office approved Lord Blencathra’s appointment as a paid lobbyist for the Cayman Islands government, despite his role potentially breaching parliament’s code of conduct. Lord Blencathra was appointed director of the…

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Offshore [the Cayman Islands] Tactics Helped Increase Romneys’ Wealth

By Michael Luo and Mike Mcintire, New York Times Published: October 1, 2012 Buried deep in the tax returns released by Mitt Romney’s presidential campaign are references to dozens of offshore holdings with names like Ursa Funding (Luxembourg) S.à.r.l. and…