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Day: April 22, 2013

Style Network announces a Reality Series for Cayman’s Selita Ebanks

From Vibe Vixen Selita Ebanks is ready to show fans that she’s more than just a pretty face. The 30-year-old supermodel will star in Selita, a docuseries for Style Network. According to Variety, the show will follow the Cayman Islands…

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Govt to settle out-of-court with Vodafone?

Nagendar Sharma and Gaurav Choudhury, Hindustan Times The government has sought the views of its top law officer — the Attorney General — on the legal viability of hammering out an out-of-court settlement with British telecom giant Vodafone on its…

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Austrians favour lifting of banking secrecy rules

From Oman Tribune VIENNA: Austrians disagree with their government over the need to maintain the country’s banking secrecy, according to polls published on Saturday which showed a majority in favour of lifting the controversial measure. A Gallup poll for the…

61lbs Cocaine found on Brac beach – updated with new photos

The Royal Cayman Islands Police Service (RCIPS) have confirmed that on Saturday 20th April 2013 at approximately 2.30pm the Cayman Brac police was alerted by the HM Customs K9 Unit of what appeared to be suspected cocaine found on the…

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Chancellor warns British tax havens to comply with international tax laws or lose Crown dependency status

By Alex Brummer This Is Money British Crown dependencies, such as the Cayman Islands and British Virgin Islands, are in line for a tax clampdown. Finance ministers from the Group of 20 advanced and emerging market countries have urged the…

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Cayman Islands: Cayman introduces Portfolio Insurance Companies

19 April 2013 Article by Wendy Lee HARNEYS The Cayman Islands Legislative Assembly recently passed an amendment to the Insurance Law (the “Amendment”) permitting certain insurers formed as segregated portfolio companies (“SPCs”) to register portfolio insurance companies (“PICs”). As of…

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Tax havens should be emulated, not persecuted

By Daniel J. Mitchell, senior fellow, Cato Institute – 04/19/13 10:45 AM ET From The Hill When the financial crisis hit, politicians from high-tax nations didn’t let the crisis go to waste. Acting through the G-20, they launched an attack…

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Hungary residency bond to be sold by Cayman Islands-registered company

From Portfolio.hu Every legal condition is given to start selling Hungarian residency bonds in China and Vietnam and the first to have the access to these debt instruments will be non EU citizens living in Hungary, local daily Magyar Nemzet…

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Rescue Group at Earth Day

From Voices News MIDDLEBURY — Spotty Dog Rescue will bring adoptable dogs to the Woodbury Earth Day Celebration, 10 a.m. to 4 p.m. Saturday, April 27, at Hollow Park. Spotty Dog is a non-profit organization founded in September 2012 by…

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Note to Tourists in the Caribbean: Quit Waking Up the Stingrays

From News Gather In the warm, turquoise waters of the Caribbean, Stingray City is a place where thousands of tourists come to commune with graceful stingrays in the Cayman Islands. While the economy in many of the world’s countries is…