George Osborne claims progress in tax haven plan
By Patrick Wintour, Juliette Garside and Ben Quinn, guardian.co.uk, All British overseas territories with large financial operations have signed up to transparency strategy, says chancellor George Osborne claims to have won a significant victory in his campaign to open up…
HMRC clampdown on offshore trusts might lead to jail, tax adviser warns
From International Adviser UK residents who have access to money through offshore trusts are being advised to check that their arrangements are still within the current tax laws following HMRC’s recently announced swoop on trusts that are being used to…
Venezuela: Respect Free Speech!
Care2 signatures: 5,458 signature goal: 10,000 Target: Venezuela Government Sponsored by: Brittany E.G. Since the slight victory of Nicolas Maduro in the recent Venezuelan elections, the country has erupted in horrifically violent protests. Maduro’s opponent challenged the results, but the…
Royal Caribbean to expand short cruises from Florida [with stops in Cayman]
Royal Caribbean will have five ships sailing short Caribbean and Bahamas cruises out of Florida in 2014 — one more than this year. The lines says the 1,998-passenger Vision of the Seas will join the 3,634-passenger Liberty of the Seas…
O2Micro Reports First Quarter 2013 Financial Results
GEORGE TOWN, Grand Cayman, May 1, 2013 (GLOBE NEWSWIRE) — O(2) Micro(R) International Limited (Nasdaq:OIIM), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, reported its financial results today for the first quarter of…
Billionaire’s decades of profits spirited away [to Cayman?]
By Mark Baker, Editor-at-Large, The Age – From The Sydney Morning Herald Glamorous property deals and harbourside mansions reaped nothing for the taxpayer. One of Asia’s richest tycoons has avoided tax on tens of millions of dollars in profits from…
Toco Boys’ fifth in NORCECA tourney
By Shammi Kowlessar, Trinidad Express Daneil Williams and Simon Blake improved again when the NORCECA (North, Central America and the Caribbean) Beach Volleyball Tour continued last weekend in Guatemala. After finishing 11th in the opening leg in the Cayman Islands…
More questions for 1MDB
By P Gunasegaram, malaysiakini QUESTION TIME So far, strategic development company, 1Malaysia Development Bhd or 1MDB has released two statement which attempt to answer many questions raised in two series of articles in KiniBiz and reports in other publications, as…
Managing Partners suspends redemptions to life policy fund
From Products By: Helen Burggraf – International Adviser Managing Partners Ltd, a Cayman Islands-registered asset manager, has revealed that it “imposed a redemption gate” on its Traded Policies Fund last month, becoming the latest traded life policy fund manager to…
