Latest CIMA Statistical Digest published shows significant decline in hedge funds
The most recent edition of the Statistical Digest published by the Cayman Islands Monetary Authority (CIMA) is now available. The 2011 Investments Statistical Digest presents the 2011 aggregate statistics gathered from approximately 7,000 regulated funds. The Digest records a significant…
Cause of cruise ship fire remains a mystery
By Gene Sloan, USA TODAY 3 The cause of a May fire that damaged several decks of Royal Caribbean’s Grandeur of the Seas remains a mystery, despite weeks of investigation. BALTIMORE — The cause of the May fire that damaged…
Strange worm still has its memories after being decapitated and regrowing its head
By Jennifer Welsh, Business Insider Strange tiny worms called planarians have the amazing ability to regrow their memories, even after their heads are chopped off. These amazing tiny worms can regrow their entire bodies from just one cell, including their…
“What if there’s a coup in the Caymans tomorrow?”
From The Verge Trace the convoluted worldwide structures that your bank uses to dodge taxes, By Jacob Kastrenakes It’s no secret that big businesses use their global reach to minimize their taxes, but exactly how it’s done is something of…
Dart Realty’s Jackie Doak Speaks at National Association of Real Estate Editors Conference
Camana Bay, Grand Cayman – Jackie Doak, Chief Operating Officer of Dart Realty (Cayman) Ltd. joined New Urbanist legend Andrés Duany and Steve Nygren of Serenbe on a panel discussion about the future of the New Urbanism movement. The forum…
Father and son arrested for allegedly lighting a 7-year-old boy on fire and filming it on a cell phone
SAXONBURG, Pa. (AP) — Police say a western Pennsylvania man is facing charges for allegedly dousing a 7-year-old boy with flammable liquid and then letting his own son set the child on fire. Thirty-five-year-old Edward B. Myers of Saxonburg allegedly…
Caribbean must place greater focus on intellectual property crime
Caribbean 360 BRIDGETOWN, Barbados- Intellectual property crime is not victimless crime. Such crimes pose severe risks to Caribbean consumer health and safety, have serious economic consequences, and fund transnational organised crime. This caution has come from Warren MacInnis, a director…
Shocking Canada goose culls come to light
by s.e. smith From Care2 Ugh, there’s nothing worse than sitting down for a picnic by the lake and realizing that you just smeared your hand in a big pile of goose poop. Suddenly, those picturesque honkers drifting across the…
DECCO statement re ERA announcement of cancellation of their bid
On July 15th 2013 the Electricity Regulatory Authority (ERA) announced the cancellation of the 36MW solicitation for additional generating capacity scheduled for a commissioning date of July, 2014 commenced by the RFP dated March 23, 2012. This solicitation was won…
What fund managers sometimes forget about Cayman Funds
By Kimberly Mann From Investment Fund Law Blog Private investment fund structures frequently include one or more vehicles that are organized under the laws of the Cayman Islands. The Cayman Islands is a preferred jurisdiction because there is no tax…
