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Day: August 18, 2013

Editors Choice iBusiness iLocal News iWorld News News

CIBC FCIB T&C named in IRS investigation [with Cayman]

By Hayden Boyce, Editor-in-Chief From T&C Sun A revenue agent from the United States of America’s Internal Revenue Service (IRS) says she has uncovered evidence that the CIBC FCIB branch in the Turks and Caicos Islands was one of many…

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Archaeologists analyze carvings on Easter Island statue

by Sci-News.com Researchers at the University of Southampton have used the latest in digital imaging technology to analyze carvings on Hoa Hakananai’a, a moai (Easter Island statue) housed in the British Museum, London. The Easter Island statue Hoa Hakananai’a was…

Maples continues support for CIASA

Maples and Calder is pleased to announce its continued title sponsorship of the Cayman Swimming National Development Programme offered by the Cayman Islands Amateur Swimming Association (“CIASA”). As title sponsor, Maples and Calder has committed CI$40,000 to the programme each…

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Cayman Vs. BVI: Assistance in cross-border insolvencies

By Eliot Simpson From Law360, The decision earlier this year of Justice Andrew Jones in the Financial Services Division of the Cayman Islands gave a broad interpretation of the assistance that may be available to a foreign insolvency representative at…

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Limacol CPL gets the Virgin seal of approval from Sir Richard Branson

From Boxscore Caribbean Premier League: ST JOHN’S, Antigua – August 15, 2013 – Sir Richard Branson, the founder of the Virgin Group, has given the Limacol Caribbean Premier League (LCPL) his seal of approval after attending the Antigua Hawksbills/Barbados Tridents…

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The Cayman Islands have agreed to make it more difficult for the rich to evade taxes

By Thom Hartmann, The Thom Hartmann Program You need to know this. The bankers, billionaires, and wealthy elite are losing one of their favorite offshore tax havens. The Cayman Islands have finally agreed to cooperate with the U.S., and make…

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Cayman left nothing to chance at CONCACAF U-15 tournament

From Boxscore CONCACAF.com (Aug. 17, 2013) As the inaugural CONCACAF Under-15 tournament unfolds hosts Cayman Islands have emerged as one of the better teams thanks to comprehensive victories over St. Maarten and US Virgin Islands. Host countries traditionally do well…

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[Cayman] Prestige acquires ‘significant’ stake in Methexis Holdings

By: Ann-Marie Corvi , Reporter, International Adviser Prestige Fund Management, a Cayman Islands-based investment manager, has acquired a ‘significant’ minority stake in Methexis Holdings, the parent of Methexis Capital Advisors LLP. Prestige is affiliated with Prestige Asset Management, a UK-based,…

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‘VAT and its implications for The Bahamas and the Bahamian economy’

By Zhivargo Laing FREEPORT, Grand Bahama — Former Minister of State for Finance, Zhivargo Laing, addressed a large crowd at the Rotary Club of Freeport meeting on Thursday, August 15, at the Ruby Swiss restaurant on the hot topic of…

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Chamber Business After Hours with Cayman Water Company Ltd.

Cayman Water Company (CWC) Ltd will host the Cayman Islands Chamber of Commerce’s Business After Hours on Thursday, 29th August,2013 at the Abel Castillo Water Works Plant, Peninsula Way, Governors Harbour, just off the Esterley Tibbett’s Highway. The event is…