Cayman Islands advisors arrest suggest U.S. government receiving more information about Offshore Accounts
This post was written By Parag Patel, Attorney According to a DOJ Tax Press Release, here, the IRS has arrested a U.S. Citizen and two Canadian citizens who offered enabler services to U.S. taxpayers. They were caught in a classic…
CIBC FirstCaribbean welcomes new associate director to retail team
Grand Cayman, CAYMAN ISLANDS 9 April 2014 – CIBC FirstCaribbean has announced the appointment of Joy Callender as the bank’s new Associate Director of Retail Banking. Fresh off her Turks and Caicos (TCI) team’s success as Branch of the Year…
Governments and newspapers need each other, says Barbados PM
By Sharon Austin From Caribbean News Now BRIDGETOWN, Barbados (BGIS) — Barbados Prime Minister Freundel Stuart has expressed the view that, for democracy’s sake, governments and newspapers need each other. Stuart proffered this opinion over the weekend while delivering an…
As fewer people overdraft, banks are raising overdraft fees
By Chris Morran From Consumerist If you’re still opted-in to overdraft “protection” — which protects you by slapping huge fees on every purchase you make beyond the available funds in your account — you should probably opt out, as the…
Why the future of health care can be found in the Cayman Islands
By Robert Pearl, Md From KevinMD.com The Cayman Islands are nestled in the Caribbean Sea some 430 miles south of Miami. The three-island cluster is known for its inviting coral-sand beaches, laid-back island culture and tax-free status. While it lures…
Cartoon of the Day
By Tony Zuvela, Cartoonist “It’s my own little World which I can escape to everyday and create a fun, weird, berserk Cartoon to whatever subject I like. I enjoy doing all the work myself, and all the aspects of Cartooning,…
Study tests theory that life originated at deep sea vents
From Phys.org One of the greatest mysteries facing humans is how life originated on Earth. Scientists have determined approximately when life began (roughly 3.8 billion years ago), but there is still intense debate about exactly how life began. One possibility…
GAIM Ops Cayman: Hedge funds increasingly launching hybrid PE vehicles
From COOConnect A growing number of hedge fund managers are launching hybrid vehicles more akin to private equity, according to panellists speaking at GAIM Ops Cayman. “Hedge fund managers are doing a lot of different things and one trend I…
Two ships return to Esquimalt from Caribbean mission
By Sarah Petrescu / Times Colonist Two Canadian Forces Base Esquimalt defence-class ships returned home Monday after an eight-week deployment in the Caribbean where one of the ships helped disrupt a shipment of 550 kilograms of cocaine. “Our main activity…
ICTA calls for inputs on the future of local television broadcasting
Cayman Islands Information Communication and Technology Authority (ICTA), the body responsible for regulating TV broadcasting, is seeking public input on redefining the future of local television. Only 4 weeks has been allowed for the public’s input with thoughts, comments, ideas,…