iNews Briefs
21-Year-old hit and killed by NYC subway while using her iPad By Alyson Shontell From Business Insider On Saturday afternoon, 21-year-old Aracelis Ayuso was hit and killed by the 4 subway train in New York City’s Union Square station. Officials…
National Internship Programme celebrates first Intern
The National Workforce Development Agency’s Training and Development Unit launched its National Internship Programme earlier this year as they partnered with on island active investment fund manager, Prosperity Capital Management Ltd. Managing circa USD3.1billion and with its head office in…
The Editor Speaks: Is it just me that thinks government officials don’t use plain common sense?
There are numerous cases over the years that have made me ponder whether some senior civil servants lack common sense. This seemingly loss in their mental abilities has cost us, the public a lot of money and time from their insanity…
Cayman Islands – regulation of funds
By Ingrid Pierce, Daniel Wood, Denise Wong, Anne Forbes-Harper and Thomas Granger From Walkers Cayman Islands Introduction The Mutual Funds Law was introduced to the Cayman Islands on 26 July 1993 and has been consolidated and revised in the Mutual…
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This epic World Cup’s true legacy? Hopefully, not soccer
By Sam Laird From Mashable Analysis Take the brilliance of James Rodriguez, the impassioned fans from Chile, the heroic goalkeeping of Tim Howard, the — eh, never mind. We could go on, but it all leads to one thing: the…
[Cayman] Gems unit faces $200 million lawsuit from US developer
By Sananda Sahoo A New York property developer is suing a unit of Dubai’s Gems Education for allegedly breaching a tenancy contract in a US$1 billion deal to construct and lease its first school in the city. 93-94 Second Development…
Cayman Enterprise City continues to grow
Steady growth and expansion at CEC as it adds BritCay House to Zone Cayman Enterprise City (CEC) announced this week it has leased just over 12,000 square feet of vacant office space in BritCay House on Eastern Avenue, George Town…
Quotable Caribbean: Cayman Islands’ Shomari Scott, et al
By Patrick Washington Special to the Dallas Weekly “Health City Cayman Islands is the fruition of the vision of world renowned cardiac surgeon Dr. Devi Shetty who was Mother Teresa’s personal physician. Health City Cayman Islands is his gift to…
Venezuela’s airport ‘breathing’ tax/United cuts flights to Venezuela
Venezuela’s airport ‘breathing’ tax By Daniel Pardo From BBC Trending Passengers at Maiquetia International Airport “That will be $20 ‘breathing’ tax please” The biggest international airport in Venezuela is charging a fee for the right to inhale clean air –…
The European Alternative Investment Fund Managers Directive and Cayman Funds
Article by Derbhil O’Riordan Taken from Cayman Finance Last Updated: 14 July 2014 The Alternative Investment Fund Managers Directive, 2011/ 61/ EU (AIFMD), came into force on 22 July 2013, affecting the management and marketing of Alternative Investment Funds (AIFs)…
