[Cayman] Liquidators hunt for alleged Centaur Litigation Ponzi scheme boss Scott Williams
By Ben Butler From The Age The Australian man alleged to be behind globe-spanning Ponzi scheme Centaur Litigation has disappeared in south-east Asia. Liquidators appointed by a court in tax haven the Cayman Islands say they cannot find Scott…
American Capital Ltd. builds on its best business
By Jordan Wathen | From The Motley Fool NOTE: Click on attachments to enlarge The oddball BDC, American Capital (NASDAQ: ACAS ), is getting some respect for what it does well: investing in collateralized loan obligations. The company calls this…
Limit on contracts for inverted companies wins in house [Cayman named]
By Derek Wallbank and Richard Rubin From Bloomberg The U.S. House of Representatives voted today to prevent companies that moved from the U.S. to Bermuda or the Cayman Islands from winning some federal contracts. The 221-200 tally, with 34 Republicans…
Why join the Commonwealth?
By Sir Ronald Sanders From Caribbean360 BRIDGETOWN, Barbados, Friday July 11, 2014 – The Institute of Commonwealth Studies at London University held a colloquium on Thursday July 10 on the subject of “Why join the Commonwealth?”. I was invited to…
Caribbean looks to new insurance to cushion blow of natural disasters
From Anastasia Moloney From Thomson Reuters Foundation BOGOTA (Thomson Reuters Foundation) – Natural disaster-prone Caribbean countries can soften the economic impact of earthquakes and hurricanes with new disaster insurance coverage in the form of a catastrophe bond, according to the…
RBC Children’s Cancer Fund gets new Administrator
Port-of-Spain, Trinidad, Friday July 11, 2014: RBC continues its fight against pediatric cancer in the Caribbean through a new partnership with The Trinidad and Tobago Cancer Society (TTCS). The bank signed a Memorandum of Understanding with the non-profit organization on…
Cayman’s ICO overturns Governor’s office decision to withhold “Tempura” records – Full report
Acting Information Commissioner, Jan Liebaers, in a written decision on 10th July has “overturn the decision of the Governor’s Office to withhold the requested records by virtue of section 20(1)(d)of the Freedom of Information Law 2007. From ICO Hearing Decision FINDINGS…
Scientists may have found the brain’s on/off switch
By Tracy Staedter for Discovery News From Mashable When I was a child about nine years old or so, I embarked on a mission to discover the barrier between waking and sleeping. I believed that if I concentrated each night…
Dame Marguerite sworn in as 10th Governor-General of The Bahamas
From Bahama islands info NASSAU, The Bahamas – Dame Marguerite Pindling was sworn in as the tenth Governor-General of the Commonwealth of The Bahamas during a special ceremony at Government House, Mount Fitzwilliam Tuesday, July 8. She is the ninth…
Kids in Lifeguard Swim Training
A group of 25 young people are enjoying fun in the sun this summer, as the first to attend Junior Lifeguard Training in the Cayman Islands. The youths, from 10-15-years of age, are participants in this week’s camp at the…