The Editor Speaks: “Driftwood”/Letter to Editor
The following are the lyrics of the song “Driftwood”. It was written by Justin Hayward and performed by the English rock band The Moody Blues whom Hayward was also a member in 1978. Driftwood Just like the driftwood of a…
New Years Honours for Cayman Islands Doctor
Her Majesty Queen Elizabeth II has recognized Dr Virginia Hobday (Clough) in the 2015 New Year’s Honours List. Virginia Hobday, MB. BS, MRCGP, DFFP, M. Phil Dr Hobday is named a Member of the Most Excellent Order of the British…
Split boards favoured as fund governance intensifies
The following article, featuring commentary from DMS Executive Director and Chief Compliance Officer Don W. Ebanks, appears in the 2014 Hedgeweek Cayman Islands Special Report. Cayman Islands Monetary Authority (CIMA) – the Islands’ financial regulator – released its Statement of…
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iNews Briefs
New Year’s Day triplets for Cayman family Caymanians, Mark and Sheena Thompson, have three additions to their family when triplets were born, Alexa, Jenna and Emma. The babies weighed in at only 3lbs. 12ozs, 3lbs. 7ozs, and 3lbs 2ozs, respectively…
80% of Cayman public/organisations do not want ownership register
The Cayman Islands Government today (December 30 2014) issued a report stating that it will continue its current method of providing beneficial ownership information to law enforcement, tax and regulatory authorities, as the method adheres to global standards. As explained…
Revised FATCA Guidance Notes Issued
Article by Christopher Capewell, Jon Fowler, Tim Frawley, Martin Livingston, Alasdair Robertson and Richard Grasby Maples and Calder The Cayman Islands Tax Information Authority (“Cayman TIA”) issued the second official version of the Cayman Islands FATCA Guidance Notes (the “Guidance…
Cayman Islands College observatory continues to reach for the stars
Since its opening in February 2012, the UCCI Observatory has been an active site on campus. Hundreds of school students, from pre-K to seniors, have toured the Observatory and been impressed with images taken through the various telescopes. A number…
CIMA issues two coins as part of the Royal Mint’s Commonwealth 25 Coin Collection
GRAND CAYMAN (Monday, 22 December 2014) Just in time for the Christmas season, the Cayman Islands Monetary Authority (CIMA) has unveiled two coins as part of the Royal Mint’s Commonwealth 25 Coin Collection, celebrating the life of Her Majesty Queen…
Cayman Islands Department of Labour and Pensions Assistant Director Retires
Assistant Director of the Department of Labour & Pensions (DLP) Robert Whittaker is set to retire on 31 December 2014, after 24 years in the Cayman Islands Civil Service. Mr. Whittaker, the longest serving employee at the DLP, has played…
DMS Bank & Trust Client Update
Article by DMS Offshore Investment Services New Developments For 2015 We have had an exciting and fulfilling year in which we upgraded our client portal to better serve your needs, and implemented new operational systems in keeping with changing regulations…
