Bermuda funds on fast track as cost creep clouds Cayman
From IFC Review Bermuda’s new low-cost, fast track regime for hedge funds is gaining traction, while frustration builds over the growing cost and regulation associated with a Cayman launch, reports Cayman News Service. Although the numbers involved are quite modest,…
Cayman Islands General Registry adds staff; Undergoes UK training for intellectual property
To enhance Cayman’s Intellectual Property (IP) modernisation, General Registry has hired an expert – Mrs Candace Westby – in patents and trade marks. Furthermore, Mrs Westby and General Registry’s Deputy Registrar Donnell Dixon, recently returned from the UK, having accepted…
iNews Briefs & Community Events (From BIG FISH 95.5)
J. Safra Sarasin to buy Credit Suisse units in Monaco, Gibraltar ZURICH From Reuters Swiss private banking group J. Safra Sarasin said it had agreed to acquire Credit Suisse (CSGN.S) businesses in Monaco and Gibraltar, which it called excellent strategic…
The Editor Speaks: 5 years and over – OUT!
The huge backlog of cases in our legal system that have been sitting there for 5 years and over are doing nothing but clogging up the system. What should be done about it? What can be done about it? Nearly…
Taste of Cayman gives back to the Cayman Islands Crisis Centre
Taste of Cayman is the Cayman Islands Tourism Association’s [CITA] largest annual fundraiser; however CITA, a not-for-profit, finds a way to share the proceeds by giving back to other charities. This year CITA chose the Cayman Islands Crisis Center [CICC]…
Cayman Islands: Zika Virus Update-Monday 21st March, 2016 – No confirmed cases locally
From Cayman Islands Public Health Department Acting Medical Officer of Health, Dr Samuel Williams-Rodriguez has provided an update on the current status of the Zika virus outbreak in the Caribbean region and the Americas. The update follows confirmation on Friday…
Ogier acts as Cayman Counsel in Asian deal of the Year
Indonesia’s national airline sukuk, a transaction on which Ogier acted as Cayman Islands Counsel, has won Debt & Equity-linked Deal of the Year at the IFLR Asia Awards 2016. Anthony Oakes, a partner in Ogier’s Hong Kong office, led the…
Water drives job creation and economic growth, says new UN report
An estimated three out of four jobs that make up the global workforce are either heavily or moderately dependent on water. This means that water shortages and problems of access to water and sanitation could limit economic growth and job…
Supreme Court to Review Apple-Samsung Patent Damages
By Scott Graham, From The Recorder For the first time in 130 years, the U.S. Supreme Court is going to weigh in on design patent damages. The timing couldn’t be worse for Apple Inc. The high court agreed Monday to…
Cayman Alternative Investment Summit 2016 – The Conclusion
From hedgeweek The overall sentiment within the room at CAIS 2016 was one of optimism. This is perhaps the most exciting period the alternatives fund industry has known and as assets continue to flow into the industry, there is no…