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Month: April 2016

Cayman Islands’ accountants get an upgrade

The Cayman Islands Society of Professional Accountants (CISPA) announced this week it will change its name to the Cayman Islands Institute of Professional Accountants (CIIPA), to more accurately illustrate the organisation’s critical role in Cayman as a regulator of Cayman’s…

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CUC Celebrates 50th Anniversary and opens the Market at the Toronto Stock Exchange

CARIBBEAN UTILITIES COMPANY, LTD. CLASS A ORDINARY SHARES ARE LISTED FOR TRADING IN UNITED STATES FUNDS ON THE TORONTO STOCK EXCHANGE. Grand Cayman, Cayman Islands – President and CEO of Caribbean Utilities Company, Ltd. (“CUC” or “the Company”) Mr. Richard…

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Cayman Islands Cabinet gives green light for Office Of Ombudsman

Cabinet has agreed to the outline business case for the establishment of an Ombudsman’s Office. This gives a green light for work to begin to combine the Office of the Complaints Commissioner and the Information Commissioner’s Office to form the…

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Singapore’s NRA Capital emerges as valuer of 1MDB’s Cayman investments

By Anita Gabriel From The Business Times Singapore – Singapore’s boutique finance house NRA Capital was roped in to value 1Malaysia Development Berhad’s US$2.318 billion (S$3.15 billion) controversial Cayman Islands investment by fund manager Bridge Capital Partners. This was disclosed…

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Cayman Islands FATCA/CRS Compliance Deadlines (2016)

By The Foley Adviser From FoleyHoag Cayman Islands investment entities are currently subject to three separate regimes relating to financial account information reporting: U.S. FATCA, U.K. FATCA and the OECD Common Reporting Standard (CRS). Although these regimes are similar, each…

Caymanian Hannah Foreman promoted to Recruitment Administrator at Stepping Stones

SteppingStones, a professional Employment, Recruitment and Training Agency based in the Cayman Islands, is pleased to announce the promotion of Caymanian employee Hannah Foreman to Recruitment Administrator. Hannah moved to Cayman as a young child in 1996, relocating from the…

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Stakeholders set path for establishment of regional creative industries body

April 13, 2016, Kingston, JAMAICA – The Caribbean is renowned worldwide for its creative culture, including music, folklore, crafts, festivals and carnivals. Despite making some progress in developing the cultural and creative sectors, the Region has lagged in translating its…

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CDC concludes Zika causes microcephaly and other birth defects

From CDC Scientists at the Centers for Disease Control and Prevention (CDC) have concluded, after careful review of existing evidence, that Zika virus is a cause of microcephaly and other severe fetal brain defects. In the report published in the…

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FIFA: A World Cup of FRAUD

From Sportsmanagementdegreehub.com A look at FIFA’s ongoing corruption problem Everything FIFA sized is big [#estimated global fans per sport][7] Soccer — 3.5 billion Cricket — 2.5 billion Field Hockey — 2 billion Tennis — 1 billion Volleyball — 900 million Table…

Recipe of the week

Bacon-Wrapped Potato Bites with Spicy Sour Cream Dipping Sauce PARTY RECIPES FROM THE KITCHN Okay, we’re not going to win any awards for thinking up this combination, but hey — these potato bites are easy, delicious, and perfect for a…