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Month: April 2016

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Cayman Islands distances self from ‘Panama Papers’ Scandal

From Jamaica Gleaner The Cayman Islands is the latest Caribbean country to distance itself from the ‘Panama Papers’ scandal, which alleges that a number of world leaders and other prominent persons used a law firm in Panama to develop off-shore…

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Mossack Fonseca & Ashcroft

From Amandala Newspaper BELIZE CITY–In what is being described as an almost certain fatal blow to offshore banking, international media broke the story on Sunday, April 3, of a colossal leak of confidential documents from a highly secretive and private…

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Worldview offloads one third of Petroceltic’s debt to Cayman Islands fund

By Charlie Taylor, Mark Paul From The Irish Times Debt holders will jockey for position at examinership hearing on Friday Worldview Capital, the dissident shareholder seeking to gain control of troubled oil and gas explorer Petroceltic International, has sold more than…

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Dates and matchups set for 2015-16 Scotiabank CONCACAF Champions League Finals

Tigres UANL and Club America advance to final, to be played over two legs April 20 & 27 Miami (Wednesday, April 6, 2016) – The Confederation of North, Central America and Caribbean Association Football (CONCACAF) confirmed this morning the schedule…

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Cayman Islands is NOT a secrecy jurisdiction

In the wake of the “Panama Papers” disclosure and global attention on International Financial Centres, Mr Jude Scott, Cayman Finance CEO, said that even though the media coverage makes no mention of the Cayman Islands, the need for a clear…

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Jamaican Suing Barbados Government to Take Matter to Caribbean Court of Justice

By Monique Pryce From IRIE A Jamaican man who is suing the Barbadian Government for Unlawful Imprisonment over 5 years ago, has indicated that he will take the matter to the Caribbean Court of Justice, CCJ. This after he was…

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Wyoming and Nevada: America’s Cayman Islands

From The Recorder BUFFALO, Wyo. — The U.S. government has publicly and privately pressured countries that act as offshore havens for hiding money, while this barren, sparsely populated state offers the same secrecy. The Cowboy State isn’t as notorious as…

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Caribbean moves to strengthen management of radioactive sources

From CARIBFLAME The Caribbean is moving to improve the regulatory framework for the management of radioactive sources used in medicine, industry, agriculture and for other beneficial purposes. Through support from the International Atomic Energy Agency (IAEA), the region has designed…

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MHCapital Exec leads $15M refinancing for Caribbean resort

By Samantha Joseph, From Daily Business Review A West Palm Beach executive helped extend a capital markets-based real estate lender’s international reach with a $15.2 million loan to a hotel operator in the U.S. Virgin Islands. Don Stevens, who leads…

Appeal launched for greater focus on the arts In Caribbean’s institutions of higher learning

From PRIDE BRIDGETOWN, Barbados, Apr. 5, (CMC) – Tertiary level educators across the Caribbean have launched an appeal for greater focus on developing Arts programs at the region’s institutions of higher learning. They made the call at the opening of…