Ogier confident that Cayman Islands will be granted funds “passport” by ESMA
Ogier confident that Cayman will be granted funds “passport” by ESMA The decision by the European Securities and Markets Authority (ESMA) to hold off ruling on a ‘passport’ to market alternative investments into the EU until ongoing legal reforms have…
Trina Solar to be taken private in $1.1 Bln deal
(RTTNews.com) – Trina Solar Limited ( TSL ) said that it has entered into a definitive agreement and plan of merger with Fortune Solar Holdings Limited or “Parent” and Red Viburnum Company Limited , a wholly owned subsidiary of Parent,…
The Editor Speaks: Permanent Residency holdup will kill our market real estate
The astonishing revelation the David Ritch review of the Cayman Islands Immigration Law will not be published left me wondering if the present government actually wants to get re-elected. In Premier McLaughlin’s view the advice “is subject to legal professional…
Canada: CRA convicts a fraction of offshore tax evaders
By MARCO CHOWN OVED Foreign Affairs Reporter From The Star Documents obtained by the Star show Canada is lagging far behind other countries in convicting tax cheats who exploit offshore tax havens. As worldwide pressure grows to fight offshore tax…
Brexit and brakes
By Ashley Kindergan From The Financialist And so it begins. Even before the Brexit vote, corporate profits in the U.K. were already under pressure from a combination of sluggish global growth and rising wages. But now, several weeks after referendum,…
Russia expels gay American pastor, an epidemic of anti-LGBT violence in Brazil, and more in the global LGBT recap [inc Cayman Islands]
Alturi profiles human rights activist Neela Ghoshal, senior researcher for the LGBT rights program at Human Rights Watch. Human Rights Watch called on US President Barack Obama to address anti-LGBT discrimination along with laws curtailing free speech and peaceful assembly…
Homegrown Zika raises more questions about the evolving risk
By The Associated Press From Caribbean Business WASHINGTON – Homegrown mosquitoes apparently have infected four people in the Miami area with Zika and now it’s up to tried-and-true public health measures to stamp out the birth defect-causing virus before it…
Sanders: Donald Trump – the lie of ‘truthful hyperbole’
By Sir Ronald Sanders For anyone following the US Presidential campaigns, it has been a volatile voyage with great uncertainty about whether Donald Trump or Hillary Clinton will eventually emerge triumphant. We still aren’t into the season of direct debates…
AIFMD Passport Extension: Hurry up and wait
By Sean M. Tuffy August 1, 2016 Articles What does the recent ESMA decision on the AIFMD Passport extension mean for non-EU hedge fund managers? Since ESMA recommended extending the AIFMD passport to Switzerland, Jersey, and Guernsey last year, the…
St. Lucia hopes to lure Chinese tourists with $2.6 billion Pearl of the Caribbean development
By Robert Kieckhefer, From UPI St. Lucia’s government has signed an agreement to build the island’s first internationally targeted, integrated development — a project worth $2.6 billion designed to attract Chinese tourists and investment. The Pearl of the Caribbean will…