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Day: May 28, 2017

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Cayman Islands election result could see unpopular elements of Cayman pension reforms law tweaked

By Helen Burggraf From International Investment Recent reforms by the Cayman Islands government to its pensions laws, which had been defended on grounds that they would bring the country’s pensions regime in line with pension regulations in the rest of…

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Observer group gives Cayman Islands high marks for fairness at polls

From Jamaica Observer GEORGE TOWN, Cayman Islands (CMC) – The Commonwealth Observer team that monitored the recent general election says the country “amply met the international standard” for democratic and transparent elections.The group led by Steve Rodan, president of Tynwald…

The Long Black Train

Wayne is philosophical, sad, disappointed but not angry By Colin Wilson I met with Wayne Panton, former Minister of Financial Services, who did such an excellent job in the four years he was in that position. Our reputation abroad soared…

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Who doesn’t know the Cayman Islands is a great place to hide money? The Cayman Islands

From Transparency International When the topic of money laundering comes up, authorities of tax havens tend to protestinnocence while committing to ‘upholding the highest international standards’. These paper commitments are generally worth little unless they are put into practice. Take…

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Record attendance at Cayman Islands Lions sprint swim meet

All four clubs and the Special Olympic athletes competed at the Lions Pool for their annual sprint swim meet with a record attendance of 179 athletes.  Stingray Swim Club, Camana Bay Aquatic Club, Seven Mile Swimmers, Brac Barracudas and Special…

Caribbean Utilities Company, Ltd.

Caribbean Utilities Company, Ltd. announces closing of US$20 million second tranche of aggregate US$60 million private placement of senior unsecured notes ______________________________________________________________________________ CARIBBEAN UTILITIES COMPANY, LTD. CLASS A ORDINARY SHARES ARE LISTED FOR TRADING IN UNITED STATES FUNDS ON THE…

Letter to the Editor

What about the forgotten ex-pats? I am sure many of the ex pat voters are truly p***ed off. Without the financial guys who gambled their lives in coming here with nothing the island would have been nothing. The same people…

SIR RONALD SANDERS: Competition for benefits of second citizenship is global

By Sir Ronald Sanders From CARIBBEAN360 BRIDGETOWN, Barbados, Friday May 26, 2017 – Citizenship by Investment Programmes (CIPs) in the Caribbean have been the subject of much criticism, even though the financial and economic benefits of the programmes are undeniable….

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Belmond acquires iconic Caribbean resort – Cap Juluca, Anguilla

From Heavens Portfolio Belmond today announces that it has signed agreements to acquire Cap Juluca, a luxury beach resort on the Caribbean island of Anguilla, British West Indies. The addition of the elegant, 96-room resort marks an important milestone in…

New ILO report shows that 4.2% of CEOs are female in LAC but still room for progress at the top

LIMA (ILO News) – Women in Latin America and the Caribbean, where only 4.2 per cent of CEOs are female, have still made substantial progress in taking business and management positions and are increasingly driving economic growth, a new ILO…