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Month: June 2020

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Cayman Islands Monetary Authority lists Fraudulent Websites

Websites with Cayman Addresses Not Registered nor Licensed in the Cayman Islands as of 26 May 2020 The Cayman Islands Monetary Authority has become aware of the following entities with the following websites that have given their contact addresses as…

Cayman Islands revokes Hinduja Bank’s licence

The Cayman Islands Monetary Authority on a letter dated 27th May 2020 has revoked the banking licence of Hinduja Bank & Trust (Cayman) Ltd. See below:

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Delisting Chinese companies plays straight into their hands

By Jesse Fried From Financial Times Controlling shareholders and Beijing are likely to exploit a ban to further their objectives Last month, the US Senate unanimously passed a bill aimed at improving the reliability of financial statements by China-based companies trading in…

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Children of former Azerbaijani security chief acquired luxury UK properties – – The Guardian

By Siranush Ghazanchyan From Public Radio of Armenia A string of luxury properties, including a £17m home near Harrods, were acquired by the children of Azerbaijan’s former security chief, an investigation has revealed, The Guardian reports. Eldar Mahmudov was dismissed as national security…

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World Bank streng​thens Grenada’s COVID-19 response with US$2.5 million

WASHINGTON, June 1, 2020 — Grenada will strengthen its response to the COVID-19 pandemic with US$2.5 million from the World Bank. The funds will be used to increase testing capacity, equip health facilities, strengthen isolation capacity, and bolster surveillance activities. “We are…

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Scientists challenge study that showed Hydroxychloroquine didn’t work

By Eric Mack From Newsmax A scientific paper that trashed the efficacy of hydroxychloroquine is under scrutiny by more than 100 scientists. Among the questions asked in a letter to The Lancet were the source of the data, the anonymity…

1 Jun Weather in Cayman & Tropical Report

1 Jun Mon 2020 TROPICAL REPORT ATLANTIC Tropical Weather Outlook Atlantic – Caribbean Sea – Gulf of Mexico Tropical Weather Outlook (en Español*) 800 AM EDT Mon Jun 1 2020 Eastern North Pacific (East of 140°W) Tropical Weather Outlook 500 AM PDT Mon Jun…