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Cayman SPCs can now form Portfolio Insurance Companies

Introduction On 16 January 2015 the Cayman Islands Government brought into force certain sections of Part 4A of the Insurance Law, 2010 and passed the Insurance (Portfolio Insurance Companies) Regulations, 2015, thereby allowing insurers formed as segregated portfolio companies (“SPCs”)…

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The Editor Speaks: I’m b-a-a-c-k!

It is good to be back at the helm of iNews Cayman. Many thanks to my colleague, Colleen, for keeping us up on line. And as for thanks, I must publicly thank the doctors, nurses and ancillary staff at the…

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DAP challenges 1MDB CEO to testify before PAC

From Astro Awani Kuala Lumpur: Newly minted 1Malaysia Development Berhad chief Arul Kanda Kandasamy has been challenged to explain the state investment fund’s financial controversies to the Public Accounts Committee. DAP national publicity secretary Tony Pua said, the move was…

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Auditor General releases position paper on independence and public reporting

The Auditor General, Alastair Swarbrick, made public [16th January 2015] a position paper on independence and public reporting. The position paper describes international development and practices that, if adopted, ensure national audit offices have the independence they require to effectively…

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Top investment opportunity for 2015 is Health City Cayman Islands

Investment Expert Lists Health City Cayman Islands Among Top Five Organizations to Follow GRAND CAYMAN, CAYMAN ISLANDS (January 15, 2015) – Global News Matters, which produces the fortnightly Market Dynamics Caribbean newsletter, has listed Health City Cayman Islands as one…

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Harvard Law faulted for handling of assault complaints

By Karen Sloan, From The National Law Journal Harvard Law School has entered into an agreement with the U.S. Department of Education to update its sexual assault and harassment policies after a four-year investigation concluded its handling of student complaints…

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Cayman Islands Central Tenders Committee awards contract for Airport expansion to Florida firm

Architectural and Engineering Consultants appointed to design expanded terminal Grand Cayman, Cayman Islands (13 January, 2015) The Cayman Islands Central Tenders Committee (CTC) has awarded the contract to provide Design and Construction Cost Consultancy Services for the expansion of the…

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Cayman Islands: Law & Equality in the Modern Day

Presented by the Truman Bodden Law School Student Society part of the “Legal Matters that Matter” Lecture Series Public Lecture Series: Legal Matters that Matter Venue: Grand Court Dates: Thursdays 15th, 22nd, and 29th January Time: 6 pm In January…

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Cayman Finance to host second annual New York event

Cayman Finance will host its second annual New York Breakfast Briefing on 21 January at the Harvard Club of New York City with an anticipated guest list including senior industry representatives from Cayman’s financial services firms and their New York…

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The Editor Speaks: Taking a break

IMAGE: mikemesserli.blogspot.com I shall be taking a small break over the next few weeks due to health reasons so this space will taken up by guest columnists who write a lot better than myself so you are in for a…