Cayman Islands is finalising an agreement with the UK on information sharing
As an outcome of a visit to Cayman in February by senior UK officials, the Cayman Islands Government is finalising with the UK an Exchange of Notes that outlines the joint commitment of the UK and Cayman to the sharing…
Puerto Rico lawmakers vote to stop loan repayments
AFP From Yahoo News San Juan (AFP) – Puerto Rico’s lawmakers approved early Wednesday a moratorium on servicing the US commonwealth’s crushing $70 billion debt. Governor Alejandro Garcia Padilla backs the bill to stop the loan payments as what he…
Dream Caribbean cruise turns “nightmare” as Brit ends up on IV drip ‘needing eye surgery’
By Ben Hurst From Daily Mirror UK Susan Clews claims to have developed sore eyes, migraines and difficulty breathing while on board the Thomson Dream cruise liner – she’s now taking legal action A holidaymaker embarked on a dream Caribbean…
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…
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…
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…
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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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…
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…
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…
