UK: HMRC grows Affluent Unit in tax avoidance crackdown
By Sam Shaw From International Adviser A sharper focus on offshore banking activity and tax avoidance has seen HM Revenue & Customs grow its Affluent Unit by more than 50% in the past two years. In 2013 the unit had…
French company fined US$772 million to resolve Bahamas and other bribery charges
NEW HAVEN, USA (BERNAMA-NNN-CARIBBEAN NEWS)– Alstom SA, a French power and transportation company, was sentenced last November in US District Court in Connecticut to pay a US$772 million fine to resolve criminal charges related to a widespread corruption scheme involving…
Caribbean News iBusiness iCommunity iCrime iEntertainment iFinance iHealth iLocal News iTech iTravel iWorld News Manager's Choice News
Cayman Airways bans hoverboards from aircraft
Cayman Airways Limited (CAL) joins with many international airlines in announcing the banning of “hoverboards” on its aircraft. Effective immediately, the lithium battery powered self-balancing personal transportation devices, commonly referred to as hoverboards, are banned from being transported on all…
Caribbean News iBusiness iCommunity iCrime iFinance iLocal News iTech iWorld News News Publisher's Choice
US government fights Facebook on commercial speech
By Ross Todd, from The Recorder SAN FRANCISCO — Lawyers for the federal government have weighed in against Facebook in a privacy lawsuit where the company is raising a Constitutional challenge to the Telephone Consumer Protection Act. The TCPA allows…
Caribbean News iBusiness iCommunity iCulture iEnvironment iFinance iLocal News iTravel iWorld News Manager's Choice News
Caribbean Tourism Board issues statement on Paris Climate Change Agreement
The Caribbean region is experiencing the impact of the ravaging effects of climate change. Sea level rise, frequent and intense natural hazards; extended dry seasons resulting in water scarcity, loss of livelihoods and the disappearance of some of our islands…
Greek prosecutors investigating tax evaders raid UBS office
From CNBC ATHENS, Dec 15 (Reuters) – Greek financial prosecutors have raided a UBS office in Athens seizing records as part of an investigation into possible tax evasion by holders of large bank deposits abroad, court officials said on Tuesday….
Cayman Islands Perspective on Shareholder Activism
By Martin Lane, Partner, Cayman Islands From Conyers Dill & Pearman An activist shareholder will typically identify an under-performing company or a company with other potential for increased shareholder value and then seek to bring about change, typically operational or…
UK High Court issues worldwide freezing order [to help Cayman Islands GC]
By Charlotte Ducker & Geraldine Elliott From International Law Office Introduction The High Court has granted three insolvent Cayman companies (each in liquidation) a worldwide freezing order in support of proceedings against Mr Terrill, an individual who operated behind the…
Cayman Islands government names new Deputy Director at Needs
Hylton named NAU Deputy Director The Ministry of Community Affairs, Youth and Sports is pleased to announce the promotion of Matthew Hylton to the position of Deputy Director at the Needs Assessment Unit (NAU). Following a series of assessments recruiters…
Cayman Islands: Counterclaim filed by Sharon Lexa Lamb
See iNews Cayman story published November 19 2015 “Statement of Claim filed against Dundee Bank and Sharon Lexa Lamb” at: http://www.ieyenews.com/wordpress/cayman-islands-statement-of-claim-filed-against-dundee-bank-and-sharon-lexa-lamb/ IN THE GRAND COURT OF THE CAYMAN ISLANDS Cause No 202 of 2015 BETWEEN (1) LAWRENCE BEVERLEY HEATH (2)…
