Deutsche Bank’s Swiss Unit to pay $31 million in tax case
By David Voreacos & Tiffany Kary From Bloomberg U.S. has reached non-prosecution deals with 57 Swiss banks Firms have paid a total of $570.4 million in tax accords Deutsche Bank AG’s Swiss unit agreed to pay $31 million to receive…
Bermuda among busiest jurisdictions for offshore Private Equity deals
From Offshore Bankers The number of M&A transactions involving Private Equity (PE) investment in Bermuda in the first three quarters of this year has already eclipsed that seen in all of 2014,according to a report released today by Appleby, one…
GFSC recognises use of technology in due diligence process
From Guernsey Financial Services Commission The Guernsey Financial Services Commission (GFSC) has issued annexes to its handbooks for Financial Services Businesses and Prescribed Businesses on Countering Financial Crime and Terrorist Financing on the use of technology in the customer due…
US Facility fights sanction for barring gay wedding
By Joel Stashenko, From New York Law Journal ALBANY – A couple who were fined by the state for refusing to rent out their banquet facilities for gay weddings is being asked to compromise their constitutional right to oppose same-sex…
Against the odds, Caribbean doubles down for 1.5 degree deal in Paris
By Zadie Neufville IPS From iCrowdNewswire KINGSTON, Jamaica, Nov 23 2015 (IPS) – Negotiators from the 15-member Caribbean Community (CARICOM) are intent on striking a deal to keep the global temperature rise at 1.5 degrees of pre-industrial levels, but many…
PETER WICKHAM: Well done, St Kitts!
By Peter W. Wickham, From Barbados Nation news “A person who is appointed Prime Minister under the Constitution shall, subject to subsection (2) of this section, hold office for a term of five years” and “A person shall not be…
Courtyard by Marriott New Kingston opening Tuesday
From Jamaica Observer The new Courtyard by Marriott New Kingston Jamaica hotel. AFTER two years under construction, the Courtyard by Marriott, Kingston Jamaica hotel will officially open on Tuesday. The 129-room hotel will increase the visitor accommodation count in the…
Grand Turk Development Enterprise announces the signing of an agreement to facilitate bringing new manufacturing opportunities to Grand Turk
Nov 17, 2014 – Grand Turk, TCI, BWI – Paul Day of Grand Turk Development Enterprise (GTDE) announced today that he has signed a Memorandum of Understanding (MoU) with Howard D. Nash of Creative Investment Holdings Ltd. to assist him…
Commonwealth of Nations elects first ever woman as head
From telesurtv The Commonwealth of Nations on Friday elected Baroness Patricia Scotland of Dominica to its top post of secretary-general. She becomes the first woman ever to hold the post, which includes representing Commonwealth policy that affects the 33 percent…
GraceKennedy Money Services Expands Into the Cayman Islands
From First Look Effective today, GraceKennedy Money Services (GKMS), a subsidiary of GraceKennedy Limited and authorized agent of Western Union, will be expanding operations into the Cayman Islands. In response to the official announcement, Cayman’s Minister of Financial Services and…
