‘I will have no mistress anymore. My wife will be happy’
By Eoin Burke-Kennedy From The Irish Times Taittinger CEO Pierre-Emmanuel on giving up his mistress in retirement and not listening to your kids Unlike his uncle Claude, who ran the Taittinger family business until he was 80, Pierre-Emmanuel will exit at…
US: Final rule on customer due diligence requirements issued
By Connie M Friesen, Joel D Feinberg & David E Teitelbaum Contributed by Sidley Austin LLP From International Law Office Introduction Background Beneficial owner requirements for legal entity customers Identification and verification requirements Use of beneficial ownership information Record keeping Reliance on another financial…
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Governments failed the OAS at its 46th Assembly
By Sir Ronald Sanders From Caribbean360 WASHINGTON, United States, Thursday June 16, 2016 – The 46th General Assembly of the Organisation of American States (OAS) was not a successful event. This judgement is in no way related to the government…
UK: Jo Cox’s tragic death may halt pro-Brexit momentum, analysts say
By Nyshka Chandran From CNBC The tragic death of pro-European Union (EU) politician Jo Cox has shocked the U.K. and could sway public opinion towards the safety of a unified economic bloc, analysts say. Cox was stabbed and shot on Thursday…
Prioritizing the Caribbean creative industry through THE CCIMU
Port-of-Spain, TRINIDAD, June 17, 2016. The process of cultivating a buoyant and sustainable cultural and creative economy within the Caribbean is a step closer with the development of a business plan to establish the Caribbean Creative Industries Management Unit (CCIMU)….
Cayman Islands man charged with 14 counts of fraud-related offences
From RCIPS: Fri, Jun 17, 2016 at 1:37 PM The man, age 37, of George Town, arrested on 6 May 2016 by FCU detectives, has been charged with fourteen counts of fraud-related offences, specifically, Theft (2 counts), Forgery (2 counts), False…
iNews Briefs & Community Events
HIV Testing Week June 20 – 25 2016 The C.I. Health Services Authority (H.S.A), the Cayman AIDS Foundation, and the C.I. Red Cross will once again join forces in coordinating activities to mark HIV Testing week, which will be observed…
The Cayman Islands “Lands” a surprise event at Dallas’ Grapevine Mills Mall
The Cayman Islands Department of Tourism and Cayman Airways partnered on a pop-up consumer event promoting summer flights with signature Caymanian food & drink and special giveaways Grand Cayman, Cayman Islands, June 16, 2016 – On Saturday, June 11, the…
Milken’s Former Manager raises $500 Million for new Credit Fund [offshore version in Cayman Islands]
By Miles Weiss From Bloomberg Carl Meyer formed Silver Rock Financial LP to manage new fund Milken said to contribute several hundred million in seed cash The former head of Michael Milken’s family office raised more than $500 million in less than…
St Vincent Prime Minister meets Cayman Islands Premier
GRAND CAYMAN, Cayman Islands – Prime Minister Ralph Gonsalves of St. Vincent and the Grenadines paid a courtesy visit to Cayman Islands Premier Hon. Alden McLaughlin Thursday, 16 June, 2016, at the Legislative Assembly. Mr. Gonsalves is in the Cayman…
