Another Fund in trouble
Antioch Fund Ltd. is in breach of failing to submit audited accounts for EIGHT years and not paying its annual registration fee to the Cayman Islands Government from 2007-2012. The company does not have a registered office in the Cayman…
Guernsey Remains Leading Specialist Financial Centre [in Europe]
by Jason Gorringe, Tax-News.com, London 11 October 2012 Guernsey has been placed first in Europe and second globally [Cayman Islands is first] in the latest rankings of specialist finance centres published annually by trade title, The Banker. Guernsey maintains its…
Stamp duty on property increases and insurance premiums to jump
The Stamp Duty (Amendment) Bill, 2012, if approved by lawmakers, will standardise the rate of stamp duty paid for the transfer [sale] of property to 7.5 per cent for everyone, no matter where they buy the land or building structures…
CISPA Annual Gala accounts itself well at gala
Cayman Islands Society of Professional Accountants (CISPA) hosted their 2012 Annual Gala Dinner at the Ritz-Carlton in the Grand Cayman Ballroom. 15 Newly qualified Caymanian Accountants received awards for their achievements comprising certified Professional Accountant (CPA) or attaining their bachelors…
Establishing Roots for STEM
By: Bradley Kovach, STEM Carib 2012 Steering Committee With STEM Carib 2012 Conference being just a few days away, I realized that many people may not be familiar with this acronym. STEM (Science, Technology Engineering, Mathematics) is a term that…
AM Best affirms Greenlight’s A rating
From Royal gazette Ratings firm AM Best has affirmed the financial strength rating of A (excellent) and issuer credit rating of “a” of Cayman-based, hedge fund-backed Greenlight Reinsurance, Ltd. Concurrently, the company has affirmed the ICR of “bbb” of Greenlight…
Future of Cayman Forum announced
Public and Private Sectors Weigh In On Cayman’s Future At a press conference on October 10th, Deputy Governor Franz Manderson was joined by Chamber of Commerce President David Kirkaldy and Chief Executive Officer Wil Pineau, alongside Future of Cayman Steering…
Cayman Islands Stock Exchange : O2 MICRO INTERNATIONAL LIMITED
Cayman Islands Stock Exchange : O2 MICRO INTERNATIONAL LIMITED Announces Third Quarter 2012 Results on October 31, 2012 10/09/2012| 06:51pm US/Eastern GEORGE TOWN, Grand Cayman, Oct. 9, 2012 (GLOBE NEWSWIRE) — O2Micro(R) International Limited, ( OIIM), a global leader in…
Cayman’s Chief Justice to rule in boat owner’s dispute with Ryan
Cayman’s local boat captains, who have defied Cayman’s “much maligned” developer Michael Ryan’s notice ‘to vacate my land now’ have to wait now for a ruling from Cayman’s top judge, Hon Anthony Smellie. The Port Authority had also posted notices…
Financial Statement Knowledge Skillfully Imparted
On October 4 and 5, ten participants benefited from the skills imparted by Chamber instructor, Terry Carson, in the course “Understanding Financial Statements”. Over the course of two-days, participants gained an understanding of financial statements in an easy to follow…
