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Labour: NZ the Cayman Islands of the South Pacific

By: Newstalk ZB Staff Labour claims New Zealand is becoming the Cayman Islands of the South Pacific. This following a TV segment last night showing the number of tax free foreign trusts based here for overseas billionaires has almost doubled…

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Fitch downgrades Corsair (Cayman Islands) No.4 Series 6’s Notes; Withdraws rating

(The following was released by the rating agency) HONG KONG/SINGAPORE, October 09 (Fitch) Fitch Ratings has downgraded and simultaneously withdrawn the rating on the notes of Corsair (Cayman Islands) No.4 Limited Series 6 due to tranche default. The transaction is…

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55% Still Think Obama Is The Likely Winner in November

Tuesday, October 09, 2012 Despite his stumbling debate performance, President Obama is still considered the favorite in the race for the White House. Fifty-five percent (55%) of Likely U.S. Voters believe that regardless of who they want to win, Obama…

Michael Ryan says he is the one who has been wronged

Please see Editor’s comments at the bottom Statement From Michael Ryan Regarding The Ritz-Carlton Grand Cayman Disputes (Posted on Offshore Alert). It is in no one’s interest to attempt to try legal disputes in the press. As a result I…

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JetBlue will give away Round Trip Tickets if your candidate loses

“I’d pick the Cayman Islands” Every election season I always hear people say if their candidate loses, they’d leave the country. Most say they’ll escape to Canada, or some European country. Personally, I’d pick the Cayman Islands, since Romney’s money…

Bush establishes Budget Delivery Committee

The Honorable McKeeva Bush, Premier and Minister of Finance is pleased to announce the establishment of a Budget Delivery Committee (BDC). The establishment of the BDC meets the commitment made to the Overseas Territories Minister by the Premier. The OT’s…

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Appleby bolsters Funds capability with two partner appointments

Appleby is pleased to announce that Ian Gobin and Deborah Poole have been appointed partners of Appleby within the Funds and Investment Services team.  Both Ian and Deborah join Appleby from Walkers. Ian joined Appleby on 1 October 2012 and…

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Charles Kirkconnell International Airport to get makeover

Charles Kirkconnell International Airport in the Cayman Islands will undergo renovation in late 2012 to accommodate nonstop outgoing international flights between Cayman Brac, the US and other destinations. Brac construction firm DSS Contractors has been chosen to carry out the…

Lord Blencathra Investigation Dismissed

Following our story in iNews Cayman on October 2nd under the title “Foreign Office approved peer’s role as tax haven lobbyist” from The Bureau of Investigative Journalism”, the Cayman Islands Government has issued the following release:  Sunday, 7 October 2012…

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FIBA AMLCA Certification starts Tuesday (9th October)

The Florida International Bankers Association (FIBA) Anti Money Laundering Certified Associate (AMLCA) Certification takes place Tue and Wed Oct 9 & 10 at 23 Lime Tree Bay Ave, Governor’s Square, Bldg4, Floor 2, Grand Cayman from 8:30 am – 5…