Expiration of Residency/Employment Certificates
The public is advised that the Residency and Employment Rights Certificates (RERC) issued to spouses of Caymanians in April 2005 have now expired – or will soon expire. Department of Immigration officials remind holders that ALL rights and privileges granted…
MRCU aircraft facility on track
The Mosquito Research Control Unit’s multi-purpose facility is on track and is to be completed sometime before the end of the year. The MRCU’s aircraft facility includes a 12, 402-square foot hangar, a 2,787- square foot custom-built pesticide store…
Stacy-Ann Kelly’s Code 876
SHE has achieved her dreams of becoming a professional model, entering Miss World and Miss Universe, being a public relations executive and becoming an attorney, but former Miss Cayman Islands Stacy-Ann Kelly is not yet satisfied, and has embarked on…
Hedge Funds article in NY Times showcases Cayman’s hedge funds business
Last Sunday (1), under the heading “In Caymans, It’s Simple to Fill a Hedge Fund Board”, an article appeared online at dealbook.nytimes.com saying how over the last decade in the Cayman Islands hedge funds have grown “from a cottage industry…
CCRIF Retains Sagicor as its Insurance Manager
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) is pleased to announce the retention of Sagicor Insurance Managers Ltd. (Sagicor) as insurance manager for the Facility for the next three years, commencing June 1, 2012. CCRIF was launched in June 2007…
The Chinese Want to Replicate Guernsey’s Funds Sector
The Chinese government is so impressed by the way British island Guernsey regulates its hedge funds that it plans to replicate that system for its own funds sector. Investment Europe reported that the Shanghai Municipal Services Office has enlisted Guernsey-based…
SEC Suspends China Medical ADR Trade on Info Accuracy
Trading of China Medical Technologies Inc. (CMEDY) (CMEDY)’s American depositary receipts was suspended by the U.S. Securities and Exchange Commission, which cited questions on the accuracy of the company’s information. The regulator ordered a temporary suspension in the Beijing-based medical…
Economic Prediction For TCI Period June To 31st March 2013
None of the British Overseas Territories in the Caribbean (Anguilla, Bermuda, British Virgin Islands, Cayman Islands or Montserrat) have Value Added Tax (VAT), so why is Turks and Caicos Islands (TCI) being unilaterally singled out for VAT? Cayman Islands (much…
“Obama: take a look at Delaware,” says Cayman Islands
Nothing about 1209 North Orange Street hints at the secrets inside. It’s a humdrum office building, a low-slung affair with a faded awning and a view of a parking garage. Hardly worth a second glance. If a first one. But…
Cayman Islands flag flies at Eland House
Communities Secretary Eric Pickles raised the flag of the Cayman Islands today outside the Department for Communities and Local Government in Whitehall, London, to mark the national day of the Islands, the first Monday of July, and as part of…
