Cayman Islands: English Court approves payment for votes in favour of a financial reorganisation
APPLEBY Article by Jeremy Snead 15 November 2012 In the past ten years 105,290 companies have been registered in the Cayman Islands. However, in that same period, the total number of companies on the Cayman Islands Corporate Register has only…
IMF reforms not fast enough
The Jamaican Parliament’s Public Administration and Appropriations Committee (PAAC) has expressed its frustration at the slow pace of public sector transformation. Chair of the PAAC, Edmund Bartlett said neither the Cabinet Office nor the Public Sector Monitoring Unit (PSTU) could…
BP gets record US criminal fine over Deepwater disaster
BP has received the biggest criminal fine in US history as part of a $4.5bn (£2.8bn) settlement related to the fatal 2010 Deepwater Horizon disaster. Two BP workers have been indicted on manslaughter charges and an ex-manager charged with misleading…
Government Proposes a Modern Waste Management Centre: EIA confirms draft TOR
The proposal for a comprehensive Waste Management Facility (WMF) in Grand Cayman continues to move through the appropriate technical review process, confirmed Hon. Mark Scotland, Minister for Health, Environment, Youth, Sports and Culture. The waste management centre seeks to incorporate…
PNG investigator claims Australia ‘Cayman Islands’ of Pacific money-laundering
Pacific Scoop: Report – By Cassandra Mason Papua New Guinea’s new government has given the Task Force Sweep team the freedom to investigate, prosecute and charge anyone they believe to have benefitted from corruption and its proceeds. The plan is…
JetBlue makes inaugural flight from New York to Grand Cayman
Inaugural Flight landed Thursday, 15 November, 2012 Premier McKeeva Bush OBE, JP was on hand today along with other Ministers and dignitaries to welcome JetBlue Airways, which touched down today at Owen Roberts International Airport (ORIA), marking the first of…
PAL and CAL to wed?
San Miguel considers PAL-Cayman deal amid PH air safety rating issues BY LALA RIMANDO, Rappler.com MANILA, Philippines – What’s San Miguel Corp. to do if its newly acquired multi-million aircraft could not be deployed for the intended lucrative routes? The…
Butterfield Bank (Cayman) Limited Appoints Sophia Harris Chair of the Board of Directors
Hamilton, Bermuda and George Town, Grand Cayman: The Bank of N.T. Butterfield & Son Limited (“Butterfield”) today announced that Mrs. Sophia Harris has been appointed Chair of the Board of Directors of its wholly-owned subsidiary, Butterfield Bank (Cayman) Limited, effective…
PS changes reveal no lessons
A British think tank has warned that job cuts in the Public Service (PS) have resulted in fundamental changes in the way British PS worked, but because the changes were made almost entirely within individual Departments, little attempt has been…
Cayman Islands investment manager fired by Axiom
In a letter to investors of Axiom Legal Financing Fund from the Fund’s directors it announced the termination of investment manager Tangerine Investment Management. The Tangerine Investment Management’s website is currently down saying “This website is currently undergoing an update….
