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Turks and Caicos Islands heads to the polls in bid to take back control from Britain

By Jacqueline Charles, Miami herald Three years after Britain suspended the government and took control of its territory in the Caribbean, Turks and Caicos prepares to take back control with general elections Friday (9). Three years after Britain suspended the…

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Rubis: 3q sales revenue: +24% – business volumes: +9%

November 8, 2012 Third quarter 2012 sales revenue came in at EUR702 million (+24%), taking the figure for the first nine months of the year to EUR2,067 million (+36%). As regards the increase in volumes, note that: For Rubis Energie,…

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Maitland Acquires Award-Winning Admiral Administration

SOURCE Maitland GEORGE TOWN, Cayman Islands and LONDON, November 8, 2012 /PRNewswire/ — Maitland, a global provider of fund administration, multi-jurisdictional legal, tax, fiduciary and investment advisory services, has acquired Admiral Administration. Admiral is an award-winning global hedge fund administrator…

FFR bill brought to LA not without more controversy

Finally the Framework for Fiscal Responsibility (FFR) was incorporated into the amended version of the Public Management and Finance Law (PMFL) to the Legislative Assembly (LA) on Wednesday (7) to incorporate the agreement. However, the regulations were not ready. The…

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Tim Schools suing OffshoreAlert for defamation

OffshoreAlert have announced on their website that attorney for Timothy Schools, David McIntosh, QC, is “…..suing OffshoreAlert for defamation”. A letter has been sent to the Editor of OffshoreAlert from McIntosh, on behalf of Timothy Schools regarding “untrue and defamatory”…

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Appleby Reports Offshore M&A Activity for Q3 2012

Offshore Is Only Mature Market to Experience Year-On-Year Growth despite Decline in Q3 activity Cayman Islands, 08 November 2012 – The offshore M&A market was one of the few world markets to have experienced growth in the cumulative value of…

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CDB and Bahamas sign Memorandum of Commitment

The Caribbean Development Bank (CDB) and the Government of the Commonwealth of The Bahamas have signed a Memorandum of Commitment.  The Memorandum was signed on October 29, 2012, during a recent visit to The Bahamas by CDB President, Dr. Warren…

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Emergency Communicators Train Immigration Staff

In the true spirit of inter-agency partnership, the Department of Public Safety Communications (DPSC) hosted the Immigration Department in a training session on October 23rd. Seven Immigration staff members (including five communication officers) engaged in a workshop covering Professionalism, Communications…

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The Grand Caymanian Resort announces plans to re-brand to Holiday Inn Resort

The Grand Caymanian Ltd., a Grand Cayman -owned hotel and resort Development Company has announced plans to convert The Grand Caymanian Resort (formerly Ramada) into Holiday Inn Resort Grand Cayman. The 117-room Grand Caymanian Resort is located at 278 Crighton…

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Ogier Cayman Wins Third Award of 2012 as Top Offshore Law Firm

Grand Cayman, Cayman Islands – Ogier Cayman announced today that US fund managers participating in the 2012 Hedge Funds Review Service Provider Rankings have ranked the firm top among competitors for a second straight year. The recognition also marks the…