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CDB and Scotiabank close unprecedented transaction for funding

In what is being described as an unprecedented success,  The Bank of Nova Scotia (Scotiabank) and the Caribbean Development Bank (CDB) announce the closure of a JPY12.5B/USD103 m Interest Rate Cross Currency Swap transaction. The transaction includes funding rates on…

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REFERENDUM 2012: It’s official.

The Cayman Islands Elections Office have issued the official final results of the Referendum 2012 which was issued on the 19th July, 2012.

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Rupert Murdoch resigns as News International director

Rupert Murdoch has resigned from a string of directorships controlling his News Corporation’s UK newspapers. Mr Murdoch, 81, quit directorships at NI Group Ltd, NewsCorp Investments and Times Newspaper Holdings on Friday. News Corp plans to split into two firms,…

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ANGUILLA TO GET CDB GRANT FOR ENVIRONMENTAL MANAGEMENT STUDY

Anguilla is looking to update its environmental and physical planning legislation to support the work required to address land use management, and to effectively address current environmental problems and emerging challenges such as climate change. It will get some assistance…

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CloudOn Brings Mobile Productivity to the World Stage

CloudOn Brings Mobile Productivity to the World Stage, Launching in 60 Additional Countries Across the Globe including Cayman Islands CloudOn, the mobile solution for creating, editing, saving and sharing Microsoft Office and Adobe documents, launches worldwide In response to enormous…

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Attorney General gives his blessing to “Save the Mortgage” programme

Despite the office of the Auditor General expressing concerns about the design and legality of the $2.05 million “Save the Mortgage” programme, the Attorney General’s Chambers gave its blessing to the programme in a legal opinion dated 31 May, 2012….

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First Steampunk cruise visiting Cayman Islands

According to Wikipedia “Steampunk” originated during the 1980s and early 1990s and incorporates elements of science fiction, fantasy, alternate history, horror, and speculative fiction. It involves a setting where steam power is widely used—whether in an alternate history such as…

9 Districts and an entirely different voting system proposed

It was with some amazement that I listened to Cayman’s Premier, Hon. McKeeva Bush speaking on Radio Cayman last Thursday (19) evening. Mr. Bush announced he would be setting up a bipartisan committee to examine the idea of creating eight…

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Cayman Islands Open to Homebuilt Flights

The Cayman Islands and Dominican Republic have opened their airspace to experimental-amateur built airplanes. The new policy is effective in time for AirVenture. Caribbean Flying Adventures, publishers of a pilot’s guide to flying in the islands, made the announcement. A…

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Trust and private client professionals set to reconvene

5 October 2012 for Mourant Ozannes’ major conference Due to the success of last year’s inaugural event, international law firm Mourant Ozannes is delighted to announce the date for its second International Trusts & Private Client Conference.  The conference will…