Cayman Islands listed as “a recognised jurisdiction” on Hong Kong Stock Exchange (HKEx)
Delaware companies now have a roadmap to apply for a listing on the Hong Kong Stock Exchange. In February 2012, the Hong Kong Stock Exchange (HKEx) issued Listing Decision HKEx-LD24-2012, which permits companies incorporated in Delaware to list on HKEx…
Mayan “end of the world cruise” visiting Cayman Islands
After fielding yet another media call about whether the world will end on Dec. 21 of this year, Douglas Duncan, director of the University of Colorado’s Fiske Planetarium, and one of his astro-colleagues hatched a plan. “When the world doesn’t…
Wikileaks founder mentions Cayman Islands bank that tried to sue him in Australian rally for Julian Assange
Speech by Daniel Mathews Six years ago my friend Julian Assange started telling me about his idea for an organisation. I thought it was a pretty good idea. As we understood it, the way information circulates in our society, and…
Use the words “Cayman Islands” in your email, web, Facebook, twitter, etc. communications invites US Feds
In an innocuous article on billsgler.blogspot.com concerning poets and how to get their works more widely read it makes the claim that if you use “Cayman Islands” in your email, web, Facebook, twitter, etc. communications it invites a looksee by…
Brazil says no exchange of information agreement exists with Cayman Islands: calls to put an end to tax havens
Brazilian society and parliament press for concrete measures to put an end to tax havens. One of the reasons for checking on tax havens is the reality of tax evasion, which generates losses to the society. “Brazil and other developing…
Amp’s plan to sell electric Mercedes-Benz in Cayman Islands runs into roadblocks
In March, Amp Electric Vehicles announced it had signed a memorandum of understanding with U-Go Stations Cayman to bring its converted all-electric Mercedes-Benz ML to the Caribbean islands. Turns out, the gas-less powertrain is causing some bureaucratic headaches. In order…
If you receive this IGNORE
We received this in our info iNews Cayman mail box and there has been other similar ones doing the rounds. You respond at your own peril. Ignore and trash it otherwise you will be in a whole heap of trouble….
Bermuda’s fund numbers fall behind the Cayman Islands
Much of the alternative fund administration industry has been located in offshore financial centres since the 1990s, when the so-called ‘10 commandments’ obliged funds to carry out various functions outside the United States to avoid tax complications. While the position…
Cayman Islands Governor welcomes Junior Achievement sponsors
Governor Duncan Taylor welcomed Junior Achievement sponsors and ambassadors to his home for an awards reception. Junior Achievement recognised 8 Corporate Ambassadors, 12 Company Programme sponsors and 10 other company sponsors together with numerous volunteers who had devoted many hours…
New York District Reaffirms Extraterritorial Effect of the Automatic Stay in Cayman Islands case involving Bernard L. Madoff
On May 4, 2012, Judge J. Paul Oetken of the United States District Court of the Southern District of New York held that the Bankruptcy Court has the injunctive power to enforce the automatic stay against entities falling within the…
