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Cayman Islands Premier’s statement relating to FIFA arrests, developments

GRAND CAYMAN, Cayman Islands – Following the news from Zurich last Wednesday, the 27th of May, 2015, of the arrest of a number of FIFA officials, including Caymanian Jeffrey Webb, the Government has been carefully monitoring developments. This was sad…

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Cayman Islands Fidelity Bank statement on transactions involving Jeffery Webb

Fidelity Committed to Process Following the recent news reports surrounding the indictment of Jeffrey Webb and others from FIFA, Fidelity Bank (Cayman) Limited (Fidelity), a subsidiary of Fidelity Bank & Trust International Limited, wishes to inform the public that with…

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Cayman Islands Community Events THU JUNE 4 Dart Realty Presentation The Chief Operating Officer of Dart Realty will be hosting a public presentation on the Dart group of companies’ upcoming real estate development plans on Thursday (4 Jun) at 5:30…

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Cayman Islands: Weavering Litigation – Cayman Hedge Fund Directors’ Duties and Indemnity/Exculpation Clauses back in the spotlight

Article by Oliver Payne From Ogier On 12 February 2015, the Cayman Islands Court of Appeal issued its much anticipated decision in Weavering Macro Fixed Income Fund Limited (In liquidation) (the “Fund”) vs Stefan Peterson and Hans Ekstrom (the “Directors”)….

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Jeff Webb removed from Cayman Islands football

CIFA Press Release 2 June 2015 The Cayman Islands Football Association (CIFA) is both concerned and disappointed to learn of the recent arrest of Jeffrey Webb. As this is an on-going investigation, it would be inappropriate for CIFA to comment…

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Robots poised to ditch the boring tasks and take on new jobs

By Nick Heath From Tech Republic New research demonstrate techniques that could eventually allow robots to perform swathes of new jobs. A few years back, for most people the threat of a robot stealing your job seemed a distant prospect,…

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Prolonged drought leaves Caribbean farmers broke and worried

By Kenton X. Chance From IPS CASTRIES, Jun 2 2015 (IPS) – St. Lucian farmer Anthony Herman was hoping that next year he’d manage to recoup some of the losses he sustained after 70 per cent of his cashew crop…

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Belvedere’s Brighton SPC taken over by Cayman Islands regulator

By David Marchant From OffShoreAlert Belvedere Management Group fund vehicle Brighton SPC, which was exposed as a fraud by OffshoreAlert 11 weeks ago, has been taken over by the Cayman Islands Monetary Authority [CIMA] following the completion of a “forensic…

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Cayman Islands Community Events        WED JUNE 3 National Workforce Development Agency in Bodden Town The National Workforce Development Agency will be at the Bodden Town Library on Wednesday (3 Jun) from 2 — 5pm. Quiz Night is next Wednesday have…

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Cayman Islands Community Events TUE JUNE 2 Child month Board Games Evening Child Month organisers invite families to enjoy the rescheduled Board Games evening on Tuesday 2 June, at Book Nook, in the Galleria Plaza on West Bay Road, 6.00-…