T&T behind Haiti in economic growth
From Guardian Media T&T ranks ninth among the Caribbean’s fastest growing economies, according to data just compiled by the United Nations Economic Commission for Latin America and the Caribbean (Eclac). Eclac’s recently unveiled projections for growth in 2014 shows T&T,…
PTTEP axes four Cayman subsidiaries
From Bangkok Post Firm cites unviable operations as reason PTT Exploration and Production Plc (PTTEP), Thailand’s sole publicly listed explorer, has shut down four subsidiaries registered in the Cayman Islands after public comments that their establishment was intended to avoid…
Grenada optimistic of amicable solution to honour its debts
From Caribbean360 ST. GEORGE’S, Grenada, CMC –The Grenada government says it remains optimistic that an amicable solution will be found as it seeks to honour its debt with national and international creditors in the wake of a recent ruling by…
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Cayman Islands Roads Authority appoints new Managing Director The Board of Directors of the National Roads Authority (NRA) has appointed Mr. Paul Parchment to the post of Managing Director on a 3-year contract with effect from 08th August 2014. The…
SEC issues investor alert on unregistered private offerings
By Yi Song From LexisNexis® Legal Newsroom The SEC’s Office of Investor Education and Advocacy has issued an alert to help investors identify potentially fraudulent unregistered offerings. The body of the alert follows. The original alert can be accessed here….
Cayman Islands liquidation firm appointed in alleged hedge fund fraud
By Georgina Wilcox Due to a lack of insolvency expertise in Anguilla the Cayman Islands firm of Chris Johnson Associates Ltd were asked to accept the position as court appointed liquidators of Maven Assurance Ltd that had over $80m sent…
New Director appointed to the Board of the Cayman Islands Monetary Authority
From CIMA GRAND CAYMAN (Wednesday, 6 August 2014) Ms. Judith Watler attended her first meeting of the Board of Directors of the Cayman Islands Monetary Authority (CIMA) today, 6 August 2014. Ms. Watler’s appointment as a Director of the Board…
AIFMD rules fuel offshore fund boom
From IFC Review The introduction of the Alternative Investment Fund Managers Directive (AIFMD) could add fuel to the fire of the recent trend for investment trusts to be domiciled offshore, reports the FT Adviser. Under the AIFMD, which came into…
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UPDATED: CGU15: Scott’s brace paces Cayman’s second victory: Cayman 4-1 Bahamas From CIFA GEORGE TOWN, Grand Cayman – Captain Lauren Scott scored a braced and sent host Cayman Islands to the quarterfinals of the CONCACAF Girls’ Under 15 Championship, with…
Bruce Rauner changes tune on secret Cayman Islands accounts/Quinn’s double standard
Bruce Rauner changes tune on secret Cayman Islands accounts From Governor Pat Quinn Pattern Emerges of Rauner Hiding the Truth CHICAGO – The Chicago Tribune is reporting that Bruce Rauner changed his story about whether he set up accounts in…
