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HSBC closes bank accounts of Muslim organisations

By Tim Worstall From Forbes HSBC has closed the UK bank accounts of a series of Muslim organisations and those associated with them. This is causing some uproar as they’ve not explained very well why they’ve done this. It is…

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Japan announces enhanced climate aid to the Caribbean

From Before It’s News As part of its plan to provide climate aid the developing world, Japan has expanded the support it provides to the Caribbean countries. Under the Project for Japan-Caribbean Climate Change Partnership, the former will provide eight…

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OffshoreAlert reports Cayman’s Bryce Merren should plead guilty and is requesting extension of time From OffshoreAlert: Cayman’s Bryce Merren ‘should plead guilty’, says counsel August 04, 2014 – Cayman Islands resident Bryce Merren, who has been criminally indicted on three…

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Funds – Ireland – Quarterly Update Q2 – April – June 2014

Article by Barry McGrath, Stephen Carty, Peter Stapleton, Paul Dobbyn, Carol Widger and Adam Donoghue From Maples and Calder 1 Legal & Regulatory 1.1 AIFMD Update On 16 July 2013, the European Union (Alternative Investment Fund Managers) Regulations 2013 (No….

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Cayman Islands’ public asked for views on Sunday Trading “We want to understand the views of the general public and all key stakeholders, so that Government has a guide for developing appropriate policy on the issue” Commerce Minister Wayne Panton…

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Cayman Islands: Cayman Enterprise City goes to Waterloo

Cayman’s Special Economic Zone reaches out to tech companies in Kitchener / Waterloo Ontario Outreach this August Chris Morgan Global Business Development Manager at Cayman Enterprise City will be in Kitchener / Waterloo in Ontario’s Technology Triangle province next month…

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Cayman Islands utility company announces increase in profit

CUC announces second quarter results for the period ended June 30, 2014 Caribbean Utilities Company, Ltd. is listed for trading in United States dollars on the Toronto Stock Exchange. GRAND CAYMAN, Cayman Islands, Aug. 1, 2014 /CNW/ – Caribbean Utilities…

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LDK Solar Secures funding commitments for its offshore restructuring

GEORGE TOWN, Cayman Islands, XINYU CITY, China and SUNNYVALE, Calif., July 31, 2014 /PRNewswire/ — LDK Solar Co., Ltd. in provisional liquidation (“LDK Solar” or the “Company”) and its Joint Provisional Liquidators (“JPLs”), Tammy Fu and Eleanor Fisher, both of…

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Beechwood re hires former Morgan Stanley executive

NEW YORK, July 31, 2014 /PRNewswire/ — Beechwood Re today announced that David Lessing, former Morgan Stanley Chief Operating Officer of U.S. Wealth Management Group, has joined the Beechwood family of companies. Beechwood provides both offshore reinsurance capacity to Life,…

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Anchor tenant landed for [Cayman Islands] Camana Bay

By David Phillips From GlobeSt. Dart Realty (Cayman) Ltd. says PwC Cayman Islands, a member firm of one of the world’s largest professional services networks, will anchor 18 Forum Lane, an 85,000-square-foot office and retail building under construction in Camana…