RPT-Fitch Rates RAKFUNDING CAYMAN LTD’s guaranteed EMTN programme ‘BBB+(EXP)’/’F2(EXP)’
Fitch Ratings has assigned RAKFUNDING CAYMAN LTD’s (RAKFUNDING) USD1bn guaranteed euro medium term note (EMTN) programme expected Long- and Short-Term Ratings of ‘BBB+(EXP)’ and ‘F2(EXP)’ respectively. The assignment of the final ratings is contingent upon the receipt of final documents…
Alternative Investment Funds Guide 2014: Cayman Islands
By Grant Dixon, Andrew Keast Investment Funds Maples and Calder Cayman Islands This article appeared in the 2014 edition of The International Comparative Legal Guide to: Alternative Investment Funds; published by Global Legal Group Ltd, London. Click here to view…
Cayman Islands Directors Registration and Licensing Law- Are you affected?
From Solomon Harris The Directors Registration and Licensing Law 2014 The Directors Registration and Licensing Law 2014 (the “Law”) has come into force with effect from June 4th. Individual directors of entities covered by the Law have until 21st August…
Cayman-incorporated IC designer seeks primary listing on TWSE
By Frances Huang From Focus Taiwan News Channel Taipei, June 7 (CNA) Alchip Technologies Ltd., a Cayman Islands incorporated integrated circuit designer, has filed an application with the Taiwan Stock Exchange (TWSE) for a primary listing, the exchange said Saturday….
The islands treasured by offshore tax avoiders
By Floyd Norris From New York Times Did you know that United States companies earned $129 billion in 2010 in three small groups of islands? That is what they told the Internal Revenue Service they earned in Bermuda, the Cayman…
2014/2015 Budget Address Presented By: Honourable Marco Archer Minister For Finance And Economic Development
26 MAY 2014 INTRODUCTION Mr. Speaker, it is my pleasure to rise today to speak to The Appropriation (July 2014 to June 2015) Bill, 2014. Last October when I presented the Government’s Budget for the current 2013/14 financial year I…
UK approves Cayman Islands budget plan
From IFC Review United Kingdom budget watchdogs approved the Cayman Islands 2014/15 spending plan Wednesday, just five days before the Legislative Assembly was due to meet to review the upcoming budget, reports the Cayman Compass. Finance Minister Marco Archer confirmed…
Chamber Pension Plan’s new Board of Trustees voted in
The Chamber Pension Plan held a special member meeting Thursday May 15th at the Westin to vote in seven new Board of Trustee members. All of the new Board of Trustee members serve on a voluntary basis and represent their…
Finance Minister: “No new revenue measures”
Finance Minister Hon. Marco Archer, JP, is busy putting the finishing touches to his Budget Address that he promises will unveil a people- and business-friendly budget, with no new revenue measures planned. “This budget is a good package,” Mr. Archer…
Suze Orman at the Westin Grand Cayman
Suze Orman, the two-time Emmy Award-winning television host, New York Times mega best-selling author, magazine and online columnist, is being brought to Cayman by Colonial Pension Services Ltd, a member of Colonial Group International Ltd. (CGI) and a registered pension…
