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Suriname admitted to Caribbean Development Bank

From Share News Canada PARAMARIBO: The Caribbean Development Bank (CDB) has admitted Suriname as a full member of the financial body. The nation will now have easier access to subsidized loans that will boost development projects. “Suriname has a sound…

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Bahamas listed as wealthiest CARICOM country/St Kitts 3rd

From Jamaica Observer Jamaica, Guyana at the bottom in World Bank study BRIDGETOWN, Barbados (CMC) – The World Bank has rated the Bahamas as the wealthiest Caribbean Community (CARICOM) country. The Washington-based financial institution said that the Bahamas is the…

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Report made on registrar appointment

The recent recruitment of a Registrar of Lands was “fundamentally robust, well-documented” and in compliance with requirements of the Public Sector Management Law (PSML) says a report by human resources (HR) auditors. Following concerns over the appointment that were raised…

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U.S. Signs FATCA Pacts with Malta, Netherlands, Bermuda, Jersey, Guernsey and Isle of Man

By Michael Cohn From Accounting Today The U.S. has signed six more intergovernmental agreements with a half dozen jurisdictions, including several traditional offshore tax havens, to implement the Foreign Account Tax Compliance Act, or FATCA. Over the past week, the…

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Cayman Island Trade in Services continued to be the sole net Foreign Exchange Earner in 2012

The Cayman Islands’ Balance of Payments (Current Account) Report 2012 which summarizes the country’s economic and financial transactions on goods and services Grand Cayman, Dec. 23, 2013 /PRNewswire-iReach/ — Cayman’s Trade in Services Continued to be the Sole Net Foreign…

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Encouraging Public Sector financial results

The Public Sector’s financial results for the 4-month period – 1 July to 31 October 2013 – were very encouraging. The Public Sector typically experiences a Deficit during the first six months of its financial year (1 July to 31…

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HFA Symposium: Issues and opportunities facing hedge fund industry

The landscape under which Hedge Funds now operate has evolved enormously over the past few years, leading to a number of challenges and opportunities for those within the industry. It is as important as ever for practitioners in the Hedge…

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They’re here. They’re investable. Get used to it.

By Ashley Kindergan From The Financialist This June saw not one but two watershed moments in the struggle for gay rights in America. In separate rulings that month, the Supreme Court cleared the way for same-sex marriage in California and…

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CIMA – Statement of guidance for regulated mutual funds

From Appleby As a result of the industry consultation process commissioned by the Cayman Islands Monetary Authority (CIMA) earlier this year, CIMA has published a Statement of Guidance (SoG) which applies to investment funds regulated under the Mutual Funds Law…

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Walkers launches new AIFMD online resource for Fund Managers

DUBLIN–(BUSINESS WIRE)–Leading international financial law firm Walkers is pleased to announce the launch of its AIFMD Centre, which acts as a central resource of information relevant to the Alternative Investment Fund Managers Directive (AIFMD) – the most significant piece of…