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Butterfield Trust Makes Senior Appointments To Cayman Office

Butterfield Trust in the Cayman Islands is pleased to announce that it has appointed Brian Balleine to the position of Senior Vice President and Head of Trust and Gina Nelson to the position of Head of Business Development in the…

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Hedge Funds Are Not Like Banks (and That’s Okay!)

By Kevin Roose writing in The New York I can’t decide what the funniest thing is about Azam Ahmed’s Times story* (which expands on a FT story last year) on the ludicrous world of Cayman Islands–domiciled hedge funds and their…

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Understanding accountability in OMOV and SMC

As we draw nearer to the Referendum on 18 July 2012, much has been said concerning one man, one vote (“OMOV”) in single-member constituencies (“SMC”) and the attendant equality of voters.  Therefore, by now, everyone with an open mind probably…

Official: Cayman Rodeo in play

It feels a bit like Texas here in the Cayman Islands. The weather is super hot and the only difference from Texas is, it is steamy and not dry. But we are having a rodeo and the cattle being roped…

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Libor scandal: Paul Tucker denies ‘leaning on’ Barclays

The deputy governor of the Bank of England (BoE) has said he did not give Barclays instructions to lower its Libor submissions in 2008. Paul Tucker said no government minister had asked him to “lean on” Barclays over its inter-bank…

Travel Advisory: Cholera Outbreak in Cuba

Following a cholera outbreak in Cuba, Cayman’s Medical Officer of Health Dr. Kiran Kumar has issued a travel advisory recommending travel to that country on an essential basis only. According to media reports Cuba is facing a cholera outbreak 130…

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Which way is up?

Garnett Roper, GUEST COLUMNIST for The Jamaican Gleaner As Jamaica celebrates 50 years of political Independence, the question of the adequacy and appropriateness of its political-economic system is a moot one. It is clear that since Independence, the political economy…

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RCIPS statement re alleged sexual offence within Jet

In response to the number of enquiries the RCIPSehave received concerning an alleged sexual assault this weekend with Jet, please see their statement below. A police spokesperson said: “We can confirm that a report was received by the RCIPS on…

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Update: WestStar TV Robbery – Three now arrested

Three men have now been arrested and are currently in police custody in connection with the robbery at WestStar TV offices on 24 May 2012. This an additional male to the previous advisory that two men had been arrested  in…

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Update: Cayman National Bank robbery – Another arrest – a woman

Police can confirm that two men, aged 23 and 27 years, have been charged in connection with the Cayman National Bank robbery. They have been charged with robbery and possession of an imitation firearm with intent to commit an indictable…