Home owners across the nation sue all bank servicers and their offshore havens (including Cayman Islands); Spire Law officially announces filing of Landmark Lawsuit
Largest international money laundering network in history formed during Obama administration; U.S. banks’ theft of home owners’ money laundered through Cayman Islands, Isle of Man and numerous offshore-based affiliates. In a lawsuit alleged to involve the largest money laundering network…
Public Works to test Cayman Islands hurricane readiness
Don’t be alarmed if you see hurricane shutters being erected on numerous Government buildings and hurricane shelters in Grand Cayman this Thursday, 10 May 2012. The Public Works Department (PWD) and the National Roads Authority (NRA) will be carrying out…
Study shows tax evasion crackdown has largely failed
The flow of funds to low-tax jurisdictions has barely changed since 2007, despite significant global efforts to tackle the problem. Deposit data from the Bank of International Settlements (BIS) demonstrates that $2.7trn (£1.7trn) is deposited offshore in spite of unprecedented…
Rotary Central continues solid support of Junior Achievement
The Rotary Club of Grand Cayman Central is this year proud to continue its long-standing encouragement for the Junior Achievement of the Cayman Islands programme in this, its twentieth year of steadfast support. Fiona Moseley, Rotary Central President says that…
20,309 Foreign workers in Cayman Islands
The Department of Immigration Quarterly Statistical Report Mach 2012 makes fascinating reading. For the full report and graphs go to Cayman Islands Immigration website At the end of the 1st quarter of 2012 there were a total of 20,309 foreign…
Cayman Airways launches non-stop service between Dallas and the Cayman Islands
Cayman Airways has announced the launch of non-stop service from Dallas/Fort Worth International Airport to Grand Cayman to commence this June. Effective June 23, 2012 – September 2, 2012, Cayman Airways will operate weekly service from Dallas to Grand Cayman…
CIAA Emergency Exercise scheduled
On Thursday, 10 May, in a training exercise, a cargo aircraft carrying Dangerous Goods onboard brakes will fail, and it will come to a sliding stop in the cricket field. This year’s annual Cayman Islands Airports Authority (CIAA) Full Scale…
Offshore tax havens’ links to crime budget choices
By Robert M. Morgenthau FANS of “American Idol” might be surprised to learn that, if sales figures are any indication, the real music capital of the world may not be America, but Luxembourg. Luxembourg is a tax haven, and Apple…
Statement by the Government on One Person, One Vote and Single Member Constituencies
Issued by Hon. Rolston Anglin A pleasant good afternoon to all residents of our fair Cayman Islands. At the meeting of the Business Committee at the Legislative Assembly this morning May 7th it was agreed that when the House meets…
Referendum Day to be a Public Holiday
Premier McKeeva Bush announced on May 5 that the Government has decided to declare July 18, 2012 a public holiday in order to facilitate the holding of the referendum on single member constituencies. There are a number of logistic reasons…