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Qianhai rush sparks tax haven fears

Grace Cao, The Standard Easy fund-raising prospects and low taxes in Shenzhen’s Qianhai financial district are making global private equity firms – including the US-based Carlyle Group – rush to register in the pilot finance zone. And the flood is…

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Canada Life offers jurisdiction choice with Ireland life company launch

By: Mark Battersby, International Adviser Canada Life last night launched a new Dublin based life company, designed to offer advisers an additional jurisdiction for their UK clients, at a celebratory dinner in the imposing High Commission of Canada building on…

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Cayman Enterprise City partners with international law firm Harneys for business development trip to the Silicon Valley

Grand Cayman, Cayman Islands (PRWEB) May 02, 2013 Cayman Enterprise City (CEC), the only high-technology and knowledge-based Special Economic Zone in the Americas region, is currently joining award-winning international law firm Harneys on a business development trip to San Francisco…

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Great progress by Cayman Islands

From Mr Gonzalo Jalles. Sir Jeffrey Sachs’ article “Austerity exposes the global threat from tax havens” (April 29) fails to take cognisance of the current progressive moves being made in the Cayman Islands by both government and business. Cayman Finance’s…

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‘Sham trusts’ [in the Cayman Islands] used charities to reap millions

AIDS organisations unwittingly listed as beneficiaries, write Duncan Campbell, Craig Shaw and Linton Besser. From Brisbane Times Two of Australia’s top AIDS charities have been unwittingly exploited by a discredited former American doctor in a complex offshore scheme designed to…

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St. John’s President retires amid corruption investigation

By Steve Fishman, Daily Intelligencer The president of St. John’s University, Father Donald Harrington, will announce his retirement this afternoon. The news comes in the midst of an investigation into the conduct of both Harrington and his chief of staff,…

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Bolt has recovered well enough to run in Cayman

Usain Bolt, the 100 and 200m world record holder, will definitely be competing in the shorter sprint at the Cayman Invitational on Wed (8) according the Jamaican Gleaner (see below) Bolt recovers, will run 100m in Cayman From The Gleaner…

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KBC GROUP and the Cayman Islands

KBC responds to media reports regarding its presence in the Cayman Islands, the British Virgin Islands, Ireland and Luxembourg through subsidiaries and representative offices abroad In response to recent reports, KBC would like to give a complete overview of its…

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Cayman Islands – recognition and awards

From Solomon Harris, Cayman Islands Attorneys-at-Law With the recent praise for the Islands’ “robust and transparent” legal and regulatory regime in the Organisation for Economic Co-operation and Development’s (OECD’s) latest Global Forum Peer Review report, it is worth remembering the…

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Proposed gas port off Jones Beach worries LI opponents

By Ellen Yan Long Island Newsday A natural gas transfer port has been proposed for ocean waters about 19 miles south of Jones Beach, a proposed system that failed in New Jersey and now has Long Island and environmental leaders…