UK, EU Tighten the screws at the banks. . . maybe
Unprecedented new levels of regulation are poised to take effect in the United Kingdom and across the Eurozone due to banking sector reforms demanded by the public after the recent European debt crisis. Nevertheless, there are doubts about implementation, in…
Travers on CIMA transparency and DMS apply for Judicial Review
Cayman Islands: Commentary On The Cayman Islands Monetary Authority (“CIMA”) – Private Sector Consultation Paper On Corporate Governance 13 March 2013 Article by Anthony Travers, Travers Thorp Alberga Summary The CIMA paper on proposed corporate governance expresses the intention that…
Gibraltar FSC CEO Killick stepping down after 10 years
From People Apr 8 2013 BY: Helen Burggraf Marcus Killick, who has been chief executive of Gibraltar’s Financial Services Commission for the past decade, is to step down later this year. No successor has yet been named, and the FSC…
North Korea Threatens to Nuke South as It Prepares for Missile Test
North Korea’s threat today that foreigners should evacuate South Korea because of a risk of “thermo-nuclear war” is the latest effort by Pyongyang to pressure the United States and regional states to hold multilateral talks. While some North Korea watchers…
Grand Cayman – A Divers’ Paradise
Written by Rick Stratton from divenewsnetwork Located on a plateau in the middle of the western Caribbean Sea, Grand Cayman Island is literally sticking up like a mountain off the surrounding sea floor. Bounded by steep shear walls sliding into…
Herbalife says KPMG resigns as Auditor amid allegations
By Kevin Orland – Apr 9, 2013 10:19 AM CT Bloomberg Herbalife Ltd. (HLF) said KPMG LLP resigned as its independent accountant after finding that a partner allegedly was involved in insider trading in the nutritional-supplements company’s shares. The resignation…
Conquer Camana Bay’s Observation Tower
Conquer Camana Bay’s Observation Tower with Special Olympics Cayman Islands Camana Bay, Grand Cayman: Climb for a cause and join Camana Bay at the base of the Town Centre’s Observation Tower on Saturday 13 April for the 4th Annual Observation…
Afghanistan: NATO Air Strike Kills 11 Children
By KIM GAMEL Huffington Post KABUL, Afghanistan — A fierce battle between U.S.-backed Afghan forces and Taliban militants in a remote corner of eastern Afghanistan left nearly 20 people dead, including 11 Afghan children killed in an airstrike and an…
EU officials are every bit as dodgy as those in SA
From IOL While South Africans agonise over the lack of integrity in public life, the country is far from being the only one afflicted with dodgy politicians and officials. French President François Hollande is battling bad publicity on two fronts….
British Journalist Andrew Neil: Cyprus-like bank scares spread in Eurozone, but Euro itself is safe
By Greg Richter and Kathleen Walter With the precedent set in Cyprus, Europeans are right to worry about seeing their bank accounts raided, influential British journalist Andrew Neil said. “This is terrifying Europe,” Neil said. “People are wondering, “Well, if…
