Hedge Funds Gain As Fiscal Cliff Averted
Sally Ling in London from Wealth Briefing Hedge funds rose in December as equities posted strong gains on the year’s final trading day in anticipation of the passage of legislation to avert the US fiscal cliff. The HFRI Fund Weighted…
Expert View: A Look At Securities Services In The Cayman Islands – Conyers Dill & Pearman
By Craig Fulton Attorney in Cayman Islands – Conyers Dill & Pearman As is the case with most jurisdictions, a licence is required to provide securities services to clients in and from the Cayman Islands. Thus, in the case of…
Britain to ask extradition of ex-Caribbean leader
Further to our story on jailed former premier of Turks & Caicos Islands in Brazil, Michael Misick, Associated Press have reported Britain is preparing a formal extradition request to Brazil for him. Michael Misick was detained early last month at…
On Wegelin Bank Pleading Guilty to Criminal Charges of Tax Evasion and What it Means
by Dan Reeves Retired Senior Advisor, IRS Offshore Compliance Initiatives There was a time when offshore financial secrecy was an absolute. It didn’t matter if you were a dictator plundering the wealth of your own nation, an illegal arms dealer,…
T&C AG says Misick will receive same level of treatment as other British prisoners in Brazil
Attorney General’s Chambers update re-Michael Misick Issued on behalf of the Attorney General’s Chambers, Turks and Caicos Islands. Update in relation to the extradition of former Premier Michael Misick –Issued Wed, 9 Jan 2013. “Michael Misick is the subject of…
Does the Cayman Islands really need ‘cramped, dirty and overcrowded’ turtle farm?
From The Ecologist If local people had the choice between eating a bowl of turtle stew, or having access to a new hospital, school or lower tax it’s hard to imagine they’d pick turtle stew, says Rachel Alcock When visitors…
Flu Outbreak Spreads Across U.S. as Media Drops the Ball
Daily Beast A major influenza epidemic is taking hold across much of the United States, but there’s a curious lack of coverage in the media. Dr. Kent Sepkowitz looks at the strain of flu hitting us and whether a vaccine…
Row over ‘Factory Farming’ of Sea Turtles
Blights tourists favourite Cayman Islands The tropical Cayman Islands are at the centre of a dispute over the ‘factory farming’ of green sea turtles after activists launched a campaign calling for the global end of commercial turtle farming. Now the…
34 confirmed cases and 4 new cases of Dengue under investigation
The Cayman Islands Public Health Department has issued the following advisory: Dengue Update as of 5 January 2013 Total cases investigated for dengue in 2012 is 94 and 1 for 2013. Since the last update as of 22 December 2012,…
Apophis asteroid: Large space rock flies past Earth
By Rebecca MorelleScience reporter, BBC World Service A 300m-wide asteroid is making a close pass to the Earth. Apophis – named after the Egyptian demon of destruction and darkness – has been put on a watch list by scientists. They…
