Many Chinese companies incorporated in the Cayman Islands hide behind the Great Wall affecting SEC fraud probes
It appears to be dawning on officials at the U.S. Securities and Exchange Commission (SEC) that cooperative, cross-border financial investigations are completely foreign to China. Washington’s regulators have been trying since late 2010 to gather information that could help them…
Investors’ fears fan flames of Spanish debt crisis
Spanish ten-year government bond yields soared to 6.81 per cent, the highest since 1999 and close to the seven per cent that forced bailout requests from Greece, Ireland and Portugal. Investors are worried how Spain, which has the eurozone’s fourth-largest…
Appleby welcomes new Arbitration Law in the Cayman Islands
Appleby, the world’s largest offshore provider of legal, fiduciary and administration services, has welcomed the new Cayman Islands Arbitration Law, 2012 (“the Law”) which will come into force on a date to be appointed by the Governor in Cabinet. Appleby lawyers…
Leading offshore firm Carey Olsen to offer Cayman Islands and BVI legal services
Carey Olsen, the leading Channel Island law firm, is extending its legal service offering to include the jurisdictions of the Cayman Islands and the British Virgin Islands (BVI). Carey Olsen will offer Cayman Islands advice through an experienced team which…
World steer wrestling champion has stem cell surgery in the Cayman Islands
Two-time world champion Lee Graves planned to resume his steer wrestling career next week at the Wainwright rodeo in a bid to prepare for the Calgary Stampede. It isn’t going to happen. A sudden attack of acute appendicitis this past…
Euro 2012: France 1 England 1
England’s opening Euro 2012 game ended in stalemate as they played out a low-key draw with France in Donetsk. Joleon Lescott gave England the lead with a header from captain Steven Gerrard’s free-kick – but France were level before the…
A gold standard system for the Cayman Islands?
Nathan Lewis, writing in Forbes, asks the question, “If the Gold Standard Scares You, How About a Parallel Currency Option?” Here is the article: A friend asked me: “What country today, besides the United States, could transition to a gold…
John Maples, founder of International Cayman Islands based law firm dies at 69
David Cameron paid tribute tonight to former Tory minister John Maples, who has died of cancer at the age of 69. The Prime Minister said the former deputy chairman of the Conservative Party played a key role in his mission…
Apax set to buy Cayman Islands company Paradigm Ltd
Apax Partners LLP, a British private equity firm, agreed to buy Paradigm Ltd., a maker of software for the oil and gas industry. Apax, based in London, is buying Paradigm with JMI Equity, a Baltimore-based private equity fund manager focusing…
More serious allegations made about CHEC
We were sent this communication by The Communications Department, Office of the Contractor General of Jamaica. This is printed verbatim: The Office of the Contractor General (OCG) wishes to bring to your attention the following story which appears as…
