Behind the Data: Why different industries are all concerned about data privacy
Ian Lopez, From Legaltech News A survey of nearly 600 professionals across industries uncovered attitudes toward protecting sensitive data. The digital world can be a dangerous place for businesses, and concerns are elevated for those overseeing sensitive data. In effort…
A special relationship
By David Jessop, Dominican Today senior Op-Ed contribuitor Each year the elected leaders of Britain’s overseas territories (OTs) gather from around the world to meet with British Ministers in London. Their objective is to discuss the continuing partnership with the…
In praise of cheap knives
By max Falkowitz From Serious Eats They say that all you need to cook well is a good knife. Plonk down a couple hundred dollars and invest in a tool you’ll use the rest of your life. It’ll feel like…
Bahamas “largely compliant” says OECD Tax Policy Director
By Bahamas Financial Services & Investments The director of the Organization for Economic Co-operation and Development’s (OECD) Centre for Tax Policy and Administration, Pascal Saint-Amans, has praised The Bahamas for its “tremendous progress” in adopting Foreign Account Tax Compliance Act…
Mutual Funds-Related and Companies Bills gain Cayman Islands LA approval
The Ministry of Financial Services, Commerce and Environment had four bills – one involving changes to the Monetary Authority Law, two regarding regulations for mutual funds, and one relating to the filing of company directors and officers – that recently…
UN members agree deal at Lima climate talks
From BBC Developing countries have accused wealthier nations of failing to take responsibility for climate change United Nations members have reached an agreement on how countries should tackle climate change. Delegates have approved a framework for setting national pledges to…
AIFMD – Marketing Offshore AIFs into the EEA: The Guernsey, Jersey and Cayman Islands View
From Carey Olsen Location – Cayman Islands | Guernsey | Jersey Member states of the European Union (“EU”) were due to implement The Alternative Investment Fund Managers Directive 2011/61/EU (the “AIFMD”) by 22 July 2013. The AIFMD granted a transitional…
Wales’ £2bn EU structural funding deal formally agreed
From BBC Wales has qualified for the EU funding the third time in a row A deal for Wales to receive £2bn in European aid between 2014 and 2020 has been formally agreed. The next stage will be for a…
The Editor Speaks: Data protection – a lot to read and digest
The Cayman public has two months to digest the Data Protection Bill 2014. It seems a long time but with the draft bill being over 50 pages with legalistic writing you will need all that time. And you need to…
Luxembourg – Cayman: Private equity structures
From Ogier Fund formation Global portfolio structuring Information on the Ogier Group and details of its regulators can be accessed via our website Many North American asset managers domicile investment funds with a Delaware-Cayman master-feeder fund which then invests globally…