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News

October 19th, 2013
IMF predicts more Caribbean economic woes

CAYMAN NET NEWS

The Cayman Islands and territories in the Caribbean area are still going to experience hard times, according to a new report by the International Monetary Fund.

July 31st, 2013
Could the VI be following in Cayman Islands footsteps?

ROAD TOWN, Tortola, VI – The National Democratic Party (NDP) Government’s alleged continued breach of the Protocols for Effective Financial Management could potentially lead the Territory down a similar path as that of the Cayman Islands, according to members of the opposition Virgin Islands Party (VIP).

May 28th, 2013
Local designer ecstatic at US magazine feature

ROAD TOWN, Tortola, VI – Local entrepreneur and fashion designer, Kristin C. Frazer, has expressed that she is ecstatic about being featured in the upcoming edition of fashion magazine, Marie Claire.

May 23rd, 2013
Alden McLaughlin is next CI premier

Cayman News Network

With the PPM taking four seats in both George Town and Bodden Town, and Moses Kirkconnell being returned in the Sister Islands, the PPM will be able to form the next government with Alden McLaughlin at the helm.

May 3rd, 2013
Hedge Fund Firm Wants to Block Cayman Transparency Reforms

(HISPANIC BUSINESS)- One of the largest hedge fund services firms in the Cayman Islands is attempting to block reforms that would make the world's principal offshore location for hedge funds more transparent.

April 22nd, 2013
Chancellor warns British tax havens to comply with international tax laws or lose Crown dependency status

By This Is Money

British Crown dependencies, such as the Cayman Islands and British Virgin Islands, are in line for a tax clampdown.

April 21st, 2013
VI & Cayman To Enter Into FATCA Model 1 Agreements With United States

By Jonathan Culshaw, Ross Munro & Peter RN Tarn

(MONDAQ)- The US Foreign Account Tax Compliance Act, commonly referred to as FATCA, became effective earlier this year, and foreign financial institutions ("FFIs") in every jurisdiction, including in the British Virgin Islands ("BVI") and the Cayman Islands, will be required to make certain reports to the US Internal Revenue Services (the "US IRS").

April 12th, 2013
ICIJ report suspicious; attack on local economy – Cromwell Smith

ROAD TOWN, Tortola, VI – Talk show host, Cromwell Smith aka Edju En Ka has come out swinging in defence of the integrity of the Virgin Islands Financial Services sector, describing the recent heat on the Territory as a suspicious attack on the economy.

December 19th, 2012
Juliana O’Connor-Connolly Named New Premier of Cayman Islands

By the Caribbean Journal

Juliana O’Connor-Connolly has been named the new Premier of the Cayman Islands, according to a statement from Governor Duncan Taylor.

December 14th, 2012
UPDATE: Cayman Premier- “I Have Done Nothing Wrong and I Shall Not Be Resigning”

By the Caribbean Journal

Cayman Premier McKeeva Bush has issued his first public statement since his arrest Tuesday on suspicions of corruption, maintaining his innocence and vowing not to yield to increasing public pressure to step down.

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