Cayman Islands News

Alison Morgan accepts the Top Manager award from the big boss, Scotia Group president and CEO Bruce Bowen, at the bank's Celebrating Excellence Service and Support Awards ceremony held at Knutsford Court Hotel in Kingston on May 18.-Rudolph Brown/Photographer First Heritage Credit Union's Maria Morrison consults with Education Minister Ronald ... (more)

South Korea's large businesses are found to hold some 5.7 trillion won worth of assets through their corporate entities in tax haven regions, data showed Sunday.

Britain's former top diplomat on the Cayman Islands should face a criminal inquiry for allegedly lying to police investigating corruption in the notorious tax haven, a Scotland Yard review has concluded.

Why Glass-Steagall? Why can't we have "universal banks" which offer all manner of investments, insurance, loans, checking accounts, other payment services, and savings plans all under one roof, or under one board of directors? Because, the bank doesn't own its deposits.

Very few Australians will have heard of Burdekin Investments, one of the thousands of low-profile post-box companies that makes its home at Ugland House, a resort-style office building in George Town, the capital of Caribbean tax haven the Cayman Islands.

They were all born within six minutes, and Kristi, Staci and Suzanne Scott haven't strayed far from one another in the years since.

IT will be two days of motorsports action as the Caribbean Motor Racing Championship takes over Dover Raceway in St Ann, this Labour Day weekend.

Picture yourself on a private balcony just outside your luxurious stateroom sipping an adult beverage and looking at lush tropical islands as your ship sails through the Caribbean.

Prime Minister David Cameron has urged British overseas territories to "get their house in order" and sign up to international treaties on tax aimed at combating tax evasion and aggressive tax avoidance.

1 to the Agreement and Plan of Merger, dated as of April 24, pursuant to which Merger Sub will be merged with and into the company, with the company surviving the merger as a wholly-owned subsidiary of Parent, and to authorize and approve all transactions contemplated by the Amended Merger Agreement, including the Merger.

Also, for the convenience of our readers and the online community generally, we have reproduced the complete Caribbean Net News archives from 2004 to 2010 here .

Jersey has retained its top spot as the highest rated offshore jurisdiction in the latest biannual Global Financial Centers Index despite an overall fall in the rankings for the Channel Islands amid fierce onshore competition.

The Group of Eight's efforts to establish rules to prevent global firms, including information technology companies, from avoiding taxes reflects the complex nature of businesses with intangible assets--such as patents--that cannot be adequately handled by the current tax system.

Tax havens are robbing us of 100 billion every year warned Oxfam yesterday - and that's just from the bosses' personal bank accounts.

Maxine Rawlins, a partner at Ernst & Young, will take on the role of chief executive of Hawksford, in 2014 when the incumbent chief executive, Peter Murley, retires.

A former Cayman Islands premier who faces 11 criminal charges and was ousted from leadership last year is heading into Thursday's general elections with an outside chance of returning to power in the British Overseas Territory.

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And so here we are, living in an environment Huxley or Orwell could forecast, but could never foretaste.

In 2002, between 10-25 blue iguanas remained in the wild. Today, there are 750. By incubating eggs in his home office and gathering plants to feed the baby blues, Fred Burton and his team have brought back a species that was nearly extinct.

A former Cayman Islands premier who faces 11 criminal charges is heading into elections with a chance of returning to leadership of the British Overseas Territory.