12/02/2016
Cayman Gov’t to pay 17% toward pensions
The government has also approved an additional “normal cost” 5 percent contribution rate for participants in the civil service defined benefit retirement plan.
12/02/2016
The government has also approved an additional “normal cost” 5 percent contribution rate for participants in the civil service defined benefit retirement plan.
11/30/2016
The debt-to-GDP ratio is now forecast to go higher, and peak later, than anticipated.
11/28/2016
Why is this happening and what does it mean to Bermuda residents connected globally elsewhere?
11/28/2016
West Ham and Everton will be forced to plug a lending gap because of a Premier League ban on shadowy offshore finance companies.
11/24/2016
Multinationals have lowered their tax payments by shifting profits from high-tax countries to tax havens.
11/24/2016
The agreements also strengthen and provide full protection for investments.
11/24/2016
Total air traffic for the Asia Pacific region is predicted to grow at an average of 6%. By 2035
11/24/2016
The Central Bank of Cyprus has decided to impose sanctions in the form of a fine on Jordan Kuwait Bank for failure to comply with certain provisions
11/24/2016
CIMA will be able to impose fines for breaches of the Cayman Islands money laundering regulations
11/23/2016
The exchanges will look into ways of working together, including cross-fertilisation of regulatory best practice.
11/23/2016
As individual wealth grows in the region, increasing consumer demand from a larger middle-income population has inspired a raft of more sophisticated and comprehensive wealth management services.
11/22/2016
Their previously unlawful status, and cash-intensive business nature, underpin the commercial banking industry’s concerns.
11/22/2016
The Panama Papers revealed how secretly owned companies in offshore havens are used for financial crime, corruption and tax evasion.
11/22/2016
The Bermuda Government is saddled with net debt expected to reach nearly $2.4 billion by the end of the fiscal year in March 2017
11/22/2016
It is designed to interface with the new REEFS portal, while also retaining users’ traditional Excel view.
11/21/2016
Many must now be regretting this decision.
11/21/2016
But is there a tension in a regulated industry between innovation on the one hand, and necessary checks and balances on the other?
11/20/2016
Revenue has warned that time is running out for people hiding money overseas
11/17/2016
The Financial Action Task Force and the World Bank are grappling with the domino economic effects of de-risking.
11/17/2016
If passed in its current form the Monetary Authority (Amendment) Bill, 2016 (the Bill) will allow CIMA to impose fines for breaches of regulatory laws by licensed or regulated individuals or entities.