Firearm recovered from crashed truck following police pursuit
Purse snatchers strike in vicinity of Centennial Park
39 Cuban migrants repatriated to Havana
Second teacher on required leave at West Bay primary school
New plan to enforce beach access rights
Immigration staff arrested in bribe case
CAL to start Roatan flights in March
Cayman’s tourism pioneers to be honored on Heroes Day
US senators denounce Cayman as ‘tax haven’
Court challenge filed over Legal Practitioners Law
The Cayman Islands Court of Appeal has recently confirmed that the proprietors of a strata corporation registered under the Strata Titles Registration Law (STRL) have the power to govern, control and manage the strata through by-laws adopted in accordance with the STRL.
A surge in demand in the most popular segment of Cayman’s rental property market has caused prices to rise by more than 10 percent in the last 12 months, real estate experts say.
Silver Thatch Pensions manages nearly half-a-billion dollars, and has, during its nearly 20-year lifetime, returned an average 4.43 percent to 4.57 percent – probably insufficient to underwrite a retirement of uninterrupted luxury, but nevertheless a solid foundation.
All eyes are on the changing political landscape in the United States as government and the financial services industry in Cayman worry about continued bank de-risking, the process of banks reducing the risk of money laundering and terrorism financing.
Comparing the number of captives in the Cayman Islands – 711 as of Sept. 30 2016, up from 709 captives 12 months ago – would suggest a flat market. But the pure statistics and consolidation in the industry masks a strong influx of new captives and the increasing complexity and amount of business carried out by insurance managers in Cayman.
The British Brexit vote has caught many market participants off guard, particularly in the foreign exchange market.
Exchange Traded Funds (ETFs), that track indexes like the Dow Jones Industrial Average, S&P 500, Nasdaq-100 Index etc., are nowadays very popular among investors – a trend that is reflected in the capital flows.
Again and again, featuring heavily in conversations and correspondence, throughout video clips both introductory and advanced, on websites, in brochures and testimonials, the word that recurs is “ethics.”
Over the years, the financial industry of the Cayman Islands has remained highly competitive in several areas. One in particular is the insurance industry.
Despite being exceptionally aggressive, monetary policies do not bear fruit as hoped anymore. As a result, fiscal policy as a means of stimulating the economy once again gains popularity worldwide. Should the concept find support in general, it will also have noteworthy consequences for the financial markets.
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