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Industry News

 

Below are the most recent articles published relating to the global Financial Services Industry. For Cayman specific news and articles please choose Cayman Finance News from the main menu. Past articles are available through the Archive section of the website.

 

Cayman signs its 25th TIEA, with Guernsey

Thu - 04 Aug 11 Written by Ministry of Finance, Financial Services Secretariat
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The Tax Information Exchange Agreement (TIEA) between the Cayman Islands Government and the States of Guernsey was signed on 29 July, following the conclusion of negotiations.

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Bankers on the Beach

Tue - 02 Aug 11 Written by International Monetary Fund (IMF)
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Financial flows to offshore financial centers, when properly managed, can contribute to economic growth

OFFSHORE FINANCIAL centers (OFCs)—which specialize in supplying financial services to nonresident companies and individuals in exchange for low taxes, stability, and secrecy—are under scrutiny, whether they like it or not.
Click on the link below for more:
http://www.imf.org/external/pubs/ft/fandd/2011/06/Gonzalez.htm

 

KPMG receives HFMWeek award

Wed - 20 Jul 11 Written by KPMG
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KPMG has been named the best hedge funds audit services firm by HFMWeek. 

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Appleby Trust Supports the Arts, National Gallery Art Collection Receives Sponsorship

Mon - 18 Jul 11 Written by Appleby
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One of the many Trusts administered by Appleby Trust (Cayman) Limited was recently a generous supporter of the local art scene. The donation to the National Gallery of the Cayman Islands will be used to purchase a mainstay work of art for the new National Gallery building currently under construction.

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NO HEDGE FUND TODAY SHOULD BE DEEMED “SYSTEMICALLY IMPORTANT”: AIMA

Thu - 07 Jul 11 Written by Alternative Investment Management Association (AIMA)
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London – 7 July 2011: No hedge fund firm today should be designated a “systemically important financial institution” by regulatory authorities, according to the Alternative Investment Management Association (AIMA), the global hedge fund association.

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