Archive for October 22nd, 2015
UBS defection to Ireland sparks fund flight concern
(CNS Business): The Cayman hedge fund industry has come under attack again after a high profile fund structure redomiciled to Ireland, prompting claims that “hundreds” more will follow suit, alongside suggestions that Ireland is poised to capitalise on the uncertainty surrounding EU access for Cayman funds.
Register freed to tout for passenger ship business
(CNS): An amendment to the Gambling Law passed by legislators Wednesday, will facilitate the registration of cruise or other large passenger ships with on-board casinos on the Cayman Islands Shipping Registry and boost business for the growing government earner. Financial Services Minister Wayne Panton, who brought the changes, said that although the register was doing […]
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