Canada has earned much praise for the soundness of its banking of system, and for good reason. It weathered the financial storm well and has been honored with the World Economic Forum’s top rating for soundness annually since 2008.
It has been a busy quarter for the Cayman Islands Court of Appeal with two decisions in particular requiring consideration - Weavering and Re Dyxnet.
The Cayman Islands government is undertaking significant and exciting Intellectual Property Law reforms
Detlev Schlichter says that “Today’s mainstream view on money is logically incoherent because it is in fundamental conflict with essential aspects of money and money’s role in a market economy.”
The Cyprus meltdown earlier this year focused attention on other offshore financial centres with a significant banking industry. The seekers after dominos went on the hunt; which offshore financial centre would cause the next big banking crisis?
Risk managers are responsible for managing every risk an organisation faces by ensuring the company’s risks are identified and controlled in line with the company’s strategic direction.