South Africa

South Africa’s dangerous land confiscation game

Trouble may be brewing in South Africa. Although the African National Congress (ANC) backed off its recent land confiscation push, the threat of economic redistributionism...

Developments in Anguilla’s banking crisis: Decisions from the US and Anguillian courts

In the never-ending saga resulting from the failure in 2013 of Anguilla’s two indigenous banks and their offshore subsidiaries, recent court decisions show that...
US/China shipping containers

The original sin

The trade war with China has its roots in that country’s manipulation of its currency, its original trade-related sin. On Dec. 11, 2001, China...
World map highlighting the G-7 members and their flags.

Should Trump blow up’ the G-7? History says ‘yes’

It was widely reported by the media around the world in mid-June that U.S. President Donald Trump had “blown up” the Group of Seven...
NHC Official Track Error Trend Atlantic Basin

Predictability of Atlantic hurricanes

The 2017 Atlantic hurricane season was remarkable, including five landfalls of Category 5 storms in the Caribbean Basin, and three Category 4 strikes on...
Lone red ball surrounded by uniform black balls in a ring

Shifting the center of main interest

In the recent well-documented case of Ocean Rig UDW Inc. the company shifted its center of main interest (COMI) from the Marshall Islands to...
Cayman Financial Review Logo

Are your Islamic bonds shariah compliant? Will they be tomorrow?

In the evolving world of Islamic finance, investors need to be especially cautious, as techniques for restructuring distressed debt can be just as surprising...

The coming trade war?

Donald Trump was not the first U.S. presidential candidate to blame foreigners and their trade practices for America’s real and imagined economic woes. That...

Econ 101: Trade deficits

Responding to critics of the administration’s proposed steel and aluminum tariffs, Commerce Secretary Wilbur Ross stated on CNBC: “I think this is scare tactics...

Risk management regarding offshore trust planning

In today’s world there must be risk management for all offshore planning, not just with regards to trusts. Trusts, however, must be established properly...
Cayman Financial Review Logo

The Pimlico Plumbers case – implications for the ‘gig economy’

Employee or self-employed? This is often a gray area which creates uncertainty for employees and employers alike. The legal issues have recently been brought...

Is artificial intelligence the future of financial services?

The financial world stands on the edge of a technological revolution that will fundamentally alter the way people use financial services. The explosion of data...

Kowtowing to China

President Trump, by his own admission, has “been soft” on China’s trade practices, in the hope that its leaders will pressure North Korea to...

The world should embrace medical tourism

Americans are increasingly turning to medical tourism as a means to find affordable healthcare. In simple terms, medical tourism refers to patients traveling from...

Dealing with information overload

Have you ever considered how technologically inefficient you are throughout the day? Everyone suffers from information overload. A phenomenon whose impact results in wasted...

Cyprus: Your home away from home

Why live, work and invest in Cyprus? To name but a few reasons, you get at least 340 days of sunshine, sounds good, right?...

Using the Netherlands in international tax planning

On May 4, 2009, the Obama administration published a plan to curb tax avoidance that included the following statements: In 2004, the most recent...

Whither free trade?

To answer the question, “Whither free trade?” it is necessary first to answer the prior question: “Whatever happened to free trade?” Whatever happened to free...

The deteriorating investment climate in South Africa

In 1994 South Africa, led by its iconic first democratic president Nelson Mandela, was the darling of the world. Investors flocked to the newly...

The Colón Free Trade Zone – regional distribution center for the Americas

Panama has long been recognized as an avenue for trade since the 16th century when Inca gold and silver filled the Spanish treasury by...