Spanish Flags

Spain’s fiscal outlook

Spain’s fiscal and economic development over the period from 2007 to 2017 reflects two different and politically opposed governments: that of socialist Jose Luis...

Vanuatu blacklisted by EU: Neo-colonialism or justified?

Recently, the small South Pacific island nation of Vanuatu found itself placed on a taxation blacklist by the European Union (EU) along with 14...

Politicians and the Panama Papers

The recent Panama Papers leak has brought tax havens to the forefront of public policy discussions. Naturally, many individuals and supranational entities have advocated...

Antigua and Dominica make changes to diplomatic passports as proper regulation of citizenship-by-investment continues...

In 2017, Antigua and Barbuda and Dominica have made changes to the operation of diplomatic passports while the St. Kitts government continues to debate...

Simplicity is the ultimate sophistication

Crystal ball gazing is precarious at the best of times, but especially so in the current world economic environment. This does not stop people predicting the timing of the global economic recovery.

A Cayman perspective on Asian insolvency:

Both Cayman and the BVI play a huge role in offshore regional business and finance and there are significant capital flows between Caribbean offshore jurisdictions and in the People’s Republic of China (PRC)

Blockchain innovation for private investment funds

Blockchain technology offers unprecedented innovation opportunities for the private investment fund industry. Several private investment funds have spearheaded the implementation of blockchain technology and...

Book Review of ‘Popular Economics’ by John Tamny (Regnery 2015)

Do you get tired of the endless misinformation spewed by those who are running for or are already in public office and their enablers...

Natural resources and finance

Unfortunately, many jurisdictions rich in natural resource deposits are poor in rule of law.   

 

Cayman by the numbers

Source: Economics and Statistics Office, Portfolio of Finance and Economics, Government of the Cayman Islands  

Brexit and the Cayman Islands

The relationship between the European Union and the Cayman Islands has an interesting history. When faced with the prospect of the extension of the...

The future of financial regulation: Dark clouds on the horizon

 Consider the following recent comments by key regulators in the United Kingdom and the United States and a likely one from France:  

 

Luxembourg Leaks –

On Nov. 5, 2014, the International Consortium of Investigative Journalists (ICIJ) published an investigatory analysis based on a confidential cache of tax agreements approved by Luxembourg tax authorities.  

 

Fighting populism by tempering bureaucratic centralization

Blaming outsiders for economic maladies appeals to base human instincts evolved over millennia to engender beliefs that the economy is zero-sum: one person’s gain...

The Grand Old House…

Read our article in the Cayman Financial Review Magazine, eversion A taste of culture, heritage and history with modern drinks and culinary expertise. Located in...

Grey matters

The first wave of ‘Panama Papers’ scholarship Not surprisingly, the public availability of portions of the Panama Papers and the impact of the disclosures worldwide...

The stage has been set for the next global financial crisis

Last month, the Japanese government auctioned off some US$4 billion worth of new two-year bonds at a new record low yield of negative 0.149...
Swiss Flag

Swiss review of corporate taxation: a typical Swiss consensus story

For the first time in its history, Switzerland will review its corporate taxation not for internal reasons but in response to international pressure. Switzerland has...

Portugal and life beyond the budget

President of the Republic Jorge Sampaio famously proclaimed that “there was life beyond the budget.” He was taking a jab at what were being perceived as unrepeatable budgetary measures exclusively designed to meet the strict numeric constraints imposed by Europe’s idea of monetary union regulation:

 

 

Corruption and the Bribery Bill 2009

Nowadays, in the brave new world of globalisation, monitoring is omnipresent, and few countries are bold or foolhardy enough to legislate indifferent to how such formulations will be received. Not only legislation but also policing (not just police) resources and prosecutions/regulation are under scrutiny. 
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