OfReg Press Release The Utility Regulation and Competition Office (OfReg), the Cayman Islands’ utilities regulator, is pleased to announce the appointments of Mr. McCleary Frederick as Executive Director of Energy and Dr. Vladimir Bulatovic as Director of Economics and...
By Alric Lindsay According to an order dated December 20, 2024, the Securities & Exchange Commission (“Commission”) issued cease-and-desist proceedings against Tai Mo Shan Limited, a Cayman company, concerning alleged United States Securities Act violations. These alleged violations relate...
By Alric Lindsay According to a lawsuit filed on December 19, 2024, with the United States District Court For The Eastern District Of New York filed, several parties sued Alex Larson Schultz, Overhere Limited, Clinton So, and Tuah The...
OfReg Press Release It has come to OfReg’s attention that Infinity Broadband Ltd, D/B/A “C3”, which is an OfReg ICT Licensee which is under the management of Mr. Bryce Merren and Mr. Randy Merren and its directors, has issued...
CIIPA Press Release The Cayman Islands Institute of Professional Accountants (CIIPA) is proud to announce the launch of theCIIPA Code of Ethics (the Code), a significant milestone aimed at reinforcing the highest standards of ethical conduct amongst its members....
By Alric Lindsay At the Cayman Islands Directors Association’s “Educational Day” at Hotel Indigo yesterday, December 5, 2024, CIDA members received updates on key industry topics, including the new beneficial ownership regime, risks surrounding digital assets and governance. One...
By Alric Lindsay According to the Customs Tariff (Amendment of Schedule 2) Order, 2024, published on November 29, 2024, the Cabinet has amended the schedule of duty-free items to allow travellers to import baggage and household items with a...
Securities and Exchange Commission Press Release Yesterday, November 20, 2024, the Securities and Exchange Commission charged Gautam Adani and Sagar Adani, executives of Adani Green Energy Ltd., and Cyril Cabanes, an executive of Azure Power Global Ltd., for conduct...
By Alric Lindsay Historically, when you thought of a non-executive director of an offshore fund, you pictured a retiree accepting a limited number of appointments to earn a passive income. The onshore and offshore regulatory landscapes have since evolved,...
OfReg Press Release OfReg is aware of telecommunications outages affecting mobile calls between Flow to Digicel as well as some fixed line business customers. Flow to Flow calls are working as are Digicel to Digicel. However, calls between the...