Read the latest news from regional and global sources, presenting different voices and perspectives.
PSPB Relocating to New Office in Cricket Square
Caymanian Times
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The Public Service Pensions Board (PSPB) is pleased to announce that starting on Monday, 30 June 2025, the Authority will relocate to their new permanent office location in Grand Cayman at Pavilion East Building in Cricket Square. Since September...
VI on ‘grey list,’ but leaders aim to exit in 2 years
The BVI Beacon
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June 19, 2025
In a move that could tarnish the Virgin Islands’ reputation and frustrate its financial sector, a global anti-money-laundering watchdog has added the territory to its list of 24 jurisdictions under increased monitoring. The decision — announced...
Alex Panton Foundation Reps Attend Global Mental Health Conferences in Vienna
Caymanian Times
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The Alex Panton Foundation (APF) is proud to announce the participation of Executive Director Emily Kelly and Rhonda Kelly, founder of the Addison Kelly Mental Health Education Fund, in two prestigious international mental health conferences held...
Mega Matrix enters cryptocurrency space; purchases 12 BTC worth $1.27 million
The American Bazaar
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June 26, 2025
By Shubhangi Chowdhury Streaming company Mega Matrix has officially entered the cryptocurrency space with the purchase of 12 Bitcoins, totaling approximately $1.27 million. The company announced this purchase on Wednesday at an average price of...
OFAC Imposes Largest-Ever Penalty on Nonbank Financial Institution for Egregious and Sustained Sanctions Violations—a $216M Warning to U.S. Fund Managers: Know Your Investors
JD Supra - California
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June 18, 2025
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a historic $215,988,868 civil monetary penalty against GVA Capital Ltd. (GVA), a venture-capital firm registered in the Cayman Islands and headquartered in San...
How British Overseas Territories work - and how you can visit or live in one of them
Gloucestershire Live
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June 17, 2025
The British Overseas Territories (BOTs), from the financial powerhouse of the Cayman Islands to the untamed beauty of South Georgia, are often recognised but not fully understood. Are these "British" spots merely havens for the rich to avoid...
AEGIS Platform in Singapore Officially Launches USD 15 Billion Flagship Fund — WINAO Global Payment Fund No. 1, with Global Ceremony Held in Shenzhen
Macau Business
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June 25, 2025
SINGAPORE, June 26, 2025 — AEGIS Wallet, a leading multi-licensed digital financial platform based in Singapore, has officially launched its flagship fund — WINAO Global Payment Fund No. 1, with a total scale of USD 15 billion. The fund, issued by...
British Overseas Territories: how you can visit or even live in one of these tax-free havens
Devon Live
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June 17, 2025
From the financial hub of the Cayman Islands to the rugged natural beauty of South Georgia, British Overseas Territories (BOTs) might ring a bell - but do you truly grasp what they are? Are these "British" locales simply tax havens for the...
DNP to Acquire Biometric ID Service Provider Rubicon
Nippon
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June 18, 2025
Newsfrom Japan Economy Jun 18, 2025 18:16 (JST) Amsterdam, June 17 (Jiji Press)--Dai Nippon Printing Co. said Tuesday that it will acquire Cayman Islands-based Rubicon SEZC to enter the biometric authentication service business in emerging...
$2.5 quadrillion clearing giant DTCC explores stablecoin
Coingeek
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June 26, 2025
Homepage > News > Finance > $2.5 quadrillion clearing giant DTCC explores stablecoin The Depository Trust & Clearing Corporation (DTCC), one of the world’s largest transaction processors, is exploring a stablecoin to keep up with rising blockchain...
Millionaires on the move
TTR Weekly
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June 25, 2025
SINGAPORE, 26 June 2025: A record-breaking 142,000 millionaires are projected to relocate internationally this year, with the UK expected to see the largest net outflow of high-net-worth individuals (HNWIs) by any country since international...
New Self-Employment Tax Risks For U.S. Investors In Global Funds
Forbes
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A new Tax Court ruling is a warning for U.S. limited partners in global funds, imposing new ... More self-employment (SECA) tax risks. U.S. limited partners in foreign funds like Cayman or Luxembourg partnerships must ensure passive roles to avoid...
Simon Cooper celebrates 30-year anniversary
Caymanian Times
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June 16, 2025
by Ross Bachiller Professor Dr Simon Cooper is celebrating 30 years since joining the Cayman Islands Civil Service. The Truman Bodden Law School (TBLS) Senior Lecturer was recruited to the TBLS, part of the Portfolio of Legal Affairs, in 1994,...
What are British Overseas Territories? Are they tax free? Can I visit or even live in one?
Daily Express
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June 17, 2025
From the financial powerhouse of the Cayman Islands to the windswept wildlife sanctuary of South Georgia, you might have heard of British Overseas Territories (BOTs) - but how much do you really know about them? Are these "British" places truly...
Firms work on ride-hailing platform CaoCao’s HKD1.85bn IPO
Law.asia
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June 26, 2025
Skadden, King & Wood Mallesons (KWM), Appleby, Latham & Watkins and Han Kun Law Offices counselled on the HKEX main board listing of China’s second-largest ride-hailing platform CaoCao, which debuted on 25 June, raising around HKD1.85 billion. The...
Grant Thornton adds two int'l firms
Accounting Today
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June 17, 2025
Grant Thornton Advisors is adding Grant Thornton Switzerland/Liechtenstein and Grant Thornton in the Channel Islands to the multinational platform it launched earlier this year. Both transactions are expected to close later this year. In January,...
Herbal medicine stock with no sales rallies 64,000%
Yahoo Finance
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(Bloomberg) — A biotech stock focused on herbal medicine has surged by more than 46,000% so far this year and yet, the company itself has made zero revenue — much less turned a profit. Most Read from Bloomberg The unbelievable rally has...
Pictet Asset Services Rides Rising Asia Wealth Wave
Wealth Briefing
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We talk to a business arm of Pictet about how it complements what the venerable Swiss private bank does, with a particular focus on Singapore and Hong Kong. The asset servicing group at Switzerland-headquartered Pictet takes its enterprise around...
Narayana Hrudayalaya expands Bengaluru presence with Rs 246 cr land deal on Bannerghatta Road
The Economic Times
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June 24, 2025
Hospital network Narayana Health has acquired prime land parcels worth Rs 246 crore on Bannerghatta Main Road, a rapidly emerging healthcare corridor in Bengaluru, marking one of the most significant institutional healthcare real estate...
Who’s the Mysterious Owner of $40 Million Yacht That Arrived in Massachusetts?
WUPE - Massachusetts
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June 25, 2025
It's clearly making the rounds as the latest super yacht that just pulled into Nantucket Harbor was just visiting Newport, Rhode Island, for a bit. Ah, the summer life both on and off the yacht. It's named "Freedom" and according to the Vessel...