With regard to group captives, the Cayman Islands has over 120 vehicles in place totalling $3,013,772,649 in premiums from over 5,000 shareholder-insureds.
In a nutshell, the rule means that securitisation vehicles (SVs) with a main source of income through capital gains, non-performing loans and so on, may not be able to achieve tax neutrality which is a standard for all such vehicles.
In another major coup for China’s overseas engagement, Switzerland is set to be the latest country to sign up to the Belt and Road initiative. The move will likely take place during the state visit to China by President Ueli Maurer, who will be acco
The Cayman Islands does not have a prescriptive set of legal principles specifically relevant to "going private" and other acquisition transactions (unlike other jurisdictions such as, for example, Delaware).
A smaller listing of shares in early stage investor Ombu, held largely by Woodford and his previous employer Invesco, also had its dealing suspension lifted at the same time.