CAYMAN FINANCE NEWS

Global Financial Centres Index 22 again rates Cayman Islands among Leading ‘G20 Plus’ jurisdictions September 13, 2017 - Jude Scott, CEO of Cayman Finance, issued the following statement about the new release of the twenty second edition of the Global Financial Centres Index (GFCI 22), which ranked the Cayman Islands once again as the 31st best financial centre in the world out of 108 total jurisdictions.  Cayman’s ranking was the second highest among all UK Overseas Territories and […]
New OECD Global Forum Report rates the Cayman Islands as “Largely Compliant” on Tax Information Exchange, same rating as Canada, Germany and Australia August 24, 2017 - Jude Scott, CEO of Cayman Finance, issued the following statement about a new peer review report by the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes which rated the Cayman Islands as “largely compliant” with the international standard. “By rating the Cayman Islands as ‘largely compliant,’ the new OECD report again confirms that we meet or […]
Cayman Brac Student wins laptop in financial services quiz August 16, 2017 - A Layman E. Scott Sr. High School student was recently awarded a new HP laptop from Cayman Finance. Matthew Giscombe was awarded the prize after being randomly selected from a group of  students who scored 100% on a quiz. The quiz on the financial services industry was held as part of  a career fair at the high school in March. “Cayman […]
Rivers begins job as advocate for offshore sector July 27, 2017 - The new financial services minister began her work as a voice for Cayman’s offshore sector during the recent visit to the UK for the Brexit meetings with the overseas territories. Tara Rivers was also advocating for the financial services industry, which she now has responsibility for in the new coalition government. Officials said Rivers discussed Brexit, beneficial ownership and the […]
Rivers and Cayman Finance CEO return from overseas trip July 27, 2017 - The two week visit to London was a joint venture between Cayman Finance, the Cayman Islands Government , which saw Scott and Rivers meeting with among others, TheCityUK, HMRC and IFC Forum and media including Financial Times, Wall Street Journal and International Accounting Bulletin. The trip has been described as a step forward in increasing positive, proactive and face to […]

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CAYMAN NEWS

Cayman Islands: The Industry’s Number One – Importance Of The Cayman Islands To The US Hedge Fund Sector September 21, 2017 - Partner Jarrod Farley and associate Thomas Marriott explain the importance of the Cayman Islands to the US hedge fund sector, which first appeared in the HFM Special Report: How to start a hedge fund in the US 2017. The Cayman Islands is the most popular domicile for hedge funds, with close to 11,000 funds registered with the local regulator (Cima), […]
CIMA’s charity event raises over $10,000 September 21, 2017 - Following the success of the Cayman Islands Monetary Authority’s (“the Authority”) inaugural 5K & 10K Charity Walk/Run recently held in May, the Authority raised a total of CI$10,969.77. The funds were donated to the literacy and numeracy programmes within various local government primary schools. The event was organised as part of the Authority’s 20th Anniversary celebration which was recognised earlier […]
The Cayman Islands’ Light Continues to Shine Bright September 21, 2017 - There have been several regulatory developments in recent years, most of which have been brought in to meet the evolving global standards that provide greater investor transparency and inter-governmental and regulatory cooperation.  The Cayman Islands has embraced these initiatives and has maintained a stable and robust legal and regulatory framework by legislating and regulating for such developments in a considered […]

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