Blog

  • Cayman’s trophy cabinet is filling up!

    March 11, 2014
    1

    Published by Jeremy Hurt, Associate Broker, IRG Ltd., Grand Cayman The fourth quarter of 2013 has been one of accolades for the Cayman Islands as the country rated extremely high in four respective surveys and reports conducted by internationally recognised entities like Knight Frank, a global leader in luxury property, HSBC-the ‘worlds bank’, The Banker Magazine and the Offshore-i...

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  • Cayman Finance response to public consultation on beneficial ownership

    March 7, 2014
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    The Government deadline for feedback on the public consultation regarding beneficial ownership, specifically sections 2, 3 and 6 of the Cayman Islands Action Plan to Prevent the Misuse of Companies and Legal Arrangements, ended on 28 February 2014. Cayman Finance fully supports the Ministry of Finance’s aim of ensuring there is appropriate transparency in Cayman’s business environment and of...

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  • What’s right, wrong with offshore financial centers?

    February 18, 2014
    0

    Published by Cayman Journal – 5 February 2014 In a globalized world, offshore financial centers have a role to play, but they need to be transparent. Former Monetary Authority chairman Tim Ridley and John Christensen, executive director of the Tax Justice Network, debated exactly how transparent OFCs should be and the global tax rules they should be subject to...

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  • Confronting the Hypocrisies

    February 13, 2014
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    By Jonathon Clifton, Managing Director-Asia, Offshore Incorporations Limited Group (OIL) The overriding message in the latest installment of OIL Offshore 2020 report is that the industry faces a public relations problem. This does not equate to commercial difficulty. The industry is not under pressure to prove its worth to end users, or to the professionals and intermediaries who advise them....

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  • Government extends deadline for public consultation on beneficial ownership

    January 31, 2014
    0

    The Cayman Islands Government has extended the deadline to respond to the public consultation regarding beneficial ownership of Cayman Islands’ registered companies to Friday, 28 February 2014, and I would like to encourage all Cayman Finance members to take advantage of the extension and submit an individual response on this important issues. The extension was announced by Dr. Dax...

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