Gonzalo Jalles, CEO of Cayman Finance, has called on government to do more to promote and defend the Cayman Islands financial services industry.

While the Cayman Islands government spends about $14.5 million to promote tourism, it does not have a comparable budget for financial services, in spite of the industry directly representing 52 percent of Cayman’s economy and 55 percent of all government income, Mr. Jalles said during a presentation at Government Financial Professional Development Week last week.

Caymanian Compass
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