Hundreds of people have boosted their knowledge about the Cayman Islands’ financial services industry and its importance to the economy through an initiative launched by Cayman Finance.
The Industry Ambassador Program featured four e-learning modules: an overview of Cayman’s financial services industry; the role of Cayman’s financial services industry to the local economy; the role of Cayman’s financial services industry to the global economy; and what a tax haven is and why Cayman does not meet that definition.
Each module consisted of videos, accompanying material and a short quiz to test participants’ knowledge. Although the platform was targeted mostly to those working at Cayman Finance member firms, it was open to the general public and many other residents of the Cayman Islands participated.
“I was delighted with the development of the program, with many of our members utilizing the online platform as a way to reinforce factual information about the success of the Cayman model when it comes to developing a well-regulated jurisdiction that has become a global leader in financial services,” said Cayman Finance CEO Jude Scott.
Bryan Hunter, chairman of Cayman Finance’s Public Awareness Committee, said the platform could also be used as a training tool for HR managers in orientation programs for new employees.