The optimum size of governmental units

Is Cayman too small to be a successful independent country? What is the optimal size of government units? How much of the economy should...

Without direct taxes, how does the Cayman Islands generate its revenue?

The Cayman Islands is often portrayed as a tax haven. And indeed Cayman does not have any corporation tax, income tax, inheritance tax and...

Quarterly Review

Led by construction, real estate and financial services, Cayman’s economy grew 2.4 percent in the first quarter of this year, according to a report...

Benefits of offshore have a broad reach

The Cayman Islands is a striking symbol of success when it comes to the offshore financial services industry and is undoubtedly a vital cog...

Cayman’s tax transparency regime as it currently stands: A practical guide

The Cayman Islands are at the forefront of the global move towards tax transparency and cooperation in international tax matters. Since 2001, the Cayman...

Cayman’s maritime industry poised for growth – but let’s take a measured approach

At the beginning of May, I was invited to participate as a speaker at the Cayman Islands Shipping Summit held during the first annual...

Liquidity and Cayman funds

Prior to investing in a Cayman Islands-based investment fund, it is customary for a proposed investor to ask the Cayman fund’s directors or investment...

Why the current investment climate favors Cayman captives

The sun shines on the Cayman Islands – that’s a given. But it also shines on Cayman’s captive insurance industry, despite record global yields....

Trustees and divorce

Recent developments in the case law of onshore jurisdictions like England and Hong Kong have only highlighted for trustees the very difficult position they...

Law Talk – Legislative developments

In the last edition of Law Talk, we briefly reviewed the much anticipated Cayman Islands LLC Bill which is intended to add another key...

Law Talk

A recent decision of the Grand Court of the Cayman Islands in Re China Shanshui Cement Group Limited looked at the ability of Cayman...

Quarterly Review

Banking Offshore banking continues to decline The number of banks in the Cayman Islands dropped by 7 percent in 2015, compared to 2014. The 12-month decline from...

Regulations and the real estate industry

The Cayman Islands Real Estate Brokers Association (CIREBA) was established in the 1980s by a group of like-minded real estate agents to unify Cayman’s...

Buried treasure: Unclaimed Cayman assets

State and federal governments around the world are estimated to hold somewhere in the region of $60 billion to $100 billion of unclaimed assets...

What would Prime Minister Corbyn mean for financial centers?

The unlikely happened (as it so often does). Jeremy Corbyn, the 100-1 outsider and far-left candidate, won an election in September to become leader...

Critically needed: Intellectual property modernization and reform in the Cayman Islands

Steady progress has been made toward Intellectual Property (IP) modernization and reform in 2015. There is still much work to be done in order...

Law Talk – Legal and regulatory update

The final quarter of 2015 has seen a number of interesting decisions being issued by the Cayman courts, as well as a decision by...

Quarterly review

Economy Economy grew slower than predicted in 2015 While economists previously predicted the gross domestic product for the Cayman Islands would grow by 2.1 percent in...

Making Cayman a more attractive investment opportunity

The higher end of Cayman’s real estate industry has traditionally catered to an affluent North American market of investors and individuals looking to acquire...

Appreciating the remaining risks of bankruptcy strip-off of home mortgages

Investments in mortgage-backed debts carry reduced risk in light of the special protections afforded to collateralized claims. Second-lien investing, however, is subject to enhanced risk due to the greater likelihood of collateral value insufficiency.