Trim the sails, hold a steady course

The word of the day is regulation. How could it not be? The formidable PR machines of the EU and US governments tell us so. Basel III, we are told by a triumvirate of US regulators, provides a “more stable banking system less prone to excessive risk”.

The biggest friction in the modern economy

A key component of modern economic theory is production theory. Production theory is the study of the economic process of converting inputs into outputs. Production uses resources to create goods or services that are then sold in the market, explained by the supply and demand theory.


Ill-founded criticism and the future of the offshore centre

The criticism to which the offshore centre is routinely subjected has now reached a crescendo in the wake of the regulatory response to the financial crisis and the hunt by domestic Treasuries for tax revenues to meet the burgeoning deficits of many G20 countries.


Politicians in the U.S. have brought their campaigns to a new low by calling each other unpatriotic for using the Cayman Islands. Few of them remain fully insulated from the “Cayman benefits” - even those insulting other candidates without doing their homework.


Cayman Finance: The way forward

  The appointment of Richard Coles in April as the chairman of Cayman Finance marked not only a new chapter in the organisation but also a renewed commitment to developing a closer working relationship with the Cayman Islands government.

New OECD review praises Cayman, but misconceptions continue

In a further affirmation of the Cayman Islands’ compliance with international standards of transparency and tax information exchange, a new report points to the jurisdiction’s continuing improvements. 

Cayman’s captives continue impressive growth

Cayman Finance Read our article in the Cayman Financial Review Magazine, eversion Since 2000 the number of captives in the Cayman Islands grew by over 43...

Regulatory push continues

There seems to be no let up from the tidal wave of international legislation in the pipeline this year from both sides of the Atlantic, targeting the financial services industry. Senators Carl Levin and Kent Conrad’s newly passed Highways Tax Bill and the Foreign Account Tax Compliance Act (FATCA) are the ...


The US election scene: Impact on offshore centres

At Cayman Finance, we’ve been watching the United States presidential election carefully, and observe the disappointing, though somewhat predictable, distortion of the facts by some US politicians and media, regarding the financial services industry in Cayman.   


- Advertisement -