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.   

 

What the US elections mean for taxes

Now that the US election is over, the focus in Washington has moved to the US’s budget deficit and its “fiscal cliff”. At press time, it’s uncertain whether the US will jump off of the cliff, or find a solution which involves restructuring taxes and spending.   

 

Cayman Finance Update

Having achieved White List status in August 2009 after signing its 12th Tax Information Exchange Agreement with New Zealand, the Cayman Islands has since signed its 14th bilateral TIEA in October, this one with the Netherlands, in an attempt to stay ahead of the OECD’s shifting goalposts.

US monetary policy: QE3

Read the article in the Cayman Financial Review Magazine When Lehman Brothers collapsed on 15 September, 2008, the US interbank market through which banks with...

The OECD and the increasingly

In light of the readily verifiable standard setting advances made by the Cayman Islands with respect to all crimes anti-money laundering and tax transparency, a recent outburst from Senator Dorgan on the floor of the Senate erroneously describing the Cayman Islands as a...

Efficient capital flows

Economists, of which I confess to be one, always create models based on a number of assumptions to explain behaviours of the markets. So far so good right? But the problem is more often than not these assumptions are beyond the realm of the possible, and due to a failure to create better models, we end up accepting the only available models and forget the assumptions on which it was built.

 

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”.
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