The American private fund industry is a significant representative of Wall Street’s interests and regulating hedge funds was a politically sensitive undertaking since the inception of the industry
The fallout of the improper disposals of Crown lands in the Turks & Caicos Islands has led to all manner of legal actions to unravel the past illegal transfers, as well as transparency and governance reforms designed to minimise the risks of similar events occurring again.
CFR's quarterly round up of academic texts making headlines...
On 11 November 2010, after nearly two years of lobbying and debate, the European Parliament adopted the final text of the Alternative Investment Fund Managers Directive.
Over recent years, the Cayman Islands has proven itself an increasingly popular jurisdiction of choice for the incorporation of companies owned or operated by parties in Asia, with the following being some of the key reasons for such popularity.
Some authors suggest that tax competition between governments is as productive as competition between firms, while others argue that it creates a free rider economy and increases inequality.
In a market traditionally focused on funds and banks, the Cayman Islands Stock Exchange (CSX) has recently expanded its services to support new issues and start-ups. The principal reason for seeking a listing is to raise new funds for establishing or growing a business.
A lengthy political wrangle over proposals to fundamentally change the Cayman Islands election system finished in a dramatic tie vote that raised questions about the unity of Cayman’s Progressives-led coalition government.