Testamentary freedom, wills and succession

Testamentary freedom has been in the legal press again recently, this time as a consequence of the introduction of the EU Succession Regulation (No.650/2012)...

National cryptocurrencies: Coming soon to a government near you?

Cryptocurrencies have seen their boom and bust. Many early adopters sought to use them as a means of circumventing traditional fundraising boundaries and norms....

OECD Watch

The Organisation for Economic Co-operation and Development (OECD) has gradually carved for itself a central role in global tax matters over the last two...

Is a preapproval regime for complex financial products feasible?

Usually, discussions of the risks posed by complex financial products focus on the people and institutions that invest in those products. This ensures that...
The OECD addressed transfer pricing specific issues of intergroup financial transactions, such as treasury functions, intra-group loans and cash pooling.

BEPS – more sticks than carrots and lots of teeth

The Base Erosion Profit Shifting (BEPS) reform has some serious punch. The true extent to which BEPS will reduce aggressive as well as abusive...

New regulatory changes make funding for startups easier

On May 16, Americans will get a new way to both raise and invest capital. The long-awaited investment crowdfunding law will be live, more...

Category Five

Still reeling from the passage of the “Spanish Ladies” in September, the catastrophic hurricanes Irma and Maria, the Island nations of the Caribbean are,...

European Union targets finance centers – again

The European Union is drawing up a “blacklist” of “tax havens” and is proposing measures for its member governments to use to attack them.This...

International sanctions checking – by no means as simple as it seems

We are often asked how regulated businesses can reduce the cost of ensuring that their client portfolios are free from sanctioned individuals and entities. Checking...

Switzerland’s financial market regulation in the age of Fintech

Financial market regulation has become a hot topic: With the advent of Fintech, startups building their novel business models flock to jurisdictions that offer...

The fallacy of banning cash

Mutually beneficial exchange is the central element of economic freedom, and it extends to the right to choose a preferred medium of exchange. For...
Cayman Financial Review Logo

Who should run the banks?

The financial crisis whose tenth anniversary we have just commemorated led many people to worry about the seeming asymmetry of rewards in the banking...

Kuwait as a financial centre: Opportunities and challenges

Since his Highness Sheikh Sabah Al-Ahmad Al-Sabah was sworn into office in 2006 as the Emir of the State of Kuwait, he repeatedly expressed his vision and wish of transforming Kuwait into a financial centre. 

Accessing Capital in the Middle East

In the post-global financial crisis world, investors are demanding more rigorous regulation to protect their interests. However, at the same time, investors don’t want regulations that put managers in a straightjacket or weigh funds down with overly burdensome compliance requirements or costs.

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...

Regulating online gambling

The globe is a patchwork of laws on various “sin” activities:  alcohol, drugs, prostitution, pornography and gambling. Prior to the internet, however, citizens of...

OECD vs. OECD: Political appointees diverge from economic experts

One of the major challenges in combating the OECD’s work to undermine tax competition and eliminate financial privacy is that the organization operates in...

How regulation led to disruptive innovation in retail banking

Since the outset of the global financial crisis, the banking industry has been subject to dramatic regulatory policy change designed to restore stability and...
Deep State

The administrative state

King George III decried Thomas Jefferson in America’s Declaration of Independence “has erected a multitude of new offices, and sent hither swarms of officers...

Beneficial ownership reporting in the United States?

The 115th Congress is seriously considering imposing a beneficial ownership reporting regime on American businesses and other entities, including charities and religious congregations. Two...
- Advertisement -