Cayman Finance News

Cayman Finance CEO Jude Scott provides a legislative and regulatory overview of the Cayman Islands in this submission to IFC Review: A strong legal and regulatory system is the necessary foundation for jurisdictions that want to succeed in the global financial services economy due to the intense sophistication of institutional investors, expanding global standards and vigilant regulatory scrutiny. The...

Cayman Finance issued the following statement by CEO Jude Scott following the announcement by G7 Finance Ministers that they have reached agreement on a global minimum corporate tax rate: “The Cayman Islands is a tax neutral jurisdiction and our financial services industry is the world’s leader in international investment funds, which are internationally recognised as tax neutral. Cayman achieves...

Cayman Finance breaks down the characteristics of tax havens The Cayman Islands is a transparent, tax-neutral jurisdiction – not a tax haven. The jurisdiction’s model of tax neutrality for financial services business has long been misunderstood, and when something is misunderstood, suspicion is not far behind. These misperceptions around the jurisdiction have been perpetuated by the entertainment industry for...

Cayman Finance issued the following statement by CEO Jude Scott about the announcement by the Financial Action Task Force (FATF) that it was increasing its monitoring of the Cayman Islands: “The financial services industry appreciates the efforts made by the Cayman Islands Government to successfully address 60 separate FATF’s recommended actions to strengthen the jurisdiction’s anti-money laundering legal and...

Welcome to our February 2021 Cayman Finance Global Briefing. We are very pleased to have an opportunity to connect with you, even as we look forward to meeting in person soon once again. Cayman Finance is the industry association that represents the Cayman Islands Financial Services Industry. The industry has become more important than ever. As the premier global tax...