Cayman Finance News

Grand Cayman, 20 November 2020: With lockdowns restarting around the world and entry to the Cayman Islands tightly controlled, many in our community continue to struggle with the economic impacts of the pandemic. In an effort to support ongoing relief and recovery efforts, the ‘Cayman Finance Cares’ programme, an initiative funded by Cayman Finance member firms, recently donated CI$113,000...

Tax Justice Network’s distorted interpretations of the Cayman Islands’ statistics get more inaccurate, further from the facts and less believable as they continue to be undermined by the credible findings of recognised international bodies like the OECD and the EU.  Just last month the EU completed an exhaustive, multi-year review of the Cayman Islands tax neutral regime and found...

The Cayman Islands has been named ‘Best Private Equity Fund Domicile’ at the 2020 Private Equity Wire US Awards. The awards, hosted by industry publication Private Equity Wire, were announced at a virtual ceremony on 8 October 2020. “The winners represent the best in the US private equity industry, from GPs to service providers, covering all the various parts...

The following statement can be attributed to Jude Scott, CEO of Cayman Finance: “The EU’s recognition of the Cayman Islands as cooperative on both transparency and fair taxation is an important validation of Cayman’s commitment to a responsible policy of tax neutrality that poses no harm to other countries.  The EU now joins many other respected international entities like...

The Cayman Islands Government recently passed amendments to the Private Funds Law, 2020 and the Mutual Funds (Amendment) Law, 2020 to provide further clarity on the interpretation of the application of the law, as explained in an Industry Advisory dated 8 July 2020. The amendments assist in enabling the consistent application of the requirements. The Cayman Islands Investment Funds...