Cayman Finance News

  • Cayman Finance Statement on UK’s Draft Order on Beneficial Ownership

    December 14, 2020
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    Cayman Finance issued the following statement by CEO Jude Scott about the UK’s action to draft, but not enact, an Order in Council requiring Overseas Territories to establish public registers of beneficial ownership (PRBO) information: “The UK’s decision reflects a strong confidence in the Cayman Islands financial services industry’s dedication to transparency and emerging global standards like public registers...

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  • Cayman Finance Cares Becomes R3 ‘Champion’

    November 25, 2020
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    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...

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  • Cayman Finance response to ‘The State of Tax Justice 2020’ report

    November 23, 2020
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    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...

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  • Cayman Islands named Best Private Equity Fund Domicile

    October 13, 2020
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    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...

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  • Cayman’s financial services industry pleased with EU’s recognition of Cayman Islands cooperation

    October 6, 2020
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    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...

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