Cayman Finance News

Cayman Finance CEO Jude Scott tackles misconceptions about the Cayman Islands financial services industry in this Letter to the Editor for the Financial Times.   The following is the full text of the letter, which can be accessed on the Financial Times website.   Under a mountain of outdated caricatures and convenient omissions, Gillian Tett’s column on global financial...

9 October 2019 – For immediate release Cayman Finance issued the following statement in support of an announcement by the Cayman Islands Government that it intends to introduce a public register of beneficial ownership, in line with evolving standards and international obligations such as those reflected in the principles of EU 5th Anti Money Laundering Directive: “Cayman Finance, the...

Brighton, United Kingdom – The Cayman Islands Representative to the UK and Europe André Ebanks attended the Labour Party Conference in Brighton this week accompanied by Jude Scott, Chief Executive Officer of Cayman Finance and a team from the Government Office in London. This is the first year that the Cayman Islands Government has participated directly in the conference...

Cayman Finance recently celebrated the culmination of the fifth year of its Student Education and Work Experience Programme that saw more than 40 students in 2019 benefit from workshops, mentorship, and work placements designed to give them greater insights into the Cayman Islands financial services industry. The Year 12 students from high schools across the island, as well as...

Cayman Finance is pleased to note that the Organisation for Economic Co-operation and Development (OECD), has completed a review of the Cayman Islands’ domestic legal framework that includes economic substance legislation and found that the Cayman Islands tax neutral regime is not harmful and meets all economic substance requirements. The review was conducted by the OECD Forum on Harmful...