Cayman Finance News

More than 450 meals were provided to workers at the Health Services Authority (HSA) over the Easter weekend through a ‘Feeding the Frontline’ initiative by Cayman Finance. Supported by donations from its membership, Cayman Finance was able to coordinate lunch deliveries for HSA staff over four days. The Cayman Finance ‘Feeding the Frontline’ programme was created to provide support...

CEO Jude Scott wrote the following article ‘Liquidity and transparency: why tax neutral hubs matter in critical times’ which has been published in the Hedgeweek Cayman Islands In Focus 2020 special report. “Governments around the world have taken dramatic action to address the health risks caused by COVID-19, but doing so has also created a wide range of significant...

The Cayman Islands Financial Services Industry continues to provide tremendous value as the main economic driver of the Cayman Islands economy.  Industry firms, Government and the regulator have implemented their business continuity plans to enable employees to work remotely from home and continue providing business services as usual across the industry during the extended curfew measures that have been put in place locally.  “By taking the necessary steps to...

19 February 2020 The Tax Justice Network (TJN) is once again publishing misleading and inaccurate information about the Cayman Islands and appears to be more focused on entertainment than reality. Its scoring skews results whereby successful financial centres are artificially pushed up the ranking. The Cayman Islands would not be highly ranked on any secrecy index that is objective,...

Cayman Finance fully supports actions being taken by the Cayman Islands Government to constructively engage with European Union officials with an aim to reverse an EU decision to include the jurisdiction on a list of non-cooperative jurisdictions for tax purposes. “The Cayman Islands has had a track record of meeting evolving global standards and that is expected to continue,”...