Cayman Finance News

  • Cayman Finance and Government strengthen partnership

    November 18, 2013
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    The Minister for Financial Services, Wayne Panton, today announced the strengthening of the partnership with the financial services sector through industry association Cayman Finance.

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  • Cayman highest ranking offshore centre in HSBC expat survey

    November 1, 2013
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    In a global comparison of countries conducted by HSBC’s Expat Explorer Survey for 2013, the Cayman Islands ranked fourth out of all countries when it comes to the best place for expats to thrive, beaten only by first-place China, second-place Germany, and third-place Singapore.  In addition, it was ranked number one as the friendliest place in the world to...

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  • IFCs – governance, regulation and compliance

    October 25, 2013
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    International Financial Centers have been in the spotlight for quite some time now. The media’s often negative focus tends to be on those that have reached a critical mass and service a customer base that is globally recognized, but interestingly enough, most of these IFCs have a governance and regulatory framework that has more to teach than to learn…

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  • Residents get to grips with FATCA

    October 10, 2013
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    Cayman Islands’ residents with ties to the United States heard last week how the Foreign Account Tax Compliance Act, known as FATCA, may impact their lives in the coming months when they attended a special seminar on the subject, produced by Cayman Finance in conjunction with the Ministry for Financial Services. They found out that while FATCA itself was...

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  • Why Mr. Cameron’s statement matters

    October 4, 2013
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    Prime Minister David Cameron’s recent remarks underscoring the unfairness of referring to overseas territories as “tax havens” is welcomed by Cayman’s financial services sector. Now, if only the media – including Hollywood – would follow suit, there would be reason to stand and applaud.

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