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Cayman weathers the financial crisis and regulatory pressures

June 2010 Maree Martin

The Cayman Islands has established itself as a leading financial services center by being an open, free-market, tax neutral economy which caters to a global client base and is serviced by highly qualified, sophisticated professionals. The Cayman Islands has shown its resilience and ability to adapt in the face of challenges previously, both in terms of responding to the ever changing product needs of our clients and by adhering to or exceeding relevant international standards and engaging in constructive dialogue with international regulatory bodies.

Whilst there are currently a number of regulatory threats coming from both the US and EU to the Cayman Islands as the leading domicile for hedge funds, it must not be forgotten that the Cayman Islands also has strengths in a number of other industry sectors including banking, captive insurance, structured finance, vessel and aircraft registration, listings on the Cayman Islands Stock Exchange, asset protection and charitable trusts, and the formation of companies and partnerships.

 

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Cayman weathers the financial crisis and regulatory pressures

 


Maree Martin
Counsel and Head of Knowledge Management - Cayman Islands

Cayman Islands   +1 345 814 7781


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