choice for head of its London office has raised some eyebrows overseas
and at home, but the territory has managed to turn what was formerly an
administrative position into an active lobbyist role.
Just two years ago, intelligent, self-assured and personable Duncan Taylor became the 11th governor of the Cayman Islands, a tiny trio of islands with a big international reputation in the world of offshore finance.
Most people know the Dart family made its money, at least originally, as the company that first manufactured the foam cup. However, many people don’t know how the Darts ended up with so much investment in the Cayman Islands.
The International Financial Centres Forum, formed in 2009, was established by the major offshore law firms in the British offshore centres with the objective of providing balanced information about the role of international financial centres in the global economy.
The Special Economic Zone Cayman Enterprise City will comprise five components, plus an outsourcing service.
In January 2011, Premier McKeeva Bush announced he’d signed
a memorandum of understanding with Hon Cayman Properties to create a
knowledge-based special economic zone on Grand Cayman called Cayman Enterprise
A pioneer in emerging markets since 1987, the
executive chairman of Templeton Emerging Markets Group made some time in his
busy schedule to speak to the Cayman Financial Review about investment
opportunities and the state of emerging markets as well as potential threats to
The Cayman Islands is slated to be the stage for a healthcare reform. Dr
Devi Shetty, a renowned Indian heart surgeon and healthcare
entrepreneur, plans to make the Cayman Islands one of the major
destinations for medical tourism and assisted living.
Internally, there has been the issue of fund administration migrating
out of Cayman, “as a result of immigration difficulties and very
aggressive marketing by other jurisdictions”, says Travers, citing
Canada, Ireland and Switzerland as examples of jurisdictions that are ...
The offices of the Complaints Commission are inconspicuously crammed
behind a bolted door on the second floor of an office building in George
Town. Entry is granted via an intercom.
January 5, 2010
After four years as the United Kingdom’s top representative in
Cayman, Governor Stuart Jack left the islands in December. Some will
remember him as a force for good governance, others will regard him as
the governor who contributed to a sense of division between the UK and
On 27 May, seven days after the United Democratic Party decisively won
control of the government in the Cayman Islands’ general elections, MLA McKeeva
Bush become the leader of government business once again, as well as premier
designate. Bush took time in August to speak with Cayman Financial Review
contributor Alan Markoff about his and his party’s strategies for their first
100 days in office.
After Jennifer Dilbert took up her post as the Cayman Islands
Representative in London in 2000, we discussed forming a group of
individuals working in London who had a strong commercial association,
knowledge and interest in the future of the Cayman Islands. We both
thought that such a group could support the representative in promoting
Cayman as a destination of choice for investors in the commercial as
well as the financial sector.
The Freedom of Information Law, 2007 came into effect on 5 January 2009. At the same time, Cayman’s first Information Commissioner, Jennifer Dilbert was appointed. Prior to this in 2007, a Freedom of Information Unit was set up by the Government’s Cabinet Office to ensure the effective implementation of the FOI Law
At the forefront of the Cayman Islands’ economy is the financial sector, which depends on a reliable immigration system to get and keep the best people to remain competitive in the global marketplace. Recognising that need, Chief Immigration Officer Franz Manderson set out to modernise the Immigration Department to make it more customer-focused through technology and innovation.