Tax Justice Network improves its recognition of Cayman’s transparency
2022 Financial Secrecy Index uses more accurate data that had been identified by Cayman Finance GEORGE TOWN, Cayman Islands –Cayman Finance welcomes the progress by Tax Justice Network (TJN) towards a more realistic measure of financial secrecy in its 2022…
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Cayman Government responds to the Tax Justice Network
GRAND CAYMAN, Cayman Islands – The Cayman Islands Government notes the publication of the Tax Justice Network’s (TJN) latest secrecy index. Responding, the Chief Officer in the Cayman Islands Ministry of Financial Services, Dax Basdeo: “The Cayman Islands’s standards of transparency…
The Cayman conundrum: why is one tiny archipelago the largest financial centre in Latin America and the Caribbean?
By Dr Jan Fichtner From LSE Analysing how millions of multinational corporations structure their global ownership chains reveals that Cayman acts as a ‘sink’ offshore financial centre where foreign capital accumulates and data trails often end, writes Jan Fichtner (University…
Senior Guernsey politician says new finance report is ‘littered with errors’
From itv UK A senior politician in Guernsey says a new finance report is ‘littered with errors’. The Financial Secrecy Index, published by the Tax Justice Network, ranks jurisdictions according to the level of secrecy and their offshore financial activities….
Cayman Islands: Hotly-contested election behind it, as challenges remain
By: Peter Body From International Investment The long-term stability of the Cayman Islands, coupled with its early willingness to participate in global efforts to create an international network of automatic information exchange and similar schemes, are seen as helping it…
Cayman Islands says offshore register is ‘pointless’
By Vanessa Houlder From Financial Times UK Financial services minister brands David Cameron’s plan ‘weak policymaking’ The Cayman Islands hosts many of the world’s investment funds The Cayman Islands branded a transparency drive backed by David Cameron as “pointless”, as…
Treasure Islands: Britain’s offshore hubs
AFP From Bangkok Post LONDON – Prime Minister David Cameron is under pressure to demand greater transparency from Britain’s overseas tax havens, which critics say help promote and support corruption. The leak of documents from Panama-based law firm Mossack Fonseca…
Isle of Man chief predicts ‘anti-offshore activity’
By Mark Battersby From International Adviser Isle of Man Government chief minister Allan Bell has predicted a wave of negative campaigning focused on the Isle of Man and the other crown dependences, if Jeremy Corbyn wins the leadership of the…
Cayman Finance questions GFCI index methodology
1 October 2014 (George Town, Grand Cayman) According to the findings of the sixteenth Global Financial Centres Index (GFCI 16) published twice yearly by Z/Yen Group, the Cayman Islands has fared extremely well when it comes to recognition by clients….
“Bitcoin Jesus” promises a virtual paradise
By Jason Clenfield and Pavel Alpeyev From The Washington Post He’s known as “Bitcoin Jesus” in the world of cyber-currencies. Though he can’t promise you heaven, he is offering a haven: a condo in the Caribbean that comes with a…
