For the fifth consecutive year the Cayman Islands has gained the
top spot as the best specialised financial centre in the world for
2013, as surveyed by The Banker, with rankings' tables recently
released that show Cayman has again beat all its rivals and
increased its score on last year in the process. The
jurisdiction should be duly proud of such an achievement.
The Banker's annual survey and subsequent rankings are a
litmus test of how well financial services jurisdictions around the
world are faring, and the results are highly-regarded within the
industry. The fact the Cayman Islands has been awarded first
place within the world's top, specialised financial centres for
the fifth year in a row is an incredible achievement brought about
by the extremely high service levels our industry professionals
manage to achieve on a consistent basis, year after year.
In this year's survey, Cayman increased its score to 55.09
— a gain of 5.18 points over its 2012 score — soundly
beating closest rival Jersey, which had a score of 40 this year and
second closest rival Guernsey, which scored just 34.74 and dropped
from last year's second place to third.
The Banker ranking really underscores what we in the Cayman
Islands already know — that this jurisdiction leads all
others when it comes to the provision of specialised, financial
services for the global market place. We are a sophisticated
financial centre that dominates many of the specialised fields
within which we operate. The consistency of our top positioning
within The Banker ranking tables shows we are able to attain and
retain that high-level of service delivery year after year.
The ranking of international financial centres is based on data
from a range of sources, including financial markets indicators,
economic potential, and business environment factors. The ranking
focuses on the level of international business and the value
offered to international institutions seeking to expand their
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