In the consultation report, submissions were recorded into one
of four categories: Individuals, Foreign Non-governmental
Organisations (NGOs), Local NGOs, or Local Companies and Foreign
Companies. Submissions from the latter three categories will be
published in their entirety. In the case of individuals, a list of
names will be published along with, if the individual has given his
or her consent, the full content of the submission. This is in
accordance with our consultation process, and is in line with the
approach adopted by the UK.
Responses to the consultation were counted and categorised
according to the letterhead under which they were submitted.
For example, a response submitted under one letterhead, but signed
by representatives of different organisations, was counted as one
Since the report's publication, minor inaccuracies were
identified that resulted in the reclassification of two responses.
Because they are minor, these reclassifications do not alter the
response analysis, Government's response, or Government's
conclusions and next steps.
One response was reclassified from a 'Company' to an
One response was reclassified from a 'Local Company' to
a 'Foreign Company'.
The charts titled 'Responses Received' and
'Breakdown of Responses by Entity Type' have been amended
in the report to reflect the above reclassifications.
List of Foreign/Local Companies and Foreign/Local NGOs
Overseas Asset Management ◊
Insurance Managers Association of the Cayman Islands
Cayman Islands Directors Association
Regulatory Fundamentals Group LLC
Advantage International Management
Managed Funds Association
Society of Estate and Trust Practitioners
Offshore Incorporations (Cayman) Limited ◊
Cayman Islands Bankers Association
Greenlight Capital Re, Ltd.
Cayman Management Limited
Cayman Islands Compliance Association
Chamber of Commerce
Cayman Islands Society of Professional Accountants
Cayman Islands Company Managers Association
Alternative Investment Management Association
Cayman Islands Fund Administrators Association
CSI International Underwriting (Cayman) Ltd.
Capital Atlantic Insurance Company Inc
Cayman Islands Law Society
First International Insurance Company Ltd.
Royal Bank of Canada Trust Company (Cayman) Limited ◊
Dart Management Services Ltd.
List of Individual Submissions
Greg Vasic *
UK Parliamentarians and Lords, and Non-governmental
Pietro Fornara *
Lord Blencathra *
◊ Companies that have declined full publication of their
* Individuals who have consented to full publication of their
˄ This consultation response was submitted under one
letterhead; and signed by representatives of different
organisations, both governmental and non-governmental. As it would
be misplaced in either the Foreign NGO or Local NGO categories, it
was placed in the 'Individuals' category.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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On the 9 September 2016 the MFSA issued feedback to its consultation of the 1 April 2016 in relation to intra-group loans.
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