The Caymanian Bar Association ("CBA") and Cayman
Finance joined forces at the CBA's Annual Student Chapter
Lecture and Summer Social on 10 August. The lecture was hosted by
Ogier and was followed by a social at The King's Head in Camana
The annual lecture delivered by Mr. Jude Scott, CEO of Cayman
Finance, focussed on the strength and importance of the Cayman
Islands as a premier global financial hub efficiently connecting
law abiding users and providers of capital and financing around the
world - benefitting developed and developing countries. Playing a
vital role in the economy, financial services annually contributes
around US$1.5 billion to the Cayman Islands' GDP and over 50%
of Government's annual revenue. Mr. Scott also provided insight
into the complexities surrounding Brexit and how it could impact
our local financial industry.
Of the event Mr. Scott said, "Cayman Finance was
honoured to have an opportunity to leverage our relationship with
the CBA to communicate these important messages to the students and
respond to their insightful questions."
CBA President, Mr. Abraham Thoppil, hailed that Scott's
address "was invaluable in providing student members with
an appreciation of the importance of our financial services
industry and how global events impact our Islands."
The opportunity to network at The King's Head was described
as "incredible" and "great"
by both the students in attendance and senior practitioners alike.
The students engaged in deeper discussion around the presentation
with each other and practitioners in attendance and deepened their
connections, which it is hoped will only strengthen the legal
industry in the future.
Next up on the CBA's schedule is the Annual CBA Gala to be
held at the Marriott on 10 September, 2016.
About the Caymanian Bar Association
The Caymanian Bar Association was established in 1988 after
senior Caymanian attorneys perceived the need for an organisation
to address issues of particular relevance to Caymanian attorneys
and effectively to represent the views of Caymanian attorneys who
were, and are, a minority in the profession in the Cayman Islands.
To that end all Caymanians, as defined in the Immigration Law (2014
Revision), who are admitted to practise as an attorney-at-law in
the Cayman Islands and possess a current practising certificate,
are eligible to be members of the CBA.
Most Caymanian attorneys who are eligible have joined the CBA,
and the organisation currently represents the interests of around
220 Caymanian attorneys. The CBA also has a Student Chapter with
around 100 honorary student members comprised of Caymanian law
students and articled clerks.
Cayman Finance's mission is to protect, promote, develop and
grow the Cayman Islands financial services industry through
cooperation and engagement with domestic and international
political leaders, regulators, organisations and media; to promote
the integrity and transparency of the Industry by legislative and
regulatory enactment and to encourage the sustainable growth of the
Industry through excellence, innovation and balance.
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.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
On the 9 September 2016 the MFSA issued feedback to its consultation of the 1 April 2016 in relation to intra-group loans.
Some comments from our readers… “The articles are extremely timely and highly applicable” “I often find critical information not available elsewhere” “As in-house counsel, Mondaq’s service is of great value”
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).