Most Read Contributor in Cayman Islands, March 2017
The Banker magazine's 2016 survey has confirmed the Cayman
Islands position as the world's number one specialised
financial centre. This is the eighth consecutive year that the
Cayman Islands has maintained the top spot in this highly-regarded,
"The Cayman Islands' continued dominance in this
category is unprecedented and is further proof that our
jurisdiction's commitment to excellence in client service and
balanced effective regulatory standards is serving us well,"
Mr Jude Scott, CEO of Cayman Finance said.
"The Cayman model focuses on attracting top quality, law
abiding clients serviced by world class professionals while being a
leader in implementing global standards on transparency and
cross-border cooperation. The Cayman Islands financial
services industry, government and regulator are committed to
ensuring that the country continues to thrive as a premier global
financial hub benefiting developed and developing countries.
"The Banker Survey is well respected by private and public
stakeholders globally, and we are encouraged by these recent
results as it reaffirms that we are indeed the leader," Mr.
Jersey and Guernsey are ranked second and third respectively in
the specialized financial centres list, with the Bahamas and
Bermuda closing out the top five places in the survey.
The Banker magazine is part of the Financial Times Group, a
globally recognised and respected finance publication and its IFC
rankings are based on data ranging from financial markets
indicators to economic potential and business environment factors.
The ranking focuses on the level of international business and the
value for institutions seeking to expand their international
About Cayman Finance:
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.
With effect from 18 April Jersey is introducing a new regime in respect of private funds - simplifying the regulatory regime, and extending the benefits of flexibility and speed across Jersey's private funds space.
The Hedge Fund Law Report recently interviewed Woolverton in connection with his move to DMS, during which he discussed the role of robust fund governance in the context of private funds.
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