86 F
George Town
Friday, April 19, 2024
A sunny view of downtown George Town, Grand Cayman.

Legitimately Protecting Wealth – And Privacy

In the first episode of BBC television drama McMafia, a young Russian fund manager is asked by a shady potential investor how he would facilitate the bribe of a port authority official in India. His...

Cayman’s Financial Services: Much More Than Just Banking

Since the late 1960s the Cayman Islands has been known as an offshore banking hub. Even today the islands are still classed as the seventh or eighth largest banking center in the world in...

Severing Tax Ties Is Harder Than You Think

For many North Americans, Europeans, and other expatriates, moving to the Cayman Islands, often to a lucrative job, unencumbered by income taxes, can seem too good to be true. The Cayman Islands does indeed lack...

Cayman’s New Road to Success

Recently, the Cayman Islands have received an inordinate amount of attention in the international press. It seems as though this attention is taken more seriously by those outside Cayman than by those who live...

Difficult Lessons: Myths and Realities of Higher Education

Over the last 40 years, there are few countries that have enjoyed the economic success of the Cayman Islands. Cayman has advanced from a low-income economy, based on reaping the benefits of limited land...

The ‘Technology-Fix’ for Cayman’s Future

After 40 years of extraordinary economic growth and prosperity, Cayman is facing a new challenge to its development. Cayman is at a stage where it needs to reconsider the very foundations – technological and...

The Health of Cayman’s Financial Industry: Not What You Might Think

Observers of offshore financial centers will know that they have been weathering a perfect storm. Firstly, reduced transactional flows, simply because there is less money available for structured finance and investment generally. Secondly, a...

Empowering The Next Generation Of Cayman’s Leaders

Early in 2014 the arrival of a book in North America, entitled simply Capital, has proven to be the first challenge to the generally accepted, conventional wisdom of the nature of economic society today....