The Cayman Islands continues to be one of the top 10 international financial centres in the world. A modern, flexible, yet robust regulatory framework, and collaboration with relevant stakeholders will help it maintain this position, says Cindy Scotland, managing director of the Cayman Islands Monetary Authority.
The Cayman Islands holds a leadership position in the funds sector—but to maintain this will require adaptability and innovation, says The Honourable Tara Rivers, JP, MLA, Minister for Financial Services and Home Affairs.
Colin MacKay of the Alternative Investment Management Association, Cayman, offers his perspective on the latest developments and performance of the alternative investment sector in Cayman.
Cryptocurrencies, blockchain and similar financial technologies hold enormous potential for the Cayman Islands, and it can take a leadership position in how they are regulated. Jude Scott, chief executive officer of Cayman Finance, explains how the newly launched Cayman Finance Innovation Lab is seeking to set the pace for the rest of the world.
Increased regulation and global complexity has prompted PwC to increase the size and depth of its team specialising in the area of tax advice and compliance in the Cayman Islands and Bermuda.
Cindy Hislop, chair of the local HFC Cayman board and the Committee of Hearts, reports on the important work done by the hedge fund community in support of vulnerable children.
Following careful due diligence and best selection practices when choosing a fund administrator is most likely to result in a good partnership, says Bob Kern of U.S. Bancorp Fund Services.
While Arnold Schwarzenegger provided the draw to the Cayman Alternative Investment Summit, the 500 attendees offered substance and some fascinating insights into the health of the funds industry globally, its drivers and future direction. Cayman Funds was there.
The quality and depth of experience among directors separates the Cayman Islands from other fund domiciles, and that’s what counts, says Ronan Guilfoyle of Calderwood.
Fund directors of investment funds domiciled in the Cayman Islands are mandated to oversee the risk management of the funds to which they are appointed. Isatou Smith and Masao Matsuda of Lainston outline the advantages.