Cayman Islands: Regulatory Evolution in Practice
This article first appeared in the IFC Review 2014, published by IFC Media Ltd in April 2014.
A cornerstone to the success of the Cayman Islands' financial services sector is its strong legal and regulatory system, which equally benefits managers and institutional investors. The jurisdiction is attentive and responsive to developing international trends. It continues to evolve to ensure it meets the requirements of finance sector participants, governmental and regulatory authorities. Against this context, Julian Ashworth provides an overview of a number of noteworthy developments.