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Presenting a clearer
image of life in the Cayman Islands to UK leaders, as well as
reiterating the Government's position on key international financial
initiatives, were the achievements of a recent overseas trip by
His Excellency the Governor, Mr. Peter Smith.
"It was a profile-raising
exercise," he said of the two days in London. "The networking
was really quite helpful, and I'm sure the persons I spoke with
will pass on the good things that they heard."
While in London on
November 29 - 30, the Governor met a former colleague, Mr. Joseph
Halligan, who heads the Treasury Department's international initiatives.
The Governor reassured him that the Executive Council (ExCo) agreed
to operate in the established framework regarding the Organisation
for Economic and Co-operative Development (OECD), the Financial
Action Task Force (FATF), the Mutual Legal Assistance Treaty (MLAT)
and the KPMG report. "I expressed to Mr. Halligan that our
objective is to secure, within that framework, the best interests
of the Cayman Islands as a financial centre," Mr. Smith said.
He noted that he
asked Ms Jennifer Dilbert, who has taken up her post as the Islands'
Government Representative in London, to participate in that meeting
because of her finance background. "We now have a Caymanian
in London who is sharp, knows her stuff, and is very proactive,"
the Governor emphasised. "That is definitely an asset. She
is a valuable resource and we should make maximum use of her office."
Mr. Smith then attended
a briefing luncheon with Conservative leaders of the House of
Commons, including persons representing the All-Party Group and
the Commonwealth Parliamentary Association, which met here in
August.
Baroness Rawlings,
who is the Opposition spokesperson on foreign affairs in the House
of Lords - and who is the counterpart to Baroness Scotland, the
Minister responsible for the Overseas Territories - was also present.
"Overall, they
wanted to know more about the Cayman Islands generally and the
offshore business specifically," the Governor said. "Those
who knew about Cayman were well informed, but those who were less
aware are now much better clued-up. They feel it's good that we
are being more pro-active about the positive things that are happening
here."
His next official
visit was tea with Baroness Scotland, during which he briefed
her on the new Government, the way forward and his initial impressions.
"She and I get on very well after her visit here in August,"
Mr. Smith noted. "During that visit, she met the Members
of the Legislative Assembly, including Mr. Kurt Tibbetts. In fact,
on November 24, she sent a telegram asking me to pass a congratulatory
message to him following his election as Leader of Government
Business."
That message read:
"May I send you my and Her Majesty's Government's congratulations
on your victory in the Cayman Islands General Election. I look
forward to working with you in the spirit of partnership set out
in the 1999 'White Paper on the Overseas Territories', to promote
the good governance and prosperity of the Cayman Islands. The
people of the Cayman Islands deserve no less."
The Governor and
Baroness Scotland discussed women's issues, because of her "manifest
enjoyment" of her Women's Resource Centre visit. "I
confirmed that the new Minister of Women's Affairs, the Hon. Edna
Moyle, was equally as focused on those matters," he said.
Mr. Smith then met
Lord Wallace, the Liberal Democratic spokesman of Foreign Affairs
in the House of Lords. "He has a natural interest in politics
and the constitutionalism of the Overseas Territories, as befits
a Reader in International Relations at the London School of Economics.
We had a marvellous conversation," the Governor remarked.
Mr. Smith also talked
with staff in the Department of Tourism and the Cayman Islands
Government (CIG) representative's offices, discussing internal
and administrative matters. Following that, he and his wife, Mrs.
Suzanne Smith, attended the annual CIG London reception.
"It was an absolutely
outstanding effort this year," he said. "There was a
good cross-section of people - a number of European bankers flew
in because they know Ms Dilbert from her work with the Basle Committee
and Deutsche Bank in Cayman."
Ms Dilbert also invited
to the reception around 20 Caymanian students who are pursuing
UK education in various disciplines. The effect, the Governor
explained, was that the foreign guests spoke with persons who
knew Cayman intimately in diverse spheres.
On the whole, Mr.
Smith said the tour was very beneficial in promoting Cayman's
position on various fronts. He thanked Ms Dilbert and her staff
for co-ordinating the trip, which would normally be arranged through
the Foreign and Commonwealth Office. "For such a short visit,
the results far exceeded my expectations," he said.