A statement released by the governor of the Cayman Islands, Mr Bruce Dinwiddy, in the aftermath of Hurricane Ivan has indicated that the authorities are expecting to see the financial services sector infrastructure up and running by Monday 20th September.
“It is astonishing how much we have achieved already in the aftermath of Ivan,” said Mr Dinwiddy.
“We are very, very confident that the Cayman Islands will regain its competitive vibrancy. We’re going to be back in business soon.”
Following a meeting earlier this week involving a number of parties with commercial interests, the Governor reported that the infrastructure of the finance industry is “mostly intact, including records and data.”
Support and regulatory agencies, such as the Cayman Islands Monetary Authority and the Companies Registry are expected to be in business again by Monday, whilst some retail banks are also looking to reopen early next week, once power has been restored to George Town.
Meanwhile, Owen Roberts International Airport is reportedly scheduled to reopen on Tuesday.
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