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Cayman Islands In Bid To Educate City On Merits Of Finance Sector

by Amanda Banks, Tax-News.com, London

26 January 2005

The Cayman Islands Investment Bureau in London is today staging a lunch meeting aimed at strengthening the relationship between the Cayman financial services sector and the City of London.

Sponsored by the Cayman Islands Financial Services Association (CIFSA), the meeting is expected to attract around 100 delegates including politicians, regulators and senior executives from the worlds of banking, law and accountancy.

According to CIFSA Representative and President of Cayman National Corporation, Stuart Dack, the luncheon is intended to educate “elite opinion and the international media about the high quality of regulation and services in the Cayman Islands”.

Mr Dack also emphasised that CIFSA wants to send a clear signal that “the Cayman Islands has survived the disruption caused by the hurricane as well as promoted the competitiveness of the Island's financial services, particularly in areas such as banking, mutual funds and captive insurance”.

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