Cayman Finance News

GEORGE TOWN, GRAND CAYMAN, 14 December, 2011   “It is welcome yet unsurprising news that the Cayman Islands was named the most favoured domicile in the recent Hedge Funds Review’s Service Provider Rankings”, said Richard Coles, Chairman of Cayman Finance.  “The survey underscores Cayman’s ongoing relevance in the worldwide financial industry and role as a key player in the funds industry in particular.”

 A report which identified the Cayman Islands as a place of ‘tax secrecy’ has been sturdily rebuffed by Richard Coles, chairman of Cayman Finance.

Today Cayman Finance Chairman Mr. Richard Coles congratulated the financial services industry for achieving yet another top ranking in the highly respected Banker’s ranking of international financial centers.

The decision by the Cayman Premier to suspend the rollover policy for two years has been warmly welcomed.

GEORGE TOWN, GRAND CAYMAN.    Cayman Finance Chairman Richard Coles today expressed support for the Premier’s recently announced intention to suspend the rollover policy for two years to enable a review of the impact of the seven year limit, while preventing any potential negative impacts on the economy in the short term.