Cayman transparency accusations rebuffed
A report which identified the Cayman Islands as a place of ‘tax secrecy’ has been sturdily rebuffed by Richard Coles, chairman of Cayman Finance.
Below are the most recent articles and news releases published by the Cayman Islands Financial Services Association. For broader international news coverage of the finance industry please choose Industry News from the main menu. Past articles are available through the Archive section of the website.
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.
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.
Fallout for Cayman following the US downgrade by Standard & Poor’s to ‘AA’ appears to be minimal, according to the chairman of Cayman Finance, Richard Coles.
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