What are we going to do about the Cayman economy? The question on everyone's lips will be answered at the inaugural Cayman Finance Summit
, Thursday 6 May 2010. A distinguished panel of expert speakers with backgrounds in economics, policy development, taxation, regulation, public relations and public affairs will join together to illustrate why Cayman's low tax model is the one that will generate the most substantive results for the people here and across the globe.
Chaired by Anthony Travers, Chairman of Cayman Finance, the Cayman Finance Summit speaker list is impressive. The keynote speaker is Dick Armey, former leader of the US House of Representatives, who will cover "Tax Competition - The Way Forward".
Richard Teather of the Bournemouth University Business School will be speaking on "The Fallacy That Low Tax Rates Contribute to Poverty and Why High Tax Rates Do."
Matthew Jones of the Alternative Investment Management Associations (AIMA) will provide an update on the Alternative Investment Fund Manager Directive, a European initiative focusing on the investment funds industry, in his presentation entitled "Will Protectionist EU Legislation Work?"
James Miller and David Shaw will both be present to discuss their recently released "Miller Report" that sets out a clear roadmap for Cayman's economic recovery in its call for decreased Government expenditure and the trimming of the civil service.
Other leading economists speaking at this event are: Gary Hufbauer of the Peterson Institute for International Economics who will provide his insights on "The International Tax Proposals and Their Implications for Cayman; Stephen Entin, President and Executive Director at the Institute for Research on the Economics of Taxation who will speak on "No More Tax Avoidance: A Territorial Approach"; and Daniel Mitchell of the CATO Institute, who will speak on "The Supra-Nationals and the Not-So-Hidden Agenda".
The Honourable Premier McKeeva Bush will open the conference and Managing Director of the Cayman Islands Monetary Authority Cindy Scotland will provide an update from the regulator.
Jack Quinn and Jack Irvine of Quinn Gillespie & Associates and Media House International respectively will discuss "How the Cayman story plays in the International Media", looking carefully at the media's role in creating and perpetuating misperceptions about Cayman and how Cayman Finance is actively educating and changing the minds of these key influencers of public perception.
The conference will be held at The Ritz Carlton, Grand Cayman on Thursday 6 May from 8:00 am - 5:00 pm with a cocktail reception immediately following. Delegate fees are US$300 for Cayman Finance members and US$350 for non-members.
For more information or to register for the conference, visit www.caymanfinance.ky or for sponsorship information, please contact Denise Gower at
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.
Cayman Finance is the not-for-profit association that is the voice of Cayman's financial services industry, promoting the high quality, transparency and integrity that makes Cayman a leading international financial centre. Funded by the private sector and partnering with the Cayman Islands Government, Cayman Finance's mission is to educate the media, politicians and the public at large about the positive impact Cayman's financial services industry has on both global and local economies.


