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Cayman Finance CEO to step down at year end

Jude Scott will step down from his position as chief executive officer of Cayman Finance at the end of this year.

Cayman Finance programme supports healthcare workers

Cayman Finance’s ‘Feeding the Frontline’ initiative served more than 450 meals to workers at the Health Services Authority over the Easter weekend. Supported by...

In defence of Cayman’s financial services

Under a mountain of outdated caricatures and convenient omissions, Gillian Tett’s column on global financial trends, ‘Better data on shadow banking reveals uncomfortable...

Cayman hosts fringe event at Labour Party conference

The Cayman Islands government has for the first time participated directly in a UK Labour Party conference by organising a fringe event to discuss the Cayman Islands with the left-wing party.

Cayman Finance celebrates student education and work experience programme

Cayman Finance celebrated the completion of the fifth year of its Student Education and Work Experience Programme that saw more than 40 students in 2019 benefit from workshops, mentorship and work placements.

FBI acknowledges Cayman’s cooperation

The Washington Post published a letter to the editor on 21 June by Cayman Finance CEO Jude Scott defending Cayman’s cooperation record in the fight against crime.
Cayman Compass is the Cayman Islands' most trusted news website. We provide you with the latest breaking news from the Cayman Islands, as well as other parts of the Caribbean.

Cayman Finance calls Dutch blacklisting of Cayman Islands ‘unusual’

The organization that represents Cayman’s financial services industry has rejected the inclusion of the Cayman Islands on a Dutch tax blacklist, stating that Cayman does not pose a risk of aggressive tax avoidance.

Cayman’s value highlighted to Chinese investors

Cayman Finance CEO Jude Scott highlighted the virtues of the Cayman Islands to corporate lawyers and investment specialists in China and Hong Kong last month.

UK legislation not ‘death knell’ for Cayman business

The head of Cayman’s primary financial services industry representative group said Wednesday that a move to force public registers of company ownership upon British Overseas Territories by December 2020 will not have any immediate “significant impact” on international business conducted in the jurisdiction.

Premier: UK orders on beneficial ownership will be fought in Cayman

If the United Kingdom decides to mandate a public beneficial ownership registry for Cayman companies, the Mother Country will face a legal challenge in the Cayman Islands courts, Premier Alden McLaughlin said Wednesday.

Cayman Finance launches 4th work experience program

The fourth annual Cayman Finance Student Education and Work Experience Program launched with an orientation event for all of the program’s stakeholders.

Cayman courting blockchain companies

The Cayman Islands is benefitting from the growing global blockchain and cryptocurrency craze, with dozens of companies involved in the technologies moving here over the last six months.

Financial services industry: Cayman’s ‘invisible’ giant

In 1960, the Cayman Islands could not have been further removed from its status today as a small but prominent global financial center. At the time, the Cayman economy still largely relied on seamen’s remittances, fishing, agriculture, shipbuilding and hand crafts. Airline services were limited and the tourism sector in its infancy.

EDITORIAL – Conor O’Dea: A coup for Cayman Finance

A standard disclaimer in investment literature warns that “past performance is not indicative of future results.” But in the case of Conor O’Dea, the financial services veteran recently selected as chairman of Cayman Finance, a waiver of that warning would be perfectly appropriate.

Business in brief: Cayman Finance CEO defends Cayman at Offshore Alert conference

Jude Scott, CEO of Cayman Finance, participated in a panel at the 6th Annual Offshore Alert Europe Conference in London on Nov. 13 to discuss the recent illegal data hack and leak of personal financial information.

Business in brief – Cayman Finance CEO participates in OffshoreAlert panel

Jude Scott, CEO of Cayman Finance, was scheduled to speak at the 6th Annual OffshoreAlert Europe Conference in London on Nov. 14 and participate in a panel about the recent illegal data hack and leak of personal financial information.

Trust conference: Attacks on offshore have gone too far

Misconceptions about what offshore financial centers really do have led to radicalized actions even by those who have reasonable policy objectives in terms of fighting financial crime and tax evasion, panelists at the Mourant Ozannes Private Client and Trust Conference argued last week.
An aerial view of the business area of downtown George Town, Grand Cayman

European Union ‘blacklist’ decision due in December

The Cayman Islands is one of 92 jurisdictions that expect to learn by December if they will be placed on a European Union “blacklist” being drawn up as part of a tax avoidance crackdown.
Cayman Compass is the Cayman Islands' most trusted news website. We provide you with the latest breaking news from the Cayman Islands, as well as other parts of the Caribbean.

Cayman retains position in Global Financial Centers Index

The Cayman Islands has retained its ranking as the 31st financial center out of 108 centers evaluated in the Global Financial Centers Index.

Bracker wins laptop in financial services quiz

A Layman E. Scott Sr. High School student is the winner a new HP laptop from Cayman Finance CEO Jude Scott. Matthew Giscombe was awarded the HP laptop for scoring 100 percent in a quiz on the financial services industry during a Career Fair held in March.
Cayman Compass is the Cayman Islands' most trusted news website. We provide you with the latest breaking news from the Cayman Islands, as well as other parts of the Caribbean.

Cayman beneficial ownership laws take effect

The Cayman Islands on July 1 began to operate under new laws that will introduce a technology-based system to enhance its existing regime of maintaining and exchanging information about the true owners of Cayman-registered entities.

Cayman court records dispute enters international spotlight

The domestic dispute over the Cayman Islands court system’s new restrictions on photocopying public records has ballooned into a potential international incident.

Cayman Finance CEO promotes financial industry in Europe

Cayman Finance CEO Jude Scott has completed a two-week visit to Europe to promote the Cayman Islands financial services industry and its role in Europe, the United Kingdom and the global financial economy.

Cayman Finance CEO talks tax neutrality on ‘BBC World’

During an appearance on the BBC this month, Cayman Finance CEO Jude Scott highlighted the Cayman Islands’ regulatory and transparency regime. “The reality is not all offshore jurisdictions are made the same," he said on the program.

Cayman Islands-registered firms top 100,000 mark for first time

The number of active companies on the Cayman Islands company register has exceeded 100,000 for the first time in its history.

Financial services body: Cayman links to Panama Papers minor

The online database of entities, officers and intermediaries linked to the Panama Papers release shows that links to the Cayman Islands are relatively minor, according to Cayman Finance.

Mixed reaction to BBC documentary

The BBC’s documentary on the Cayman Islands, “Britain’s Trillion Pound Island” showed off some of the island’s natural beauty to viewers in the U.K. But not everyone watching from Cayman, including some of the people featured in the show, were too impressed.

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