“The Cayman Islands Financial Centre has emerged as a leading financial centre that punches above its weight both regionally and internationally. The regulatory framework for its financial industry dates back to the 1960s but has been significantly enhanced and modernised, particularly over the last 25 years.
This book provides an overview of these developments from a historical perspective as well as giving an explanation of the changes made against the background of intense scrutiny and review by various international bodies, standard setters, and other governments.
The book demonstrates the evolution of the Cayman Islands regulatory regime which reinforces the dynamic and vibrant nature of the Cayman Islands financial industry as a bona fide international centre.”