Cayman is a mature, sophisticated international financial services centre which consistently ranks in the top 5 banking centres in the world. The Cayman Islands’ competitive strength lies in its ability to provide an effective and cost-efficient tax-neutral platform for international markets. Cayman provides an excellent professional infrastructure in an environment of economic and political stability.
This stability is also underpinned by the Cayman Islands’ diligence in ensuring adherence to recognised and relevant international standards in regulation, tax information exchange and prevention of financial crime under the leadership of the country’s principal financial regulator, the Cayman Islands Monetary Authority.
| The Cayman Islands is home to approximately 100,000 registered companies | |
| As at June 2016, total international assets and liabilities (cross-border positions in all currency and domestic positions in foreign currency) were reported as US$1.15 and US$1.21 trillion, respectively (June 2015: US$1.39 and US$1.44 trillion, respectively) | |
| The Cayman Islands continues to be ranked sixth internationally based on the value of cross-border assets - US$1.13 trillion (June 2015: US$1.37) - and fifth in terms of cross-border liabilities - US$1.15 trillion (June 2015: US$1.38) highlighting the role of the Cayman Islands as a financial intermediary | |
| Cayman is home to more than three quarters of the world’s hedge funds – approximately 10,500 in mutual funds in 2017 | |
| Cayman is also home to approximately 147 Category ‘B’ banks licensed in Cayman | |
| As at the 31st of March 2017 Cayman has issued 146 active trust licenses, and has approximately 120 Private Trust Companies | |
| Cayman has issued a total of 838 insurance related licenses as at 31 March 2017, of which 106 and 732 related to domestic and international insurance markets respectively and total premiums were reported at US$14.4 billion with total assets being reported at US$62.3 billion |
Practice Areas
CORPORATE & COMMERCIAL LAW
Our Corporate and Commercial team has extensive international and domestic experience and advises ...
Read More...INSOLVENCY & CORPORATE RESTRUCTURING
An inevitable by-product of the growth of the Cayman Islands economy and the Islands’ growth as a financi...
Read More...BANKING, FINANCE AND REGULATORY LAW
Our team advises banks, insurers and other regulated financial institutions and entities on all aspects o...
Read More...Trusts & Private Client
We advise domestic and international clients on buying and selling residential property in Cayman and on ...
Read More...REAL ESTATE
Cayman Law is a leading provider of real estate and real estate development legal services in the Cayman...
Read More...PRIVATE EQUITY & VENTURE CAPITAL
Cayman Law has extensive experience advising on the formation of private equity and venture capital funds...
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