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ARTICLE · 26 FEBRUARY 2016

CISPA: Promoting And Preserving Cayman's Accounting Industry

The Cayman Islands Society of Professional Accountants' (CISPA) story began in 1970 when Cayman's financial services was in its infancy.

Cayman IslandsAccounting and Audit
Cayman Islands Society Of Professional Accountants
Cayman Islands Society Of Professional Accountants
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The Cayman Islands Society of Professional Accountants' (CISPA) story began in 1970 when Cayman's financial services was in its infancy. The local accounting fraternity recognised that together, they could help blaze the trail for accountancy in Cayman. For more than 30 years, the society worked alongside fellow financial services providers to help catapult the Cayman Islands to become one of the world's largest financial centres.

As the regulatory landscape changed, CISPA needed to change with it. In 2008, the Public Accountants Law came into effect ushering in a new era of regulatory oversight of the accounting profession in the Cayman Islands, with CISPA taking on the role of regulator. In 2014, CISPA appointed its first CEO, Sheree Ebanks, to shift management responsibilities from a voluntary council with outsourced support, to a full-time office. The regulatory framework is itself evolving, as draft changes to current legislation will further strengthen CISPA's

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