Share on LinkedInShare on LinkedIn

ARTICLE · 06 JUNE 2018

A Time Zone Difference Of 13 Hours

These captives are licensed as a Class B (i) which is considered a wholly owned pure captive insuring the member shareholders risks

Cayman IslandsCorporate/Commercial Law
Clayton Price (Marsh Management Services Cayman, Ltd.)
Clayton Price (Marsh Management Services Cayman, Ltd.)
Author LinkedIn connections

One would think having a difference of 13 hours in time zones might be a barrier to transacting business, however, in the digital world the time difference between most Asian countries and the Cayman Islands has proven not to be an inhibitor.

Cayman, being a premier financial hub, has already established itself as a key provider of financial services for many jurisdictions, most notably the United States, Canada, Europe, and Latin American countries. Asian companies have also long been familiar with Cayman's fund presence being home to more than 11,000 regulated investment funds and several thousand equity funds.

This success can be attributed to Cayman providing an effective, neutral platform and being a leader in trust and fiduciary services addressing the needs of ownership continuity and wealth structures, including family offices. Additionally, some companies have established Variable Interest Entities (VIEs) to facilitate stock offerings. A significant uptick

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from