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ARTICLE · 07 DECEMBER 2022

Captive Forum And CFATF Plenary Cap November Engagement

The Ministry of Financial Services and Commerce rounded off its November engagement by addressing local and international stakeholders at last week's Cayman Captive Forum and the 55th Caribbean Financial Action Task Force Plenary.

Cayman IslandsFinance and Banking

Minister for Financial Services and Commerce, the Hon. André Ebanks, provided remarks for both events on 30 November and stated both functions had a direct tangible impact on the country's reputation in financial services.

"The Cayman Islands is renowned for its strong financial services that caters to many sectors, inclusive of captive insurance, and features a robust legal framework that ensures we provide the level of regulation that cultivates sound business in the jurisdiction," Minister Ebanks said. "Those who regularly interact with us appreciate how this works in practice and it's important that we share our considerable experience and our contributions to the global fight against illicit activity with as many stakeholders as we can."

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