Efficiency/integrity
The Cayman Islands are a British Overseas Territory, with a
stable democratic system of government and a low crime rate. The
legal system is based on the English common law, as amended by
domestic statute, with the Privy Council as the highest Court of
appeal. The legal structures, concepts and approach are instantly
recognisable to any English, US or other common law adviser. This
backbone of legal similarity and political stability has proved
crucial to the growth of the Islands.
Over the last 20 to 30 years, the Cayman Islands have developed
specific legislation to facilitate a wide range of international
financial transactions. In addition, the Cayman Islands have a
broad and deep pool of accountants, bankers, lawyers and other
service providers in order to offer service levels similar to those
found in the leading onshore centres.
