The last year has seen a significant increase in
attention to the role international financial centres play in
driving global economic investment and growth as well as deterring,
identifying, and combatting economic crimes like tax evasion,
money-laundering, and corruption. While every IFC brings unique
attributes to those efforts, certain characteristics stand out for
their impact on the global marketplace. Taken as a whole, those
characteristics could be considered as The Cayman
Model.
The Cayman Model demonstrates how an international financial
centre (IFC) can make the greatest contribution to the global
economy by supporting efficient free trade, capital, investing,
financing and services while also helping to fight global financial
crime. Over the last 50 years, The Cayman Model has developed to
not only define the jurisdiction as a responsible financial centre,
but also to provide a roadmap other financial centres can
follow.
