The Legislative Process In The Cayman Islands

The Cayman Islands' position as a top international financial centre is facilitated not only by its income tax-free status, but also by the Islands' history of political and economic stability, responsible and practical levels of regulation, and a highly competent workforce of professionals, judiciary and legislators. As an English-speaking British Overseas Territory, the Cayman Islands maintains a strong connection with the United Kingdom (UK) from which it inherits much of its legislative system and judicial framework.

Legislation

The Cayman Islands Legislative Assembly is a unicameral legislature comprising 18 elected members and two ex officio members pursuant to the Cayman Islands Constitution of 2009. The ex officio members are the Deputy Governor (the Member Responsible for the Civil Service) and the Attorney General (the Member Responsible for Legal Affairs). The passing of legislation, similarly to the UK, requires three readings of the draft bill in the