Cayman tops 183 countries for compliance

| 17/05/2012

(CNSBusiness): Preliminary independent research by a professor who specialises in offshore finance has found that the Cayman Islands is one of only two countries that follows proper due diligence required under international money laundering regulations. The early findings of Professor Jason Sharman of Griffith University in Australia, whose work focuses on offshore centres, reveal that Cayman was top of the table of over 183 countries because it required a full suite of identification documentation. The findings were welcomed by Cayman Finance chair Richard Coles, who said the work confirms what Cayman Islands officials and industry representatives have been saying all along. Read more on CNS Business

Category: Business

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