Dart sponsors CIFSA

| 07/08/2009

(CNS): Dart Cayman Islands was a key sponsor of the CIFSA (Cayman Islands Financial Services Association) dinner held last month at the Ritz Carlton Grand Cayman. Tina McLaughlin, Chief Financial Officer of Dart Management Limited, attended the dinner and explained in a release from Dart the company’s interest: “It is clear that the continued growth and enhancement of the financial industry in the Cayman Islands is critical to the well being and future of the country, and Dart is supportive of the efforts of CIFSA to further this cause.” (Left: CIFSA Director Andrew Johnson accepts a cheque from Lynn Smith-Moore, Communications Manager, Dart Cayman Islands)

CIFSA has engaged the firm of Quinn Gillespie & Associates to lobby in Washington DC on behalf of the Cayman Islands financial services industry, and two individuals from the firm, Jack Quinn and Manuel Oritz, spoke at the event.

Andrew Johnson, a Director of CIFSA, was pleased to have Dart participate as sponsor. “I had the pleasure of sitting with Ms. McLaughlin during this dinner and learned more about Dart’s commitment and views on the CIFSA. It is of critical importance that the business community is supportive of the CIFSA’s objectives, and we are absolutely delighted that Dart is involved.”

At the event last month, speakers Jack Quinn and Manuel Oritz explained their efforts to engage in what they called “retail education”, which means that they are focusing on educating individuals who are in a position to influence legislation. In addition to addressing the role the Cayman Islands plays in the world financial markets, these lobbyists plan to make efforts to keep Cayman off any black list and will be supporting the efforts of the alternative US legislative movement, which is aimed at improving compliance with existing laws rather than changing the laws.

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