Travers goes on attack with UK chancellor

(CNS Business): Outspoken local attorney and chair of the Cayman Islands Stock Exchange, Anthony Travers, is the first person in Cayman to respond to the UK chancellor’s warning that he is clamping down on both Cayman and the British Virgin Islands as Europe ramps up its anti-tax haven campaign. While there has been no response yet from the Cayman government or the local industry associations, Travers, the former chair of Cayman Finance, has called George Osborne to task about his comments, criticizing him for promoting misinformation about both Cayman and the BVI and accused him of assisting the French and Germans in their quest to "irretrievably damage the City of London’s global dominance".Read more on CNSBusiness