Cayman delegation seeking fair play in UK

(CNS Business): The Cayman Islands government will be seeking to ensure that the latest OECD initiative surrounding the exchange of financial information is fair and equitable among all countries, onshore or offshore, when they attend the pre-G8 meeting this weekend. Wayne Panton, the new financial services minister, said Cayman’s commitment to the Convention on Mutual Administrative Assistance in Tax Matters was another step in its long history of compliance with international standards and it will not have any adverse impacts on the local financial services sector provided there is a level playing field around the world for information exchange to maintain the jurisdiction’s competitive edge. Read more on this and other stories on CNS Business