Panton: Attitudes are changing towards Cayman

(CNS Business): After years of negative press as a ‘tax haven’, the new minister for financial services indicated in his first address to the Legislative Assembly last week that attitudes towards the Cayman Islands may be changing. As a result of a commitment over the years to engage in the process of international discussion with various national and supra-national authorities, Wayne Panton said there was “anecdotal evidence” of this change on the part of the “experts and the technocrats, those who understand the issues, who understand the significance of the Cayman Islands, understand the importance of our role in the global financial architecture”. Though there is still a “disconnect with political agenda”, he said, “I think that is changing – and it will change.” Read more on CNS Business