Cayman’s London office rep under fire in UK press

(CNS Business): Lord Blencathra, the director of Cayman Islands London Office, has been criticised in the UK for lobbying on behalf of Cayman’s financial services industry while, as a member of the House of Lords, he is able to vote on legislation affecting the territory. "It can't be right for a member of the legislature, responsible for setting tax policy, to be employed by a well-known tax haven," Shadow Cabinet minister Jon Trickett told the Independent yesterday. However, the British peer maintained that he had been meticulous in ensuring that there was no conflict of interest between his role as lobbyist and his duties in the Lords. "You cannot point to one single incident, speech, vote or question where I have sought to advance the Cayman Islands in the Lords," he told the UK press. Read more on CNS Business