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Political Intentions Behind AIFMD

Financial Times 9 April, 2012 Sir, The announcement of the latest iteration of the European Union’s  Alternative Investment Fund Managers Directive, with a two-week consultation  period falling over Easter, should have set alarm bells ringing in Downing  Street. This is

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Mr. Romney and the Cayman Islands

Published in IFC Review, March 2012 It is remarkable testimony as to the failure of the public relations campaigns of the offshore jurisdictions, and the Cayman Islands in particular, that of the 313 news items from around the world published

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Cayman directorship affair misses the plot

Published, GFSnews.com Wednesday 23 November 2011 An alleged scandal about Cayman directors sitting on the boards of hundreds of companies overlooks the fact that investors just do not care, argues Anthony Travers, chairman of the Cayman Islands Stock Exchange, who

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Rollover must change says Anthony Travers

Ieyenews.com November 4, 2011 Anthony Travers would agree with Ezzard Miller about rolling over expatriates, but the North Side MLA cannot say how to replace the financial-service’s $275 million per year in government revenues. Nor can Mr Miller say, Mr

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A New Dawn for Caribbean IFCs?

Originally published in IFC Review, October 2011 Linked by geography, the financial centres of the Caribbean (and we include here Bermuda and the Bahamas), in fact, started out on the path to their development for different reasons and each is

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The Road about to be Travelled

May, 2011 A recent in development in European Court of Justice shone a thin beacon of sanity that, for a moment, bathed all financial centres in a positive glow. Hopefully, this will portend further similar developments and will thereby assist

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Rules of Engagement

The Lawyer 30 April 2001 “Time longer than rope” may describe the lackadaisical lifestyle of the Caribbean jurisdictions, but there has been nothing lackadaisical about the legislative response to the Organisation for Economic Cooperation and Development (OECD) initiatives. A June

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