Monday, June 08, 2009

No further comment from the Cayman Islands

Recently the Financial Task Force website picked up a TJN blog, which in turn attracted a rather barbed comment from Anthony Travers, chairman of the Cayman Islands Financial Services Authority (CIFSA).

He said, among other things, that the Cayman Islands is not a tax haven. So we responded to his comments and our reply has now been drawn to his attention. In a communication with TJN which we received today, Travers has declined to comment further. We look forward to his counter-arguments in other forums, perhaps.

In the meantime, please read the comments underneath the article, and decide for yourself. And before doing so, note this: the examples we gave do not even get into the zero-tax issue. Or this (Cayman's response, slinging the mud back in the direction of London and New York, is here.)


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