Family Office Insights: Increased Corporate Transparency in the Cayman Islands

April 2024
Region: Global

The Cayman Islands, a British overseas territory, has long been recognized as one of the world’s leading providers of institutionally focused financial services and a preferred destination for the structuring and domiciling of sophisticated and specialized financial services products, particularly investment funds. However, for several reasons, the inherent risks to the Cayman Islands’ financial system of misuse by illicit actors such as money launderers and terrorist financiers are high.