|Company: Cayman islands financial portal
Country: Cayman Islands
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Throughout the global community the Cayman Islands is recognised as a sophisticated, mature and diverse financial centre. As a premier financial services jurisdiction, Cayman attracts the world's leading accounting, legal and investment firms, and the banking industry remains a cornerstone of Cayman's success. Currently, there are just under 600 banks and trust companies in Cayman, including 43 of the world's largest 50 banks. Adherence to the regulatory standards of the Basle Committee on Banking Supervision is fundamental to the regulatory approach, and the Cayman Islands is an active member of the Basle Committee's Offshore Group of Bank Supervisors. What attracts so much fund business to the Cayman Islands? Cayman offers asset managers and fund promoters with ideal market access, highly favourable investor perception, developed infrastructure, professional services and secure regulatory environment.