Author Archives ftswp_adm

‘Education is the key’ should be more than just a political buzz phrase. But sadly that has not been the case in Cayman for more than 3 decades.

In this country we enjoyed very successful growth while ignoring the need to, not only ensure that our children are better prepared for a changing economy, but that today’s education curriculum and the quality of our primary and high school graduates is of the highest standards that we can achieve with our limited resources.

IFCs should use objective measures of their perception to better tackle the reputational challenge.

For the most part, anyone listening to the debate on offshore centers (or IFCs) would conclude that despite the jurisdictions spending millions of dollars on improving their regulatory infrastructures and public relations, there remains a significant negative perceptions of so-called “tax havens.”

British journalist Jacques Peretti in Cayman.

All the fuss over the recent BBC documentary should not be about its content but rather how we managed to get “spun” so easily by a journalist yet again.

The BBC documentary “Britain’s Trillion Pound Island” was a classic example of a piece of entertainment posing as an insightful documentary. Before launching into a criticism of the documentary, we should recognize that there were in fact many moments of truth in it.

Cayman needs to adopt a greater sense of urgency to address the two most recent threats to the financial services industry.

If you owned a car dealership and found out that people might stop using cars to get from point A to point B, what would you do?