Wealth Insight

Economic share of financial services continues to shrink

The Cayman Islands economy grew faster than expected before the COVID-19 pandemic hit last year.

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Denmark charges two Brits with tax fraud after Cayman assistance

Danish prosecutors have formally charged the suspected organizers of a billion-dollar tax fraud scheme, four weeks after the Cayman Islands Grand Court allowed local corporate service providers to offer foreign judicial assistance in a related US civil lawsuit.

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Cayman’s offshore banking sector shows first-quarter growth

In the first quarter of 2020, the assets and liabilities of Cayman Islands banks both increased for the first time in years.

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