Cayman Islands

Don’t cry for tax havens, Cayman Islands

11 June 2021

The Caribbean region has been a shelter from levies for hedge funds and other investment firms. Many of those perks may remain even with a global deal. And caveats – from the UK to Switzerland – suggest that the ambitious multinational plans will be weaker than its headline.

UK raises global bar in tax secrecy fight

2 May 2018

Britain will force overseas territories like the Cayman Islands to reveal the owners of anonymous companies. Those looking to avoid tax and scrutiny can move their business, but the UK's action will throw the spotlight on other shelters like the United States and Hong Kong.

New World woe shows danger in Cayman safe haven

18 June 2014

The Hong Kong property group’s buyout of its China unit failed after shareholders with less than 1 pct of the votes blocked the deal under the island’s archaic rules. It’s a reminder that a Cayman domicile brings risks as well as rewards for Asia’s power-hungry tycoons.