ARTICLE
25 February 2014

Only A Few Days Left To Respond To Government Consultation

CF
Cayman Finance

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For persons who want to let Government know their thoughts on beneficial ownership of companies
Cayman Islands Wealth Management
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George Town, Grand Cayman – For persons who want to let Government know their thoughts on beneficial ownership of companies – including if Cayman effectively maintains information on who owns the companies, and if that information is readily available to appropriate authorities – the deadline to respond is this Friday, 28 February.

Everyone is invited to respond to the consultation, regardless of whether or not they own a Cayman-registered business, said the Minister for Financial Services, Commerce and Environment, Wayne Panton.

'We've had responses from persons locally and internationally, representing businesses, the financial services industry, individuals, and non-Governmental organisations', he noted.

'But in the interest of obtaining as many responses as possible, we again encourage persons to take a moment to give us feedback. This subject is important to all persons in Cayman'.

The consultation paper is available on http://bit.ly/KjGbQ7. Persons who have questions about the consultation are asked to email Wilbur Welcome, senior policy analyst in the Financial Services Secretariat, at wilbur.welcome@gov.ky.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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