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Article: An Overview of Capital Markets Transactions in the Cayman Islands.
- Article from:
- Mondaq Business Briefing
- Article date:
- May 21, 2003
CopyrightCOPYRIGHT 2003 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An Overview of Capital Markets Transactions in the Cayman Islands
Introduction
The Cayman Islands has been the dominant offshore jurisdiction for capital markets transactions since the 1980's due to its political and economic stability, an effective judicial system, a nil direct tax system, the absence of exchange control or currency restrictions, the availability of highly skilled professional and support services and the presence of light but effective regulation which did not negatively impact on capital markets transactions.
Development of Capital Markets in the Cayman Islands and the Market Today
From the first bond issues by a ...