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December 1, 2005
 
 
Financial sector grows during regulatory initiatives
 
Intro:
The Cayman Islands financial services industry enjoyed steady growth in the last decade despite the raft of international regulations and initiatives, Eduardo D'Angelo Silva, a director of the Cayman Islands Financial Services Association (CIFSA), told a conference in the US.
 
Excerpt: He was speaking at the fourth Offshore Alert Due Diligence Conference held in Miami in November. He was participating in a panel discussion on how international initiatives over recent years have impacted the business of offshore financial centres and what types of business remain viable and acceptable to the international community.
 
 

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