Doing Business in Cayman Continued
The supporting infrastructure in the Cayman Islands is modern and sophisticated. I've got real-time online access to the world's major financial markets as if I were in New York or London.
There isn't a 5 and a half foot tall dictator with a wife with a shoe jones minding the store. The Cayman's banking system relies on the rules established by The Basel Committee on Banking Supervision -- this is an institution created by the central bank Governors of the Group of Ten nations. The Basel Committee formulates broad supervisory standards and guidelines and recommends statements of best practice in banking supervision. Same rules as Switzerland here my friends. Only without the cold.