Cayman’s Critics Are Missing the Point and Misleading the Public

Julian Morris November 29, 2024

Cayman Compass View Original Source

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As the Compass reported last week, in the build up to the Joint Ministerial Council meeting in London, various British politicians, NGOs and journalists claimed that public beneficial ownership registers are the “only way to stop dirty money that underpins crime,” as a Guardian headline put it. This is simply untrue.

Moreover, it overlooks the nuanced and effective measures already in place, particularly in the Cayman Islands, and the potential adverse consequences of mandating public disclosure.

Read the full piece here.