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Telegraph: Cayman Islands hits back at Brown over tax haven attacks

May 28, 2009

By Clark Gascoigne

Clark Gascoigne is the Communications Director at Global Financial Integrity in Washington, DC.

Mr. Travers of the Cayman Islands has kept up his fervent public relations campaign. From the Telegraph:

Anthony Travers, chairman of the Cayman Islands Financial Services Association and the Cayman Islands’ Stock Exchange, says Cayman is a stable, transparent, tax neutral jurisdiction with a secure, British legal system that is used by global financial institutions to access international capital markets.

He’s clearly adopted the oldest communications tactic in the book – if you say something enough times, eventually people will begin to believe you. Perhaps he’s right, and perhaps I’m being too critical, but Mr. Travers’s statements would be much more persuasive if he backed them up with facts. Until he does that, I’ll remain skeptical.

Mr. Travers and Task Force/Tax Justice Network member Nick Shaxson have an interesting discussion about the Cayman Islands going here.

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Disclaimer: Unless specifically stated to be the views of the Task Force, the opinions expressed on this blog are solely the opinions of the individual blogger and are not necessarily those of the Task Force on Financial Integrity & Economic Development.

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