10.11.2010 Opalesque Exclusive: How the Cayman Islands succeeded in becoming one of the top offshore financial centres - a short history
Benedicte Gravrand, Opalesque Europe:

The Cayman Islands, a British Overseas Territory in the western Caribbean Sea, are regarded as among the top offshore financial centres in the world. But it came to this kind of prominence only relatively recently.

According to the IMF (1987), an offshore financial center (OFC) - not to be confused with "tax haven" - is a country or jurisdiction

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