19.07.2005 Other Voices: Maples and Calder say Cayman Islands and BVI have distinct advantage over other offshore jurisdictions re. EU savings directive
When the Cayman Islands and the BVI agreed to implement measures equivalent to the EUSD (EU savings directive) many anticipated an outflow of fund business from those jurisdictions. Now that the details of the implementation have been published it is clear that the reverse is the case. Both Cayman and the BVI clearly have a distinct advantage over other offshore jurisdictions, which have not imple
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