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EDITORIAL

Accountability for Cayman’s Vital Financial Service Sector

Friday, June 18, 2004

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Reader comments:

  • More power to Cayman Net News for raising these issues! As part of the grassroots AND the financial sector, in my opinion many of the foreign firms and individuals running them have for too long been using the Cayman Islands merely to line their own pockets, regardless of the impact of negative events and publicity on the reputation of the Islands and the people. When something goes wrong and innocent investors and creditors are defrauded, I haven’t noticed a stampede of bankers, lawyers and accountants eager to hand back the money they have made from the people who have lost it. This is partly the Government’s fault for not, as you say, holding the financial sector more accountable for the things that do go wrong - Anonymous

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