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How do the Cayman Islands get its name as an international financial center?

The Cayman Islands are known to most people as a tourist destination but to businessmen and investors, Cayman Islands ranked 6th place as one of the international financial in the world with many law and accountancy firms, along with the Big 4’s offices located on the Cayman Islands which further boost the financial services industry of the Cayman Islands.

To continue being ahead of the market requirements as one of the leading international financial centers, the Cayman Islands government introduced the Cayman Islands Monetary Authority (CIMA) and Mutual Funds Law in regards of money laundering and tech risk, which earn the respects from the international financial community for the emphasis and oversight of compliance of the Cayman Islands financial services industry.

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