Inaugural financial services event to bring industry experts and government officials together to focus on the jurisdiction’s strategic outlook

29 June 2021, 05:01 AM

Business

Spectrum, a new financial services conference will be launching this year with a focus on the medium term outlook for the Cayman Islands financial services industry.

The inaugural event will be held on July 22^nd 2021, in partnership with the Ministry of Financial Services. This year’s Spectrum will feature key industry experts and senior government officials in a broad-based forum which will involve discussions surrounding the opportunities and challenges facing the sector as a whole.

The event is organized by local consulting firm FTS. “With our borders closed this first event will take the opportunity to focus inward and add value by assessing how we can make our financial services industry even stronger and more sustainable over the longer term”, said Mr. Paul Byles, Director of FTS.

Newly elected Minister of Financial Services, the Hon. André Ebanks, who will be speaking at the event said, “The Spectrum conference is an ideal opportunity for senior industry stakeholders and public sector representatives to take stock and plan the future state of one of the key pillars of our economy. I’m looking forward to a robust, forthright and forward-looking exchange of views.

“Because the Ministry considers the conference to be a stakeholder consultation event, we will take these views into account as we evaluate our current short- and medium-term plans for financial services,” Minister Ebanks said. “Government is keen to ensure that Cayman’s financial services regime meets global standards, and also provides for our local needs.”

This year’s Spectrum is aimed primarily at partners and management level staff within the financial services sector and presentations will cover the state of various sub sectors within the financial services industry as well as key policy issues such as the G7’s proposed global tax initiative and the long term regulatory outlook for the Cayman Islands. Panel discussions will zoom in on the challenges and opportunities facing investment funds, trusts, insurance, banking and other areas.

Spectrum is an all-day event and will be held at the Kimpton Seafire Resort on July 22^nd. Further information on registering or sponsoring the event can be obtained at www.spectrum.ky or by calling 345 623 6709.