Governor outlines his vision for the islands

The governor of the Cayman Islands, Stuart Jack, recently outlined his views about how he expects the territory’s financial services to face the considerable economic challenges presented by the global financial crisis.

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According to Jack, the role of a governor of an overseas territory is a “strange mix of being powerful and powerless. Constitutionally, I have a lot of power over a lot of things. New laws require my signature. I have a good deal of responsibility for lofty objectives – good governance and law and order.”

He believes the best way for Cayman to withstand economic challenges is to maintain its reputation for quality. He says this means “adapting to the changing needs and perceptions of our

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