London Daily

Focus on the big picture.
Thursday, Oct 02, 2025

UK rep takes ‘Cayman’ to Labour Party Conference

UK rep takes ‘Cayman’ to Labour Party Conference

André Ebanks, the Cayman Islands London representative, and Cayman Finance CEO Jude Scott attended the Labour Party Conference in Brighton this week to promote the idea of tax neutrality among a rather hostile group, while their ministry and private sector colleagues were rubbing shoulders with royalty and wealth in Monaco. As the first time the Cayman government has organised an event at the Labour Conference, it provided an opportunity to speak with those still skeptical about the offshore sector here.

A fringe event to discuss methods of taxation, including Cayman’s tax neutral regime, was hosted by the Cayman delegation and moderated by Prospect Magazine. The event involved a chaired discussion between Catherine West, MP for Hornsey and Wood Green in Greater London, and Scott, discussing

Officials stated in a release that Scott outlined the facts about tax neutrality for the audience of Labour supporters and clarified Cayman’s process for verifying and sharing ownership information versus self-reporting public registers.

“I was very pleased that the Cayman Islands Government Office in the UK presented the opportunity to engage with such a well respected MP in this forum; a lot of good even-handed dialogue and discussion took place,” Scott said. “We were able to reinforce the great track record and the benefits of our tax neutral regime globally to a traditionally doubtful audience. The conversation today was balanced and informed, and I was pleased to be able to neutralise some of the historic scepticism.”

Scott said that he wanted to send the message that Cayman’s representatives are available and willing to continue to engage and be a part of this conversation.

Meanwhile, at the conference itself, Ebanks met with Gibraltar and Falkland Islands representatives and discussed mental health issues with Mental Health First Aid England. He also met with Jonathan Reynolds MP, Shadow Economic Secretary to the Treasury.

“My first month in the post is off to a spirited start,” said Ebanks, who was posted to London this summer. He replaced Eric Bush, who is now the chief officer in the new ministry of trade that has been created to deal with international commerce. It falls under the premier’s portfolio and includes the London office.

“Attendance at the Labour Party Conference has been invaluable this year combined with our first ever fringe event in conjunction with Cayman Finance, we are ensuring that we have a much greater presence and are at the forefront of political discussions concerning our financial services,” Ebanks said. “We are delighted to have had the support from Cayman Finance and that Catherine West MP was willing to engage and discuss these important topics in a constructive and open manner. We very much look forward to further types of engagement like this to continue the conversation,” he added.

Given the current political turmoil in the UK and the Conservative government’s precarious position, as well as the continued uncertainty over Brexit, a general election is almost certainly on the cards for the UK before the end of this year. While the polls indicate that Labour is training the Tory Party, the shifting sands of British politics opens the possibility of Labour leading a coalition government.

While the Cayman government and the financial services sector have had traction with their message about Cayman among Conservative members, they need to win new friends in the Labour Party.

Without some influence among MPs in a party that has always been more hostile to the concept of offshore finance than their Tory colleagues, the sector could be in for an even more challenging time next year than it already is in meeting FATF recommendations, dodging blacklists and planning for open beneficial ownership registers.

Newsletter

Related Articles

0:00
0:00
Close
Trump Administration Launches “TrumpRx” Plan to Enable Direct Drug Sales at Deep Discounts
Trump Announces Intention to Impose 100 Percent Tariff on Foreign-Made Films
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Singapore and Hong Kong Vie to Dominate Asia’s Rising Gold Trade
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Manhattan Sees Surge in Office-to-Housing Conversions, Highest Since 2008
Switzerland and U.S. Issue Joint Assurance Against Currency Manipulation
Electronic Arts to Be Taken Private in Historic $55 Billion Buyout
Thomas Jacob Sanford Named as Suspect in Deadly Michigan Church Shooting and Arson
Russian Research Vessel 'Yantar' Tracked Mapping Europe’s Subsea Cables, Raising Security Alarms
New York Man Arrested After On-Air Confession to 2017 Parents’ Murders
U.S. Defense Chief Orders Sudden Summit of Hundreds of Generals and Admirals
Global Cruise Industry Posts Dramatic Comeback with 34.6 Million Passengers in 2024
Trump Claims FBI Planted 274 Agents at Capitol Riot, Citing Unverified Reports
India: Internet Suspended in Bareilly Amid Communal Clashes Between Muslims and Hindus
Supreme Court Extends Freeze on Nearly $5 Billion in U.S. Foreign Aid at Trump’s Request
Archaeologists Recover Statues and Temples from 2,000-Year-Old Sunken City off Alexandria
China Deploys 2,000 Workers to Spain to Build Major EV Battery Factory, Raising European Dependence
Speed Takes Over: How Drive-Through Coffee Chains Are Rewriting U.S. Coffee Culture
U.S. Demands Brussels Scrutinize Digital Rules to Prevent Bias Against American Tech
Ringo Starr Champions Enduring Beatles Legacy While Debuting Las Vegas Art Show
Private Equity’s Fundraising Surge Triggers Concern of European Market Shake-Out
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
FBI Removes Agents Who Kneeled at 2020 Protest, Citing Breach of Professional Conduct
Trump Alleges ‘Triple Sabotage’ at United Nations After Escalator and Teleprompter Failures
Shock in France: 5 Years in Prison for Former President Nicolas Sarkozy
Tokyo’s Jimbōchō Named World’s Coolest Neighbourhood for 2025
European Officials Fear Trump May Shift Blame for Ukraine War onto EU
BNP Paribas Abandons Ban on 'Controversial Weapons' Financing Amid Europe’s Defence Push
Typhoon Ragasa Leaves Trail of Destruction Across East Asia Before Making Landfall in China
The Personality Rights Challenge in India’s AI Era
Big Banks Rebuild in Hong Kong as Deal Volume Surges
Italy Considers Freezing Retirement Age at 67 to Avert Scheduled Hike
Italian City to Impose Tax on Visiting Dogs Starting in 2026
Arnault Denounces Proposed Wealth Tax as Threat to French Economy
Study Finds No Safe Level of Alcohol for Dementia Risk
Denmark Investigates Drone Incursion, Does Not Rule Out Russian Involvement
Lilly CEO Warns UK Is ‘Worst Country in Europe’ for Drug Prices, Pulls Back Investment
Nigel Farage Emerges as Central Force in British Politics with Reform UK Surge
Disney Reinstates ‘Jimmy Kimmel Live!’ after Six-Day Suspension over Charlie Kirk Comments
U.S. Prosecutors Move to Break Up Google’s Advertising Monopoly
Nvidia Pledges Up to $100 Billion Investment in OpenAI to Power Massive AI Data Center Build-Out
U.S. Signals ‘Large and Forceful’ Support for Argentina Amid Market Turmoil
Nvidia and Abu Dhabi’s TII Launch First AI-&-Robotics Lab in the Middle East
Vietnam Faces Up to $25 Billion Export Loss as U.S. Tariffs Bite
Europe Signals Stronger Support for Taiwan at Major Taipei Defence Show
Indonesia Court Upholds Military Law Amid Concerns Over Expanded Civilian Role
Larry Ellison, Michael Dell and Rupert Murdoch Join Trump-Backed Bid to Take Over TikTok
Trump and Musk Reunite Publicly for First Time Since Fallout at Kirk Memorial
Vietnam Closes 86 Million Untouched Bank Accounts Over Biometric ID Rules
×