London Daily

Focus on the big picture.
Thursday, Jul 10, 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
Severe Heatwave Claims 2,300 Lives Across Europe
NVIDIA Achieves Historic Milestone as First Company Valued at $4 Trillion
Declining Beer Consumption Signals Cultural Shift in Germany
Linda Yaccarino Steps Down as CEO of X After Two Years
US Imposes New Tariffs on Brazilian Exports Amid Political Tensions
Azerbaijan and Armenia are on the brink of a historic peace deal.
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Weinstein Victim’s Lawyer Says MeToo Movement Still Strong
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
Football Mourns as Diogo Jota and Brother André Silva Laid to Rest in Portugal
Labour Expected to Withdraw Support for Special Needs Funding Model
Leaked Audio Reveals Tory Aide Defending DEI Record
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
London Stock Exchange Faces Historic Low in Initial Public Offerings
A new online platform has emerged in the United Kingdom, specifically targeting Muslim men seeking virgin brides
Trump Celebrates Independence Day with B-2 Flyover and Signs Controversial Legislation
Boris Johnson Urges Conservatives to Ignore Farage
SNP Ordered to Update Single-Sex Space Guidance Within Days
Starmer Set to Reject Calls for Wealth Taxes
Stolen Century-Old Rolls-Royce Recovered After Hotel Theft
Macron Presses Starmer to Recognise Palestinian State
Labour Delayed Palestine Action Ban Over Riot Concerns
Swinney’s Tax Comments ‘Offensive to Scots’, Say Tories
High Street Retailers to Enforce Bans on Serial Shoplifters
Music Banned by Henry VIII to Be Performed After 500 Years
Steve Coogan Says Working Class Is Being ‘Ethnically Cleansed’
Home Office Admits Uncertainty Over Visa Overstayer Numbers
JD Vance Questions Mandelson Over Reform Party’s Rising Popularity
Macron to Receive Windsor Carriage Ride in Royal Gesture
Labour Accused of ‘Hammering’ Scots During First Year in Power
BBC Head of Music Stood Down Amid Bob Vylan Controversy
Corbyn Eyes Hard-Left Challenge to Starmer’s Leadership
London Tube Trains Suspended After Major Fire Erupts Nearby
Richard Kemp: I Felt Safer in Israel Under Attack Than in the UK
Cyclist Says Police Cited Human Rights Act for Riding No-Handed
China’s Central Bank Consults European Peers on Low-Rate Strategies
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Musk Battles to Protect Tesla Amid Trump Policy Threats
Air France-KLM Acquires Majority Stake in Scandinavian Airlines
UK Educators Sound Alarm on Declining Child Literacy
Shein Fined €40 Million in France Over Misleading Discounts
Brazil’s Lula Visits Kirchner During Argentina House Arrest
Trump Scores Legislative Win as House Passes Tax Reform Bill
Keir Starmer Faces Criticism After Rocky First Year in Power
DJI Launches Heavy-Duty Coaxial Quadcopter with 80 kg Lift Capacity
U.S. Senate Approves Major Legislation Dubbed the 'Big Beautiful Bill'
Largest Healthcare Fraud Takedown in U.S. History Announced by DOJ
×