GEORGE TOWN, Cayman Islands, CMC – Premier André Ebanks recently led a delegation to New Delhi, India, as part of efforts to “build deeper strategic financial services partnerships” with the country. According to an official release, the mission focused on strengthening regulatory cooperation, enhancing supervisory dialogue, and improving cross-border information sharing.
Officials said the Cayman Islands is seeking long-term, rules-based relationships that support global investment growth while safeguarding the integrity and stability of international financial markets.
“In the case of India, Cayman-registered entities have played a substantial role in facilitating investment,” the release noted, adding that Cayman has contributed more than US$15 billion in cumulative foreign direct investment (FDI) into India since 2000. Many Indian nationals also actively participate in the jurisdiction’s financial services sector.
The visit began at the 18th Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, where Ebanks spoke on a panel discussing tax transparency.
“I was honoured to convey Cayman’s extraordinary evolution as a leading international financial services centre and, importantly, an active, constructive, respected OECD Global Forum partner,” he said, highlighting Cayman’s strong performance in OECD and FATF evaluations.
The delegation then traveled to Mumbai for a series of regulatory meetings with senior officials from the Securities and Exchange Board of India (SEBI) and other key stakeholders. Discussions focused on creating more structured channels for supervisor-to-supervisor engagement, including potential formal cooperation frameworks, enhanced information exchange, and continued dialogue to support effective oversight of cross-border investments.
“Cayman and India share a strong commitment to regulatory excellence,” Ebanks said. “By deepening our partnerships and expanding cooperation between our authorities, we can support sound business, reinforce market confidence, and deliver mutual economic benefit.”
The delegation also met with representatives from GIFT City, India’s international financial services centre, and the International Financial Services Centres Authority (IFSCA).
Talks explored collaborative initiatives to enable more efficient and well-regulated investment flows, aligning with Cayman’s broader strategy of working with emerging global financial hubs to promote interoperability and responsible innovation.
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