You can take all the exceptions you wish, but the truth is while its a great spot for certain legitimate above board financial vehicles, its also a tax haven. T

You can take all the exceptions you wish, but the truth is while its a great spot for certain legitimate above board financial vehicles, its also a tax haven. The two can in fact cohabitate, and in the case of the Caymans, do. Caymans in particular has a decent level of transparency around trusts and the like, but its banking system still records the de-minimus KYC it can get away with (including uneven FATF compliance).