US Treasury Secretary Scott Bessent met with Premier and Minister for Financial Services and Commerce André Ebanks in Washington.
Premier and Minister for Financial Services and Commerce André Ebanks has concluded a series of meetings in Washington, D.C., with senior US government officials, lawmakers and financial services stakeholders aimed at strengthening economic and regulatory ties between the Cayman Islands and the United States.
The visit formed part of the Cayman Islands Government’s efforts to promote understanding of the jurisdiction’s regulatory framework and its role in supporting US investment and capital markets. Officials said the discussions focused on financial services, investment and regulatory cooperation between the two countries.
A key meeting during the trip was with US Treasury Secretary Scott Bessent. According to the government, discussions covered Cayman’s position as an international financial centre, cross-border financial services issues, and developments in private credit and reinsurance markets. The premier also met with Ken Kies, assistant secretary for tax policy at the US Department of the Treasury, to discuss international tax policy and cross-border investment matters.
Representatives from the Cayman Islands Monetary Authority, led by CEO Cindy Scotland, accompanied the delegation and participated in technical discussions with the Federal Insurance Office on insurance regulation, reinsurance, private credit and alternative assets. Meetings were also held with officials at the US Department of State covering anti-money laundering, counter-terrorist financing and international cooperation frameworks.
The delegation met with members of Congress, including Reps. Greg Steube, Pete Sessions, Claudia Tenney and Mike Haridopolos, as well as senior congressional staff from the Senate Finance Committee and leadership offices in both chambers. Discussions focused on tax policy, capital markets, investment flows and other issues affecting the Cayman Islands’ financial services industry.
Government officials also met with representatives from industry organisations and financial institutions, including the American Investment Council, MFA, Citi and the Financial Services Forum. The meetings examined Cayman’s role in supporting US investment and capital formation and broader economic links between the two jurisdictions.
The Washington meetings were the first leg of a broader US visit. The premier’s itinerary continued in Chicago, where discussions were scheduled with stakeholders in the insurance, investment funds and professional services sectors, as well as officials in Illinois.
