Why is Cayman Islands high risk?


Why is Cayman Islands high risk? The Cayman Islands remains a high-risk jurisdiction for money laundering. The Cayman Islands has an established anti-money laundering/combating the financing of terrorism/counter-proliferation financing (AML/CFT/CFP) regime. The government is committed to strengthening its AML/CFT/CFP framework.


Is crime bad in Cayman Islands?

Violent crime in the Cayman Islands is very low compared to other Caribbean islands. Virgin Islands (U.S.) It is important to note that all of the homicides in the Cayman Islands are committed between locals, and not towards tourists.


Why is Cayman Islands so popular?

The Cayman Islands are renowned for their pristine beaches. Lining Grand Cayman, the most famous is award winning, Seven Mile Beach. If you're looking to stay amongst the restaurants, shops and amenities on the island without renting a car then Seven Mile is for you.


What are the downsides of the Cayman Islands?

Cons: Very expensive, too built up (in some areas)which can lead to crowds & traffic(but easy to avoid), flat & not very picturesque (unless you're on the beach), crappy exchange rate. agree with all the previous poster's pros... beautiful, crystal clear water, easy to deal with...


When not to go to the Cayman Islands?

A Mighty Wind: Hurricanes on the Cayman Islands -- The curse of Cayman weather -- the hurricane season -- lasts officially from June 1 to November 30. But there's no cause for panic: Satellite forecasts give enough warning that safety precautions can be taken if a storm strikes during your visit.


Where should I avoid in Grand Cayman?

Grand Cayman safety is something that almost all first time visitors think about. Fortunately, there aren't any areas that you need to actively avoid.


Is Grand Cayman safer than Jamaica?

If you want to travel around the island in safety the choice is easily the Cayman Islands. In Jamaica, you have to stay at your resort. The great thing about Grand Cayman is that you and your family can sit anywhere on Seven Mile Beach and not be bothered by a vendor, beggar or hair braider.