Both the Cayman Islands and the British Virgin Islands have established themselves as sophisticated international financial services centers.  Each jurisdiction focuses on high end institutional business and offers efficient, tax neutral platforms for structures formed to facilitate international capital investments and projects across the world.  The professional infrastructure is state of the art, the environments offer political and economic stability and both jurisdictions adhere to the latest international regulations and the prevention of cross border financial crime and corruption through their financial regulators.  The Cayman Islands are acknowledged to be the leading jurisdiction for structured finance issuers and investment funds.  The British Virgin Islands are recognized as having one of the most innovative corporate regimes available to investors globally and that jurisdiction alone facilitates an enormous amount of foreign direct investment into developed and developing economies through its’ corporate entities.  Both jurisdictions have led the way internationally amongst international financial services centers with aggressive AML and ATF legislation (that rivals the regimes of the UK and the US, amongst others).  With full compliance with the US Foreign Account Tax Compliance Act (FATCA) and the automatic exchange of information under the CRS rules established by the OECD (with over 100 foreign jurisdictions participating) in relation to foreign owned accounts and entities, both jurisdictions have, on a truly global scale, played a critical role in the prevention of international tax evasion and crime.  Most recently the Cayman Islands and the British Virgin Islands have led the way with advanced adoption of legislation to assist the OECD Base Erosion and Profit Shifting standards in respect of geographically mobile activities.  The jurisdictions are recognized as being indispensable to the effective functioning of the international financial markets and global investment.