#BTEditorial - What is reasonable regulation?

The mass media has been accused of heavily influencing perceptions about what is reality and what is not. Take for example, those popular movies and investigative television series in which the Caribbean, particularly, the Cayman Islands, are portrayed as places to “hide dirty money”.And though the region has long ditched any banking secrecy laws that may have existed, some people still believe that you can secretly park millions of dollars in ill-gotten gains, or even hide wealth from your spouse or business partners, in offshore accounts in the region, and no one would know.That is the perception. And while it may be possible to carry out…