Cayman braces for tough measures

The Cayman Islands is among several Caribbean offshore financial sectors bracing for tougher measures on tax havens.



The new rules are expected to come out of Thursday\'s summit of rich nations known as the G20 Group being held in London.



Officials in the Caymans have said that their territory\'s financial services sector is transparent and cooperative.



Although the Caymans recently signed a tax information sharing agreements with 15 European countries, the authorities are worried about the new regulations that could come out of the London Summit.



Caymanians have been reported as saying they feel their territory is being deliberately targeted.