Cayman Islands tax 'one of the best regulated in world'
12 February 2014 Last updated at 13:34 GMT
The Premier of the Cayman Islands, Alden McLaughlin, has told the BBC the territory has one of the best regulated tax systems in the world.
Speaking on BBC HARDtalk, he told Stephen Sackur the British Overseas Territory has been heavily scrutinised by international agencies and did not deserve its image as a shady tax haven.
You can see the full interview on BBC World News at 16:30 and 21:30 GMT on Wednesday 12 February 2014 and on BBC News Channel on Thursday 13 February at 00:30 and 04:30 GMT.