International Relations. DESCRIPTION Activities that address threats and opportunities to the Cayman Islands financial services industry. QUANTITY 1 8 – 15 1 8 – 15 N/A N/A Number of Research Projects Number of international industry stakeholder meetings QUALITY 100% 100% 100% 100% N/A N/A Research Projects conducted by reputable individuals according to well-defined research parameters. Stakeholder meetings arranged to address topical issues and according to strategy agreed with Ministry. TIMELINESS 100% 100% 100% 100% N/A N/A Research timed to allow for maximum participation Stakeholder meetings scheduled to coincide with roadshows when practical LOCATION 100% 100% N/A Cayman Islands and Europe RELATED BROAD OUTCOME: A Strong Economy to Help Families and Business DESCRIPTION Activities that proactively promote the competitive advantages of the Cayman Islands financial services industry, reinforce the jurisdictional brand, and attract appropriate business for the jurisdiction. Number of International Roadshows Number of advertisements in international publications QUALITY 100% 100% 100% 100% N/A N/A Roadshows will involve coordinated attendance by multiple stakeholders, engaging with clients and media in target jurisdictions, with detailed itineraries coordinated with the Ministry. Advertisements will utilize messaging agreed with the Ministry and placed in publications appropriate for the relevant industry sectors. TIMELINESS 100% 100% 100% 100% N/A N/A Roadshows scheduled to allow for Ministry participation. Advertisements scheduled to maximize positive exposure for the jurisdiction. LOCATION 100% 100% N/A USA, Europe and Asia RELATED BROAD OUTCOME: A Strong Economy to Help Families and Business DESCRIPTION Activities that are designed to raise the awareness and understanding of the financial services industry with domestic stakeholders, and which contribute to pathways to future career opportunities for young Caymanians. Number of Student Education and Work Experience Programmes Number of Local Events and Seminars Number of Local Awareness Campaigns QUALITY 100% 100% 100% 100% 100% 100% N/A N/A N/A Student Programmes will involve facilitated workshops, mentorship opportunities, and coordinated work experience for a minimum of 50 students. Local Event will provide an opportunity for all local stakeholders to learn more about the financial services industry in accordance with jointly agreed messaging. Awareness Campaigns will use a variety of media to clearly and succinctly explain the importance of the financial services industry to the general public, but with final sign-off from the Ministry. TIMELINESS 100% 100% 100% 100% 100% 100% N/A N/A N/A Student Programmes organized at end of school year to allow for maximum availability of participants. Local event scheduled with input from Ministry. Local awareness campaign to run over the course of each year. LOCATION 100% 100% N/A Cayman Islands RELATED BROAD OUTCOME: A Strong Economy to Help Families and Business Cabinet will pay Cayman Finance for delivery of the outputs described in Section 2 of this Agreement. Payments will be made on the basis of an invoice provided quarterly to the Minister of Financial Services and Home Affairs by Cayman Finance. The invoice will contain sufficient evidence of the outputs delivered for the Minister to be satisfied that the outputs have in fact been delivered. Invoices will be paid within 20 days of the end of each month following the invoice date.
Appears in 1 contract
Sources: Purchase Agreement
International Relations. DESCRIPTION Activities that address threats and opportunities to the Cayman Islands financial services industry, including but not limited to: (a) Briefing Ministry on International Relations Matters; (b) Developing relationships and dialogue with CF international peer groups; (c) Active engagement in international forums; (d) International media monitoring and reporting. QUANTITY 1 8 – 15 1 8 – 15 N/A N/A • Number of Research Projects • Number of international industry stakeholder meetings QUALITY 100% 100% 100% 100% N/A N/A • Research Projects conducted by reputable individuals according to well-defined research parameters. • Stakeholder meetings arranged to address topical issues and according to strategy agreed with Ministry. TIMELINESS 100% 100% 100% 100% N/A N/A • Research timed to allow for maximum participation • Stakeholder meetings scheduled to coincide with roadshows when practical LOCATION 100% 100% N/A • Cayman Islands and Islands, USA, Europe RELATED BROAD OUTCOME: A Strong Economy to Help Families and Business DESCRIPTION Activities that proactively promote the competitive advantages of the Cayman Islands financial services industry, reinforce the jurisdictional brand, and attract appropriate business for the jurisdiction, including but not limited to: (a) Speaking engagements at International Conferences; (b) Meetings with internal stakeholders, media, influencers, peer international groups; (c) Coordinating responses to media requests/interviews; and (d) Responding and managing reactionary media responses in event of negative publicity. • Number of International Roadshows • Number of advertisements in international publications QUALITY 100% 100% 100% 100% N/A N/A • Roadshows will involve coordinated attendance by multiple stakeholders, engaging with clients and media in target jurisdictions, with detailed itineraries coordinated with the MinistryMinistry where possible. • Advertisements will utilize messaging agreed with the Ministry and placed in publications appropriate for the relevant industry sectors. TIMELINESS 100% 100% 100% 100% N/A N/A • Roadshows scheduled to allow for Ministry participationparticipation wherever possible. • Advertisements scheduled to maximize positive exposure for the jurisdiction. LOCATION 100% 100% N/A • USA, Europe and Asia RELATED BROAD OUTCOME: A Strong Economy to Help Families and Business DESCRIPTION Activities that are designed to raise the awareness and understanding of the financial services industry with domestic stakeholders, and which contribute to pathways to future career opportunities for young Caymanians. • Number of Student Education and Work Experience Programmes • Number of Local Events and Seminars • Number of Local Awareness Campaigns QUALITY 100% 100% 100% 100% 100% 100% N/A N/A N/A • Student Programmes will involve facilitated workshops, mentorship opportunities, and coordinated work experience for a minimum of 50 students. • Local Event will provide an opportunity for all local stakeholders to learn more about the financial services industry in accordance with jointly agreed messaging. • Awareness Campaigns will use a variety of media to clearly and succinctly explain the importance of the financial services industry to the general public, but with final sign-off from the Ministry. TIMELINESS 100% 100% 100% 100% 100% 100% N/A N/A N/A • Student Programmes organized at end of school year to allow for maximum availability of participants. • Local event scheduled with input from Ministry. • Local awareness campaign to run over the course of each year. LOCATION 100% 100% N/A • Cayman Islands RELATED BROAD OUTCOME: A Strong Economy to Help Families and Business Cabinet will pay Cayman Finance for delivery of the outputs described in Section 2 of this Agreement. Payments will be made on the basis of an invoice provided quarterly to the Minister of Financial Services and Home Affairs by Cayman Finance. The invoice will contain sufficient evidence of the outputs delivered for the Minister to be satisfied that the outputs have in fact been delivered. Invoices will be paid within 20 days of the end of each month following the invoice date. Cayman Finance undertakes to deliver the agreed outputs as set out in Section 2 to the best of its ability and, provided that the outputs are delivered as specified, the Cabinet agrees to pay for those outputs in accordance with the payment schedule set out in Section 3.
Appears in 1 contract
Sources: Purchase Agreement