Cayman NetNews has to be the best news outlet in any small island tax haven in the world. Amazingly, it has a frank and open approach to what happens in its community that involves a fair degree of self appraisal. This is not a trait I associate with many of its competitors in the tax haven world.

Its editorial of 15 January is a good example. It says:

[W]e have called many times for more stringent regulation of the financial sector in order to head-off the sort of scandals that arise with distressing regularity.

And, to its credit it then lists them.

I do not agree with all it says. But I can respect it because its analysis is reasoned, and backed with fact. I like that.