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International Monetary Fund

effective implementation of its regime . CIMA staff conduct business in a thorough, disciplined and transparent way. Following on from the recommended risk assessment, it is important that the regime becomes more closely tailored to the risks created in the circumstances of the Cayman Islands, and that CIMA is prepared to take tough decisions. This is a capacity CIMA will need as it moves forward. V. I nvestments F unds and S ecurities 16. The jurisdiction is home to the largest number of investment funds in the world . As at the end of 2008, there were 9