Tara RiversMinister for Financial Services at Cayman Islands Government
The Honourable Tara Rivers, JP, MLA was given ministerial responsibilities for financial services following her re-election to the Cayman Islands Legislative Assembly in May 2017. She is the first woman to have held this position.
Agencies under her remit are the Department of Financial Services Policy and Legislation; General Registry; and the Department for International Tax Cooperation.
Minister Rivers also has responsibility for the jurisdiction’s financial services regulator, the Cayman Islands Monetary Authority (CIMA); the Auditors Oversight Authority; and the Cayman Islands Stock Exchange.
Since taking up her post, Minister Rivers has led efforts to engage with local industry, international policy makers in the US, UK, EU and Asia, and other local and international stakeholders on a number of key financial services issues.
For four years following her election in May 2013, Minister Rivers had responsibility for education, employment and gender affairs. She was instrumental in helping the Government develop and implement a significantly enhanced education legislative framework and system-wide reviews, which led to a number of targeted education initiatives and significantly increased resources for public education. During her tenure, the first ever National Minimum Basic Wage for the Cayman Islands was introduced; and she successfully piloted the extension of the UN Convention on the Elimination of all Forms of Discrimination Against Women (CEDAW) to the Cayman Islands.
Prior to her election in May 2013, Minister Rivers was a structured finance and corporate lawyer, having studied and practiced law at a leading global law firm in London (UK), a preeminent Canadian law firm in Toronto, as well as at a leading law firm in the Cayman Islands.
Minister Rivers is a qualified attorney eligible to practice law in multiple jurisdictions. She holds a Bachelor of Arts degree in psychology from Brandeis University in Boston, Mass.; and a law degree from Osgoode Hall Law School, and an MBA from the Schulich School of Business, both from York University in Toronto, Canada.