Interesting perspective from the acting Information Commissioner as to why a Data Protection Regime is being introduced in the Cayman Islands.
The legislation and accompanying regulations have major implications for local businesses and international firms in Cayman. It is seen as a boon to the financial services industry here, which is keen to access European markets – most of which have been operating under data protection laws since the mid-1990s.
https://www.caymancompass.com/2017/07/12/businesses-urged-to-prepare-for-data-protection-challenges/