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We are Ready, says Governor

HE the Governor Mr Stuart Jack

Statement by HE the Governor Stuart Jack CVO

Tropical Storm/Hurricane Paloma

7 November 2008

A hurricane warning has been issued for the Cayman Islands as of yesterday afternoon. Government, as well as our financial and business communities are ready.

To the people of the Cayman Islands, I trust that you are already well prepared. Please use these last few hours before the storm to finalise your preparations.

And to our partners and friends overseas, I can assure you that our business continuity plans for the financial services sector are fully operational. It is anticipated that, similar to other storm threats that Cayman has experienced, our financial services industry will continue meeting the needs of the global markets without disruption.

Many of the larger professional services firms are housed in state-of-the-art, well-built commercial buildings. These can also be used as shelters for staff and their families, further ensuring continuity.

Post event, a number of firms are prepared to move operations and staff, if necessary, to other sites within their networks. Many private-sector firms also employ disaster recovery centres, as do government agencies that support and regulate the financial sector.

These will assist them in securing data and ensuring fully-operational, connected working environments, in the event of damage to physical offices.

I am also pleased to report that members of the Royal Cayman Islands Police Service are standing by, and that all off-duty officers are on call. All of government's Hazard Management sub-committees are on full active duty.

Furthermore, the UK Government is on standby to assist, and a Royal Navy ship will soon arrive, in order to provide humanitarian assistance should it be needed.

Our residents, also, are preparing in earnest. This multilevel preparedness - business, government, and residents - works together, for the continued strength of the country.

Be assured that we are well prepared for Paloma. The Cayman Islands has a record of maintaining continuity of service, and of getting up and running in short order after a storm. We trust that this time will be no different.

I wish everyone in the Cayman Islands all the best, as we approach this storm with our characteristic resilience and preparedness.

For further information contact: Angela Piercy