AGP Executive Report
Last update: 6 hours agoPrivy Council Fight in Telecom: C3 Pure Fibre (Infinity Broadband) says it will seek leave to appeal to the UK Privy Council after the Cayman Islands Court of Appeal ruled OfReg’s historical ICT licence fees were lawful, as the regulator pursues more than CI$500,000 and C3 argues fees should have been set transparently via regulations and Gazette publication. Climate & Construction Pressure: The Cayman Islands National Weather Service reports record-breaking August heat and very low rainfall, with El Niño blamed for hot, dry conditions—an environment that adds strain as local projects already face cost shocks. ICT Sector Legal Fees: The dispute centers on whether OfReg could determine and collect licence fees through individual licence agreements rather than prescribed regulations, with C3 pointing to gaps in the statutory framework before corrective legislation. Reinsurance Industry Calendar: CIRCA opened early-bird registration for ReConnect 2027 (15–16 April 2027, Ritz-Carlton Grand Cayman), positioning it as a discussion-first forum on reinsurance regulation, capital and risk. Premier’s Office Leadership: Dr Karie Bergstrom was appointed Chief of Staff to Premier André Ebanks effective 1 October 2026, bringing professional and financial services leadership experience to coordinate policy implementation. Local Talent & Education: IMAC named 2026 scholarship recipients across fields including mechanical engineering, accountancy/data science, finance and film production, continuing a fund that has supported more than 90 Caymanian students since 1994. Industry & Infrastructure Deals: Cayman-linked corporate activity continues with OceanLight units set to separately trade on Nasdaq, while multiple engineering and energy-focused business combinations target Nasdaq listings in 2027.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.