AGP Executive Report

Cayman Policy & Health: The Cayman Islands has published its first National Cancer Policy, setting a national framework to standardise cancer prevention, screening and early detection (starting with bowel, female breast and cervical screening) using UK NICE guidance. Cayman Housing & Transport: A public consultation is open on draft Residential and Tenancies (Amendment) Bill changes aimed at modernising outdated 2009 legislation amid the housing crisis, while the government has delayed key transport procurement and consultant work for a modern national transport system. Local Conservation: The National Trust broke ground on a new Blue Iguana Conservation office and laboratory at the Queen Elizabeth II Botanic Park, adding a dedicated lab, education space and facilities for the programme’s long-running care and research. Industry & Talent: Dart’s 2026 Work-X programme placed 31 Caymanian students into hands-on roles across 13 business areas, including IT and investment research. Regional Business: Caribbean Cement says it could resume regional exports as early as September, targeting the Cayman Islands and The Bahamas once Jamaica demand is met. Crypto & Finance (Cayman-linked): BTCC, based in Cayman, is a Platinum Sponsor for TOKEN2049 Singapore and is pushing its “0-Barrier Trading” theme. Energy/AI Infrastructure: Oxbridge Re launched AI GridWorks, an AI data-centre development and ownership platform, with Cayman-based roots.

Cayman Housing Reform: The Cayman Islands Government has opened a public consultation on draft Residential and Tenancies (Amendment) Bill, 2023, seeking feedback until 20 September before any changes move through the policy and legislative process. Transport Procurement Delay: The Ministry has pushed back procurement for consultants to deliver the Final Business Case and full design for a modern national transportation system, citing the need for internal approvals, with related merger work also delayed. Cancer Screening Standardisation: Cayman has published its first National Cancer Policy to standardise prevention, screening and care, starting with bowel, female breast and cervical cancer, using UK NICE guidance as a baseline. Blue Iguana Conservation Boost: The National Trust broke ground on a new Blue Iguana Conservation office and laboratory at the Queen Elizabeth II Botanic Park, adding a dedicated lab, education space and facilities to strengthen research and care. NAIC Insurance Bid: André Ebanks says Cayman has submitted an application for NAIC Qualified Jurisdiction Status, aiming to deepen US insurance and reinsurance engagement. Aviation Expansion: Cayman Airways will extend its nonstop Austin, Texas service and add a second weekly flight in peak periods through 2027. Digital Assets & Compliance: Nigeria’s SEC admitted Blockchain.com into its regulatory sandbox and ordered capital market operators to freeze assets tied to designated terrorism financiers. Crypto Exchange Presence: BTCC, a Cayman-based exchange, announced Platinum sponsorship of TOKEN2049 Singapore with its “0-Barrier Trading” theme. Industry & Food Security: Trinidad and Tobago’s Farmers’ Union warns chicken shortages could return in 6–12 months without long-term poultry sector fixes, including biosecurity and cost pressures.

Cayman Housing Reform: The Cayman Islands Government has opened a public consultation on draft Residential and Tenancies (Amendment) Bill, 2023, seeking feedback until 20 September before deciding whether further changes should progress—aimed at tackling the housing crisis and updating outdated 2009 law. Transport Procurement Delays: The Ministry of Planning, Lands, Agriculture, Housing and Infrastructure has pushed back key steps toward a modern national transport system, including delayed consultant procurement for the Final Business Case and full system design, citing the need for internal approvals. Cancer Screening Standardisation: Cayman published its first National Cancer Policy to standardise prevention and screening—covering bowel, female breast and cervical cancer—with guidance aligned to UK NICE standards. Blue Iguana Conservation Boost: The National Trust broke ground on a new Blue Iguana Conservation office and laboratory at the Queen Elizabeth II Botanic Park, adding a dedicated lab, education space and collections room to strengthen care and research. Local Skills Pipeline: Dart’s Work-X programme placed 31 Caymanian students into hands-on projects across 13 business areas, including an IT booking solution for Bonny Moon. Industry & Business Watch: Cayman-based Candle Lake has launched a mandatory cash offer for Evolution AB, while Cayman Airways will expand its nonstop Grand Cayman–Austin service for longer periods next year.

Insurance & Regulation: Cayman’s Premier André Ebanks leads a delegation to the US NAIC meeting in Columbus, with the Islands having submitted an application for Qualified Jurisdiction Status—aimed at strengthening insurance and reinsurance ties with US regulators. Housing Policy: The Cayman Islands Government has opened consultation on draft Residential and Tenancies (Amendment) Bill 2023, seeking public input before updating outdated 2009 legislation tied to the housing crisis. Transport Procurement: The Ministry of Planning has delayed key steps in the procurement timetable for consultants to deliver a final business case and full design for a modern national transport system, citing internal approvals. Healthcare Policy: Cayman published its first National Cancer Policy to standardise prevention, screening and care, starting with bowel, female breast and cervical screening. Conservation & Education: The National Trust broke ground on a new Blue Iguana Conservation office and laboratory at the Queen Elizabeth II Botanic Park, adding a dedicated lab, education space and research facilities. Aviation & Tourism: Cayman Airways will expand its Grand Cayman–Austin service, extending the season and adding a second weekly flight from May 2027 through August 2027. Industry & Skills: Dart’s 2026 Work-X programme placed 31 Caymanian students into hands-on projects across 13 business areas, including engineering, finance, IT and hospitality. Crypto & Finance (Global, Cayman-linked): BTCC announced it will sponsor TOKEN2049 Singapore as a Platinum Sponsor, while Cayman-linked Candle Lake launched a mandatory cash offer for Evolution AB; Osiris also entered the Guernsey fiduciary market after securing licences.

Housing & Tenancies Reform: The Cayman Islands Government has opened a public consultation on draft Residential and Tenancies (Amendment) Bill, 2023, seeking feedback before updating outdated 2009 legislation as part of its housing crisis response, with the consultation running until 20 September. Transport Procurement Delays: The Ministry of Planning, Lands, Agriculture, Housing and Infrastructure has pushed back key procurement for consultants to deliver the Final Business Case and full design for a modern national transportation system, citing the need for internal approvals, and also delayed plans to merge transport bodies into a single department. Cancer Care Standardisation: Cayman published its first National Cancer Policy to standardise prevention, screening, early detection, diagnosis and ongoing care, including agreed screening ages and methods for bowel, female breast and cervical cancer. Cayman Airways Route Expansion: Cayman Airways will extend its nonstop Grand Cayman–Austin service, adding a second weekly flight from 26 May 2027 and running the expanded schedule from 20 December through the end of August next year. Insurance Regulation Push: Premier André Ebanks is leading a Cayman delegation to the NAIC summer meeting in Columbus, Ohio, where Cayman has submitted an application for Qualified Jurisdiction Status. Blue Iguana Conservation: The National Trust broke ground on a new Blue Iguana Conservation office and laboratory at the Queen Elizabeth II Botanic Park, adding a dedicated lab, education space and collections room to support the programme’s 36-year work. Industry & Food Security Watch: Farmers’ Union warnings from the region say chicken shortages could return in 6–12 months if poultry sector issues aren’t addressed, with biosecurity and rising costs highlighted. Regional Cement Exports: Caribbean Cement says it may restart regional exports as early as September, targeting the Cayman Islands and The Bahamas once Jamaica’s demand is met. AI Buildathon Momentum: Future Caribbean reports 450-plus builders from 39 countries developing production-ready agentic AI solutions across sectors including logistics and food systems. Digital Finance & Markets: Ethena appointed FalconX as an institutional lending partner for overcollateralised stablecoin credit facilities, while Cayman-based Bullish reported Q2 results and Toobit promoted zero-fee spot trading and copy-trading tournaments.

Housing & Tenancies Reform: The Cayman Islands Government has opened a public consultation on the draft Residential and Tenancies (Amendement) Bill, 2023, seeking feedback before any changes move through the policy and legislative process, with the consultation running until 20 September. Transport Procurement Delays: The Ministry of Planning, Lands, Agriculture, Housing and Infrastructure has pushed back key procurement steps for a modern national transportation system, citing the need for internal approvals, including work on a final business case and system design. AI & Regional Innovation: Future Caribbean says 450-plus builders from 39 countries have entered the build phase of its Agentic AI Buil­dathon, targeting production-ready solutions across areas including logistics, food systems, energy and climate resilience. Cancer Care Standardisation: Cayman has published its first National Cancer Policy to standardise prevention, screening and care, starting with bowel, female breast and cervical screening. Conservation & Education: The National Trust broke ground on a new Blue Iguana Conservation office and laboratory at the Queen Elizabeth II Botanic Park, adding a dedicated lab, education space and collections room. Insurance Regulation Push: Premier André Ebanks leads a Cayman delegation to the NAIC summer meeting in Ohio and says Cayman has submitted an application for Qualified Jurisdiction Status. Aviation Connectivity: Cayman Airways will expand its nonstop Austin service, extending the season through winter and adding a second weekly Wednesday flight during peak summer demand. Digital Assets & Markets: Bullish reported Q2 results, while Toobit highlighted spot growth after launching zero maker/taker fees and announced an August copy trading tournament with a 150,000 USDT prize pool.

Cayman Health Policy: The Cayman Islands has published its first National Cancer Policy, setting out standardised screening ages, intervals and methods for bowel, female breast and cervical cancer, using UK NICE guidance to align clinical pathways across the Islands. Blue Iguana Conservation: The National Trust broke ground on a new Blue Iguana Conservation office and laboratory at the Queen Elizabeth II Botanic Park, adding a dedicated 1,200sqft lab for medical exams, research and education, plus incubators and collections space to strengthen the programme’s “living classroom.” Insurance Regulation: Premier André Ebanks is leading Cayman’s delegation to the NAIC summer meeting in Columbus, Ohio, where the Islands has submitted an application for Qualified Jurisdiction Status to deepen US insurance and reinsurance ties. Air Connectivity: Cayman Airways is extending its nonstop Austin, Texas route from 20 December 2026 through 29 August 2027 and adding a second weekly Wednesday flight during peak summer demand. Water Infrastructure: Consolidated Water reported Q2 2026 results, with revenue down 2% to $32.9m, but bulk revenue up 20% tied to energy-related work and new seawater desalination plants. Crypto & Fintech: Toobit says its zero-fee spot trading rollout is driving an 18% jump in spot volume and a 25% rise in first-time spot traders, while also launching an August copy trading tournament with a $150,000 prize pool. Regulatory Leadership: URCO has appointed Sonji Myles as Chief Executive Officer following a competitive recruitment process.

Aviation & Tourism: Cayman Airways is extending its nonstop Grand Cayman–Austin route after strong demand, adding a winter/spring season run from 20 Dec 2026 to 29 Aug 2027 and a second weekly Wednesday flight during peak summer 2027. Insurance & Reinsurance: Premier André Ebanks leads Cayman’s delegation to the NAIC summer meeting in Columbus, Ohio, where the Islands has submitted an application for Qualified Jurisdiction Status—aimed at strengthening ties with US regulators that underpin most of Cayman’s reinsurance business. Regulation & Utilities: The Utility Regulation and Competition Office (URCO) confirms Sonji Myles as CEO after a competitive recruitment process, following his more than two years as interim. Water Infrastructure: Consolidated Water reports Q2 2026 results, with revenue down 2% to $32.9m, but bulk revenue up 20% on energy-related work and new desalination plants in The Bahamas. Conservation & Education: The National Trust breaks ground on a new Blue Iguana Conservation office and lab at the Queen Elizabeth II Botanic Park, adding medical exam space, research facilities, and a stronger “living classroom” for students. AI & Data Centers: Oxbridge Re Holdings launches AI GridWorks to develop, own and operate AI data centers (10–100 MW projects, initial focus ~50 MW), signaling more Cayman-linked corporate activity in tech infrastructure. Agriculture & Cold Chain: Ming Shing Group signs a stock purchase agreement to acquire Meals Through Seasons, tied to graphene thermal management for facility agriculture and cold-chain applications. Crypto & Trading Platforms: Toobit rolls out TIFT 2026 with a $3m prize pool roadmap and launches an August $150k copy trading tournament, while Cayman’s regulator continues to see fintech licensing activity in the broader market.

Cayman Finance & Regulation: Premier Jay Ebanks leads the Cayman Islands delegation to the NAIC Summer National Meeting in Ohio, pushing for stronger insurance and reinsurance ties and advancing the islands’ bid for qualified jurisdiction status. Digital Assets & Compliance: Blockchain.com secured full Cayman VASP licensing approval to offer custody services, adding to the jurisdiction’s growing regulated crypto footprint. Energy & Infrastructure: Cayman Airways will expand its nonstop Austin, Texas service, extending operations from December 2026 through August 2027 and adding a second weekly flight during peak summer demand. Water & Utilities: Consolidated Water reported Q2 2026 results, with revenue down slightly but bulk revenue up on energy-related work and new desalination plants in The Bahamas. Conservation & Education: The National Trust broke ground on a new Blue Iguana Conservation office and laboratory at the Queen Elizabeth II Botanic Park, boosting medical exams, research, and its “living classroom” for students. Travel & Tourism Demand: Virtuoso’s festive travel data shows the Cayman Islands among top Caribbean destinations for the year-end luxury market. Industry & Markets: URCO confirmed Sonji Myles as CEO after a competitive recruitment process, following his interim leadership.

Cayman Financial Services: Premier Jay Ebanks leads the Cayman delegation to the NAIC 2026 Summer National Meeting in Columbus, Ohio, pushing deeper engagement with US insurance and reinsurance regulators and advancing the Islands’ bid for qualified jurisdiction status. Regulation & Utilities: The Utility Regulation and Competition Office (URCO) confirms Sonji Myles as CEO after a competitive recruitment process, following his period as interim CEO. Crypto & Digital Assets: Toobit rolls out an August copy trading tournament with a $150,000 USDT prize pool, plus earlier this week it launched “Instant Demo” with 10,000 USDT demo funds and no registration required. Capital Markets (Cayman entities): CSN Inova Ventures (a Cayman Islands exempted company) reports final results of its exchange offer for 6.750% notes due 2028, with settlement expected Aug. 12. Aviation & Tourism: Cayman Airways expands its Austin, Texas nonstop service, extending the route through late August 2027 and adding a second weekly flight during peak summer demand. Water Infrastructure: Consolidated Water reports Q2 2026 results, including $32.9m revenue and $4.0m net income from continuing operations.

Hurricane Outlook: NOAA cut its 2026 Atlantic forecast to 7–13 named storms and set a 75% chance of a below-normal season, but the “quiet” stretch is ending and the higher-risk weeks are starting. Utility Regulation: Cayman’s URCO confirmed Sonji Myles as Chief Executive Officer, effective immediately, after a competitive recruitment process. Water & Infrastructure: Consolidated Water reported Q2 2026 results, with revenue down 2% to $32.9m and net income from continuing operations at $4.0m. Cayman Finance & Markets: Blockchain.com secured full Cayman VASP licensing approval (and earlier conditional approval), while Cayman-linked SPACs continued IPO activity and trading changes, including Pelican Acquisition II and OceanLight. Digital Assets & Compliance: US regulators moved toward tighter capital rules for life reinsurance ceded to Cayman, as Cayman grows as an offshore alternative to Bermuda. Aviation & Tourism: Cayman Airways will expand its Austin, Texas route for a longer season and add a second weekly flight during peak summer demand. Crypto Exchange Updates: Toobit rolled out “Instant Demo” with no registration and launched “Lucky Gift” for crypto sharing.

Offshore Insurance Regulation: US regulators move to tighten capital rules for life reinsurance ceded to Cayman, responding to concerns that less stringent standards could raise risks for insurers and policyholders. Digital Assets Licensing: Blockchain.com wins full, definitive Cayman VASP custody authorization from CIMA (replacing conditional approval), expanding permitted crypto custody plus crypto-to-fiat and crypto-to-crypto exchange services. Energy & Utilities Governance: Sonji Myles is officially appointed CEO of the Utility Regulation and Competition Office (OfReg), after more than two years as interim. Aviation & Tourism: Cayman Airways expands its Austin, Texas nonstop service, extending the route season and adding a second weekly flight during peak summer demand. Maritime & Environment: The Department of Environment questions why an Ironshore sea-pool planning application is back on the Central Planning Authority agenda for a fourth hearing, despite prior refusals under the National Conservation Act. Crypto Exchange Awards: Toobit is named Global Exchange of the Year by FinanceFeeds Awards 2026, highlighting its multi-market trading infrastructure and AI-first tools. Local Business & Careers: Cayman’s planning ministry welcomes a Bahamas delegation to discuss planning automation and digital transformation. Industry & Investment: GCL’s Cayman-incorporated holding company announces expanded investment into its 4Divinity games publishing unit via ADATA.

Crypto Regulation in Cayman: Blockchain.com secured full VASP custody licensing from CIMA (definitive approval dated July 22), expanding authorized services to crypto custody plus crypto-to-fiat and crypto-to-crypto exchange, replacing its earlier conditional status. Digital Assets Product Push: Toobit rolled out “Instant Demo,” letting new traders access a 7-day live-market demo with 10,000 USDT without registering, and also launched “Lucky Gift” for link/QR-code crypto gifting with automated freezing and return of unclaimed funds. Offshore Insurance Watch: US regulators are moving toward tighter capital standards for life reinsurance ceded to non-equivalent jurisdictions, with Cayman highlighted as a fast-growing challenger to Bermuda. Aviation & Engineering: Cayman’s NCFC awarded a CI$1.5m contract for environmental impact assessments tied to runway extension plans at Owen Roberts and Cayman Brac airports. Local Planning Dispute: The Department of Environment questioned why an Ironshore sea-pool application is back on the Central Planning Authority agenda for a fourth refusal under the National Conservation Act. Tourism & Construction: The Grand Cayman Marriott is renaming to “Beach Resort” and restoring Seven Mile Beach frontage with government-approved sand replenishment and marine habitat protections. Industry Growth Signal: IMAC pointed to continued momentum in Cayman’s international insurance market, citing CIMA Q2 licensing figures and rising premiums/assets.

Cayman Crypto Regulation: Blockchain.com has secured full VASP custody licensing from CIMA, replacing its December 2025 provisional status and expanding what it can do locally, including custody plus crypto-to-fiat and crypto-to-crypto exchange services. Local Governance & Planning: The Ministry of Planning, Lands, Agriculture, Housing & Infrastructure welcomed a Bahamas delegation to discuss planning automation and digital transformation, including how Cayman manages development applications and regulatory workflows. Aviation & Environment: The NCFC awarded a CI$1.498m contract for environmental impact assessments tied to runway extension plans at Owen Roberts International Airport and Charles Kirkconnell International Airport, with concerns focused on North Sound impacts and bird habitats. Insurance Industry Momentum: IMAC says Cayman’s international insurance market continues to grow, citing CIMA Q2 licensing figures that add new international insurer licences and portfolio insurance companies. Tourism & Construction: The Grand Cayman Marriott Resort is renaming itself to put the beach front and center, with a government-approved multimillion-dollar sand restoration project expected to finish in early September.

Cayman Crypto Regulation: Blockchain.com has secured full Virtual Asset Service Provider (VASP) custody licensing from CIMA, replacing its earlier conditional approval and expanding what it can do locally, including crypto-to-fiat and crypto-to-crypto exchange services. Local Environment & Planning: The Department of Environment is questioning why a George Town sea-pool application at Ironshore is back on the Central Planning Authority agenda for a fourth time, despite earlier refusals under the National Conservation Act. Aviation Infrastructure & Engineering: The NCFC government awarded a CI$1.498m contract for environmental impact assessments tied to runway extension plans at Owen Roberts International Airport and Charles Kirkconnell International Airport. International Insurance Business: IMAC says Cayman’s international insurance momentum continues, citing CIMA Q2 licensing figures showing new Class B(i) insurer licences and portfolio insurance companies, with total sector assets and premiums rising. Tourism & Construction: The Grand Cayman Marriott is launching a government-approved beach restoration project on Seven Mile Beach, including sand replenishment and coastal protections, with work expected to finish in early September.

Offshore Insurance Regulation: US regulators are moving to tighten capital rules for life reinsurance business ceded to reinsurers in the Cayman Islands, with changes aimed to take effect by end-2027—an important signal for Cayman’s fast-growing life and annuities sector. Digital Assets & Compliance: Blockchain.com secured a definitive Cayman VASP custody licence (granted July 22), expanding authorized crypto custody plus crypto-to-fiat and crypto-to-crypto exchange services. Aviation & Environment: The NCFC awarded a CI$1.5m EIA contract to assess runway extension plans at Owen Roberts (Grand Cayman) and Charles Kirkconnell (Cayman Brac), with concerns focused on North Sound impacts and flood risk. Local Planning Scrutiny: The Department of Environment questioned why an Ironshore sea-pool application is back on the Central Planning Authority agenda for a fourth refusal, despite prior directions under the National Conservation Act. Tourism & Construction: The Grand Cayman Marriott Resort is renaming to put “Beach” back in focus and is restoring eroded Seven Mile Beach frontage with government-approved sand and habitat protections. Business & Finance: Cayman-linked corporate activity continues, including new IPO/blank-check filings and deal announcements tied to Cayman entities.