AGP Executive Report

Premier Diplomacy & Trade: Premier André Ebanks led a delegation to Ireland and the UK, using meetings with the Cayman Islands All-Party Parliamentary Group and London industry events to push broader opportunities beyond finance, including medical training and food production. Tourism & Air Travel: Cayman Airways launched Cayman Airways Vacations, a new online platform letting customers book flights plus hotel packages in one place, aiming to turn interest into more visits. Digital Resilience & Telecom Policy: Finance Minister Rolston Anglin and Social Development Minister Isaac Rankine attended the UN ITU telecom/ICT forum in Nassau, flagging takeaways for Cayman’s push to strengthen secure communications and subsea cable planning. Governance & People: Dr Karie Bergstrom was appointed Chief of Staff to the Premier, while Governor Jane Owen named Nicholas Dixey as Chairman of the Human Rights Commission. Sustainable Finance: CIBC Caribbean highlighted about US$820m in sustainable finance and 213+ MW of clean energy financed across the region, including Cayman-linked projects. Building Approvals (Regional Benchmark): Bahamas officials backed digitised building-plan approvals with published timelines and private-sector sign-offs to cut permit delays—an approach Cayman industry may watch closely. Crypto & Legal Risk: Celsius’ bankruptcy estate sued BitMEX for about $495m tied to 2020 liquidations, as Cayman-linked entities remain in the wider dispute.

Aviation & Tourism: Cayman Airways has launched “Cayman Airways Vacations,” a new online booking platform that bundles flights with hotel stays across its network, aiming to turn travel interest into more direct bookings. Telecoms & Infrastructure: Cayman’s finance and social development ministers attended the UN ITU WTPF-26 in Nassau and flagged takeaways that support plans to procure an additional subsea telecoms cable. Finance & Markets: KKR has exited First Gen via a P25.8 billion share sale, with the stake moving to Gateway Holdings Ltd., a Cayman Islands-linked buyer. Digital Assets & Compliance: Celsius’s bankruptcy estate filed a U.S. case seeking about US$495m (6,360.17 BTC) from BitMEX over March 2020 liquidations, alleging fraud and wrongful enrichment. Corporate & Legal: Walkers Professional Services agreed to acquire Luxembourg firm Value Partners, expanding its European footprint that already includes Cayman. Human Rights Governance: Governor Jane Owen appointed Nicholas Dixey as Chairman of the Human Rights Commission, effective 4 September. Sustainable Finance: CIBC Caribbean highlighted about US$820m in sustainable finance initiatives and 213+ MW of clean energy financing across the region, including Cayman-linked projects. Construction Approvals (Region): The Bahamas moved to cut building-permit turnaround to 60 days by digitising approvals and allowing qualified private-sector sign-offs.

Telecom & ICT Resilience: Cayman ministers Rolston Anglin and Isaac Rankine attended the UN ITU WTPF-26 in Nassau, flagging takeaways on secure communications and pushing work that could support an additional subsea cable. Aviation & Tourism Tech: Cayman Airways launched “Cayman Airways Vacations,” a new online platform to book flight-and-hotel packages across its network, aiming to turn travel interest into bookings. Building Approvals Reform (Regional): The Bahamas moved to cut building-plan turnaround times to 60 days by digitising applications, publishing timelines, and letting qualified private engineers sign off and inspect. Premier’s Office Staffing: Premier André Ebanks appointed Dr Karie Bergstrom as Chief of Staff, bringing experience across tourism, health boards, and workforce change. Human Rights Commission: Governor Jane Owen appointed Nicholas Dixey as Chairman of the Human Rights Commission, effective 4 September. Cayman Finance & Talent Pipeline: Cayman Finance marked 48 students completing its LEAD work-experience programme, continuing a decade-long push to grow local financial services careers. Sustainable Finance (Regional): CIBC Caribbean highlighted about US$820m in sustainable finance initiatives and clean-energy financing across the region, including projects in the Cayman Islands. Crypto & Cayman Links: KKR exited First Gen via a P25.8bn stake sale to a Gateway-linked Cayman Islands entity; separately, Celsius’ bankruptcy estate sued BitMEX for about $495m tied to 2020 liquidations.

Aviation & Tourism Tech: Cayman Airways launched Cayman Airways Vacations, a new online platform letting customers book flights plus hotel packages in one place, aiming to turn travel interest into bookings and support tourism growth. Telecom & Digital Resilience: Finance Minister Rolston Anglin and Social Development Minister Isaac Rankine attended the UN ITU WTPF-26 in Nassau, flagging takeaways on telecom resilience and digital inclusion that feed into plans for an additional subsea cable. Governance & People: Premier André Ebanks appointed Dr Karie Bergstrom as Chief of Staff, bringing experience across professional services and government boards to lead strategic policy support. Human Rights Leadership: Governor Jane Owen appointed Nicholas Dixey as Chairman of the Human Rights Commission, effective 4 September, citing his legal background and prior contributions to fair trial and bail-related reforms. Construction Approvals (Regional): Bahamas ministers backed a push to digitise building-plan approvals and cut turnaround times to 60 days, including private-sector sign-offs and inspections—an industry efficiency signal for the wider region. Finance & Capital Markets (Cayman-linked): KKR exited First Gen via a P25.8 billion share sale to a Cayman Islands’ Gateway-linked buyer, underscoring Cayman’s role in cross-border investment structures. Crypto & Legal Risk: Celsius’ bankruptcy estate filed suit seeking about $495m in Bitcoin from BitMEX over March 2020 liquidations, with Cayman-linked entities named among defendants.

Real Estate & Capital Markets: FortuneX Acquisition Corporation and WT Realty Group Inc. signed a definitive business combination deal that would domesticate FortuneX from the Cayman Islands to Delaware and create a Nasdaq-listed public holding company, with an implied equity value of about US$600m. Telecoms & Infrastructure: Cayman’s Finance and Social Development ministers attended the UN ITU WTPF-26 in Nassau and flagged takeaways tied to plans to procure an additional subsea telecoms cable, with digital resilience priorities also reviewed. Tourism & Consumer Travel Tech: Cayman Airways launched “Cayman Airways Vacations,” a new website letting customers book flights plus hotel packages in one place, aimed at boosting inbound and outbound travel across CAL’s network. Governance & Human Rights: Governor Jane Owen appointed Nicholas Dixey as Chairman of the Human Rights Commission, effective 4 September, drawing on his long Cayman legal career. Sustainable Finance: CIBC Caribbean highlighted roughly US$820m in sustainable finance initiatives and financing of more than 213MW of clean energy assets across the region, including projects in the Cayman Islands. Digital Assets & Disputes: Celsius’ bankruptcy estate filed a US court lawsuit seeking about US$495m (6,360.17 BTC) from BitMEX over March 2020 liquidations, as BitMEX prepares to end trading on 23 September. Air Cargo Expansion: BermudAir announced it will lease an Embraer E190F freighter, positioning it as the second E190F operator worldwide and expanding cargo services across the region. Building Approvals Reform (Regional): Bahamas officials moved to digitise building-plan approvals and target 60-day turnaround, including private-sector sign-offs and inspections—an example Cayman industry watchers may compare against local permitting processes.

Telecom & ICT Policy: Finance Minister Rolston Anglin and Social Development Minister Isaac Rankine attended the UN ITU WTPF-26 forum in Nassau, saying the discussions support the government’s plan to procure an additional subsea telecoms cable. Aviation & Tourism: Cayman Airways launched Cayman Airways Vacations, a new website letting customers book flights plus hotel packages in one place, with a limited-time deal running to 28 September. Construction Approvals: A Bahamas push to cut building-plan turnaround to 60 days by digitising applications, publishing timelines, and allowing qualified private-sector engineers to sign off and inspect could offer a useful benchmark for Cayman’s own development pipeline. Premier’s Office: Premier André Ebanks appointed Dr Karie Bergstrom as Chief of Staff from 1 October 2026, bringing executive leadership experience across professional and financial services. Human Rights Governance: Governor Jane Owen appointed Nicholas Dixey as Chairman of the Human Rights Commission, effective 4 September 2026. Finance & Energy: CIBC Caribbean highlighted about US$820m in sustainable finance initiatives and financing of 213+ megawatts of clean energy across the region, including projects in the Cayman Islands. Crypto & Legal Risk: Celsius’ bankruptcy estate filed a US court lawsuit seeking about $495m (6,360.17 BTC) from BitMEX over March 2020 liquidations, with claims still pending judicial review. Digital Assets & Listings: Cayman Islands holding company Meey Global Corp filed for a proposed Nasdaq IPO, while CZR Exchange rolled out a major mobile app rebuild ahead of TOKEN2049 Singapore. Industry & Compliance: Cayman’s Customs reminded importers that vehicles eight years or older are prohibited, with model-year cutoffs tightening into 2027.

Premier Appointments: Premier André Ebanks has named Dr Karie Bergstrom as Chief of Staff, effective 1 October, bringing deep experience in government advisory work, crisis management and workforce development. Aviation & Tourism: Cayman Airways launched Cayman Airways Vacations, a new flight-and-hotel booking platform aimed at simplifying package travel for visitors and outbound travellers. Human Rights Governance: Governor Jane Owen appointed Nicholas Dixey as Chairman of the Human Rights Commission, effective 4 September, citing his legal background and past contributions to fair trial and Bail Act-related work. Digital Resilience: Finance and Social Development ministers reviewed digital resilience priorities after attending the World Telecommunication/ICT Policy Forum in Nassau, focusing on secure communications and ICT system resilience. Crypto & Finance: Celsius’ bankruptcy estate filed a U.S. court lawsuit against BitMEX seeking return of 6,360.17 BTC (about $495m) tied to March 2020 liquidations; separately, Cayman-linked CZR Exchange rolled out a rebuilt mobile app and expanded its brand ahead of TOKEN2049. Energy & Sustainable Finance: CIBC Caribbean highlighted about US$820m in sustainable finance initiatives and clean-energy financing across the region, including projects in the Cayman Islands. Logistics & Cargo: BermudAir announced an Embraer E190F freighter lease to expand express cargo across its network. Local Industry Compliance: Cayman Customs reminded importers of vehicle model-year restrictions, with 2019 models needing arrival by 31 December 2026 to avoid seizure risk.

Premier Appointments: Premier André Ebanks has named Dr Karie Bergstrom as Chief of Staff, effective 1 October, bringing decades of leadership across professional and financial services to steer policy and modernise government services. Human Rights Governance: Governor Jane Owen appointed Nicholas Dixey as Chairman of the Human Rights Commission from 4 September, citing his legal work shaping fair trial rights and funded legal representation. Telecom Resilience: Finance and Social Development ministers reviewed digital resilience priorities after the ITU’s WTPF-26 forum in Nassau, with guidance on inclusion, sustainable development and resilient ICT systems. Air Travel & Tourism: Cayman Airways launched Cayman Airways Vacations, a new flight-and-hotel booking platform to package trips across its network. Digital Assets & Finance: CZR Exchange rolled out a rebuilt mobile app and expanded brand system ahead of TOKEN2049 Singapore, while Cayman-linked crypto disputes and market updates continue to ripple through the sector. Legal/Insurance Industry Watch: A Cayman-linked insurance holding company sought Chapter 15 in New York, and life reinsurance industry leaders are set for a North American global reinsurance conference in November. Energy/Infrastructure Finance: CIBC Caribbean highlighted about US$820m in sustainable finance initiatives and clean energy financing across the region, including projects in the Cayman Islands.

Cayman Finance & Legal/Regulatory: Cayman-linked insurance holding company Insurance Holding Co. has filed for U.S. Chapter 15 to protect American assets for creditors, underscoring how local firms’ restructuring plans can quickly become cross-border matters. Crypto & Trading Infrastructure: Celsius Network’s bankruptcy estate has sued BitMEX in New York, seeking recovery of 6,360.17 BTC (about $495m) tied to March 2020 liquidations, with claims alleging fraud and wrongful enrichment ahead of BitMEX’s planned shutdown. Aviation & Cargo: BermudAir says it will add a leased Embraer E190F freighter, becoming the first E-Freighter operator in the Americas and expanding express cargo links across the Caribbean network. Finance & Capital Markets: Meey Global Corp, a Cayman Islands holding company, filed with the SEC for a proposed IPO on Nasdaq Capital Market under ticker “MEEY,” while Huachen AI Parking Management closed a $2.75m registered offering. Energy & Industry: Cayman Finance’s LEAD programme celebrated 48 student completions, and Cayman’s Customs reminded importers that vehicle model-year rules tighten further from 1 January 2027.

Cayman Finance & Talent Pipeline: Cayman Finance marked its 2026 LEAD programme graduation, with 48 Caymanian students completing the Learn, Educate, Apply and Develop work-experience pathway—continuing a decade-plus push to feed local talent into finance. Cayman Corporate & Capital Markets: Meey Global Corp, a Cayman Islands holding company, filed a registration statement for a proposed IPO on Nasdaq, teeing up a potential listing under ticker “MEEY.” Cayman Legal/Regulatory Watch: An insurance holding company based in the Cayman Islands sought Chapter 15 protection in New York as it moves through Cayman liquidation proceedings. Industry Services Expansion: Walkers Professional Services is expanding its footprint with an acquisition in Luxembourg, adding Value Partners and bringing the combined team to 560 across key alternative funds markets including the Cayman Islands. Energy & Compliance Reminder: Cayman Islands Customs & Border Control reiterated vehicle import rules ahead of 2027, warning that model-year limits will tighten for arrivals after 31 December 2026. Community & Heritage: Volunteers restored the historic white sand yard at The Old Homestead in West Bay, a reminder of Cayman’s built heritage and local conservation culture.

Crypto & Fintech Regulation: Trinidad and Tobago is preparing to move virtual assets from a controlled sandbox to a permanent framework, with regulators eyeing remittances, cross-border payments, stablecoins and tokenisation. Cayman Finance & Talent Pipeline: Cayman Finance marked 48 students completing its 2026 LEAD work-experience programme, continuing a decade-plus push to place Caymanians into fund services, insurance, legal and compliance roles. Telecom & Legal Process: C3 Pure Fibre says it will seek leave to appeal to the Privy Council after the Cayman Islands Court of Appeal upheld OfReg’s licence-fee charges as lawful, in a dispute tied to fees collected since 2002. Vehicle Import Rules: Cayman Customs reminded buyers that vehicles model year 2018 or older are prohibited, with 2019 models needing arrival by 31 Dec 2026 to avoid seizure from 1 Jan 2027. Climate & Operations: Cayman’s National Weather Service reported record-breaking August heat and below-average rainfall, with El Niño linked to hotter, drier conditions. Crypto Exchange Transparency: Toobit published September proof of reserves showing major assets backed above 100%.

Cayman Finance & Local Talent Pipeline: Cayman Finance marked 48 students completing its 2026 LEAD work-experience programme, highlighting paid placements and mentorship that feed into local fund services, legal, compliance and insurance careers. Education & Scholarships: Dart named its 2026 Dart Scholar recipients, awarding high school and university scholarships to Caymanian students after a blind selection process. Telecom Regulation Fight: C3 Pure Fibre says it will seek leave to appeal to the Privy Council after the Cayman Islands Court of Appeal upheld OfReg’s licence-fee collections as lawful, with C3 arguing the statutory framework didn’t allow fee charging from 2002 onward. Vehicle Import Rules: Cayman Customs reminded buyers that vehicles model year 2018 or older are prohibited, 2019 models must arrive by 31 Dec 2026, and from 1 Jan 2027 2019+ will be barred unless exemptions apply. Insurance Sector Watch: An intermediate Cayman-based insurance holding company filed for Chapter 15 in New York to protect U.S. assets for creditors. Corporate Finance & Markets: Aspida appointed Aaron Sarfatti as Chief Risk Officer, while Toobit published September proof of reserves showing major assets backed above 100%. Climate & Operations: The Cayman Islands National Weather Service reported record-breaking August heat and below-average rainfall, citing El Niño effects.

Vehicle Imports & Compliance: Cayman Customs reminds buyers that vehicles with model years 2018 or older are prohibited, 2019 models must arrive by 31 Dec 2026, and from 1 Jan 2027 even 2019+ will be blocked—late arrivals could be seized. ICT Regulation Dispute: C3 Pure Fibre says it will seek leave to appeal to the Privy Council after the Court of Appeal ruled OfReg’s historically charged ICT licence fees were lawful, while C3 argues the law required fees to be set transparently via regulations. Reinsurance Industry Calendar: CIRCA opened early-bird registration for ReConnect 2027 (15–16 April) at The Ritz-Carlton, Grand Cayman, focusing on regulation, capital, risk and investment. Climate & Operations: Cayman’s National Weather Service reports record-breaking August heat and very low rainfall, with El Niño blamed for hot, dry conditions. Energy & Water Debate: A global look at desalination frames it as a growing water-security tool for climate-stressed CARICOM states. AI Infrastructure Insurance Shift: Captive insurance is expanding for AI data centre risks, with insurers noting explosive growth tied to construction and weather exposure. Local Talent & Training: IMAC announced 2026 scholarship recipients, supporting Caymanians entering fields like mechanical engineering, accountancy/data science and finance. Industry & Trade Links: SSOB students will visit Cayman (Oct 8–14) to learn international business practices, meeting Monetary Authority and finance professionals.

Vehicle Import Rules: Cayman Customs reminds residents that vehicles with model years 2018 or older are prohibited, 2019 models must arrive by 31 Dec 2026, and from 1 Jan 2027 even 2019-or-older arrivals will be seized unless an exemption applies. Cayman Tech & Telecom: C3 Pure Fibre says it will seek leave to appeal to the Privy Council after the Cayman Islands Court of Appeal ruled OfReg’s historical ICT licence fees were lawful, with OfReg still pursuing more than CI$500,000. Reinsurance Industry: CIRCA opens early-bird registration for ReConnect 2027 (15–16 April) in Grand Cayman, focusing on regulation, capital, risk and investment. Crypto Exchange Transparency: Toobit publishes September 2026 Proof of Reserves showing major assets backed above 100%, with traders able to verify snapshots. Regional Governance: Premier André Ebanks wraps talks with Caribbean Overseas Territories leaders in Bermuda, aligning on climate, health and financial services cooperation ahead of the UK ministerial council. Local Climate Impact: Cayman’s National Weather Service reports record-breaking heat and below-average rainfall in August, with El Niño linked to hot, dry conditions. Education & Workforce: IMAC names 2026 scholarship recipients, supporting Caymanian students across fields including mechanical engineering, accountancy, data science and finance.

Crypto Transparency: Toobit published its September 2026 Proof of Reserves, showing BTC 104%, ETH 102%, USDT 106% and USDC 105%, with Merkle-tree verification and 90%+ of assets in cold storage. Cayman Telecom Court Fight: C3 Pure Fibre says it will seek leave to appeal to the Privy Council after the Court of Appeal ruled OfReg’s historical ICT licence fees were lawful; C3 argues the fees weren’t properly “prescribed” in regulations. Reinsurance Industry Calendar: CIRCA opened early-bird registration for ReConnect 2027 (15-16 April, Ritz-Carlton Grand Cayman), focused on regulation, capital and risk. Local Weather & Risk: Cayman recorded record-breaking August heat and very low rainfall, with El Niño blamed for hot, dry conditions. Insurance Talent Pipeline: IMAC named 2026 scholarship recipients across engineering, accountancy/data science, finance and more. AI Infrastructure & Captives: Coverage highlights “explosive” captive insurance growth tied to mega AI data centres and their build-out, construction and liability risks. Construction Supply Pressure (Region): A Bahama Rock halt is warned to raise materials and shipping costs, threatening competitiveness for Caribbean construction. Crypto Hosting Deal: Tianci International signed a hosting and O&M agreement with BTCT for cryptocurrency mining equipment in the US. Corporate Listings (Cayman link): OceanLight’s units can now be separated for separate trading of shares, rights and warrants.

ICT & Telecom Legal Fight: C3 Pure Fibre (Infinity Broadband) says it will seek leave to appeal to the Privy Council after the Cayman Islands Court of Appeal ruled OfReg’s historically charged ICT licence fees were lawful, as OfReg pursues more than CI$500,000 in fees and C3 argues the law didn’t allow fee-setting via individual licence agreements. Weather & Water Security: Cayman’s National Weather Service reports record-breaking heat in August, with Grand Cayman hitting 95.4°F and rainfall far below average, attributing the hot, dry pattern to El Niño effects. Reinsurance Industry: CIRCA opened early-bird registration for ReConnect 2027 in Grand Cayman (15–16 April 2027), positioning it as a discussion-led forum on regulation, capital and risk. Insurance Talent Pipeline: IMAC announced 2026 scholarship recipients across engineering, accountancy/data science, film production and finance, continuing its long-running support for Caymanian tertiary study. Construction & Materials Pressure (Regional): A Bahamas developer warns Bahama Rock’s aggregate production halt could drive supply shortages and higher construction costs, threatening competitiveness across the islands. Crypto & Hosting: BTCC wrapped up its Toobit-style trading push in Cayman-linked coverage and CIIT signed a mining machine hosting agreement with BTCT, pointing to continued offshore digital infrastructure activity. Business & Finance Moves: OceanLight units can now be separately traded on Nasdaq, while Futuremain’s merger plan would create a Cayman-based Nasdaq-listed company in 2027.