AGP Executive Report
Last update: 9 hours agoUS Engagement: Premier André Ebanks and Financial Services Minister André Ebanks’ team wrapped up Washington DC meetings with US Treasury and other regulators to formalise arrangements supporting Cayman’s role in US investment and capital markets. Environment & Waste: Minister Katherine Ebanks-Wilks led UK talks on marine conservation, climate resilience and building a modern waste system, including visits to waste facilities and discussions on the Blue Belt Programme. Water Security: Water Authority–Cayman completed pilot well drilling in Cayman Brac and Little Cayman; core samples are now in lab analysis to guide future reverse osmosis water works. Disaster Readiness: HMCI finished the “Hurricane Franz” recovery exercise, testing government transition from response to recovery and stressing emergency communications. Financial Services & Real Estate: Maples Group signed for a long-term Cayman HQ at Camana Bay, consolidating teams in a major commercial real estate move. Digital Banking: CIBC Caribbean cards are now addable to Google Wallet across Cayman and other markets, with Google Pay rolling out from June 9. Workforce Planning: The National Workforce Development Committee launched the Caymanian Employment Survey to map hiring barriers and shape a national workforce strategy. Tokenised Finance: Cayman-linked re/insurance and fintech updates included AM Best affirming Everlake Life Group (owned by Everlake Holdings, Cayman) and HCI’s tokenised reinsurance pilot via its Cayman subsidiary. Cayman Business Growth: Cayman Enterprise City reported cumulative socio-economic impact of USD $1.23bn since 2012, with USD $152.3m annual impact in 2025. Public Interest: The ombudsman FOI appeal over CUC solar cost and demand reports is set for a rehearing after a Grand Court order.
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