AGP Executive Report
Last update: 11 hours agoCayman Forward Initiative: The National Coalition For Caymanians has published the Cayman Forward Initiative policy paper after a 3-month consultation, aiming to end long-running planning vs environment deadlocks by delivering 9 key findings and 13 recommendations for Cabinet, with phased implementation across four timeframes. Deputy Governor Sworn In: Gloria McField-Nixon officially assumed office as Deputy Governor and Head of the Cayman Islands Civil Service, bringing HR reform and corporate governance experience to the role. Funds Sector Growth: Cayman Finance says regulated fund registrations jumped by 547 in the first half of 2026 to 31,145, with tokenisation now the “newest fund trend” and 12 tokenised funds registered, including Fidelity’s first tokenised fund. CUC Rate Pushback: OfReg responded to criticism over CUC’s base rate adjustment, stressing the rate mechanism was set in 2008 under a licence and cannot be blocked, while noting licence updates are being discussed. Public Safety Alert: RCIPS and the Cayman Islands Government renewed warnings about an active text message scam impersonating the Postal Service and asking victims to pay customs duties via a link. Local Finance/Legal: Grand Court ruled on contested shareholder meeting and dissident proxy disclosures in MILFAM LLC v Morrow, Smith and Scully Royalty Ltd, a case expected to shape shareholder activism in Cayman. Community & Sport: Cayman Motoring Federation ran Round 3 of its Auto Slalom League, while RCIPS/CMF-style community engagement continues alongside education and finance messaging from Minister Rolston Anglin.
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