OfReg Press Release Following much deliberation on the status of the Consumer Owned Renewable Energy (‘CORE’) programme and having taken into account the apparent lacklustre demand for CORE under the previous fee regime, utilities regulator OfReg confirms that it...
Financial Action Task Force Press Release The FATF has made major changes to the criteria for putting countries on its lists to relieve pressures on least developed countries and focus on those countries posing greater risks to the international...
By Alric Lindsay In a Fireside chat today, September 10, 2024, at the Virtual Island Summit 2024, senior Forbes journalist Daphne Ewing-Chow sat down with Cayman’s Minister of Sustainability, the Hon Katherine Ebanks-Wilks, to discuss Cayman’s energy journey and...
Press Release from Cayman Islands Airports Authority Grand Cayman, Cayman Islands (2 September 2024) The Cayman Islands Airports Authority (CIAA), which operates the Owen Roberts International Airport (ORIA) on Grand Cayman and the Charles Kirkconnell International Airport (CKIA) on...
By Alric Lindsay The Cayman Islands Civil Service Association Cooperative Credit Union issued a statement on August 27, 2024, expressing concerns about a proposed $200,000 annual fee recommended by Minister Andre Ebanks through his ministry. The Credit Union said...
Press Release By OfReg 5G, the latest mobile technology, is now available in the Cayman Islands and the Cayman Islands has been identified as being a regional leader in the assignment of its radio spectrum, enabling the technology to...
By Alric Lindsay On July 31, 2024, the chairperson of the United States Federal Reserve, Jerome Powell, announced that interest rates would remain the same, meaning they would stay “higher for longer.” This announcement surprised market stakeholders, as positive...
OfReg has taken action to protect consumers by stopping the sales of satellite internet terminals by a number of vendors found to be retailing them in the Cayman Islands. Cease and desist notices have been served to Cost.U.Less and...
On Wednesday, July 24, RCIPS supported its partner agencies CBC and WORC in a joint operation targeting a George Town construction site to identify and apprehend persons found to be committing immigration offences. During the operation, workers were approached,...
By Alric Lindsay According to the Urban Institute, “The number of people experiencing homelessness has hit a record high, more than half of renters are cost-burdened, and mortgage interest rates are at their highest since 2000—housing in the United...