AGP Executive Report
Last update: 11 hours agoFinancial Services: AurenixAI has secured a Cayman private-fund licence for its AI-driven investment business, while the islands are seeking investment-ready projects as a Commonwealth family-office network launches. Tax and Regulation: A new Tax Justice Network ranking places the Cayman Islands among the world’s leading corporate tax-haven jurisdictions, renewing scrutiny of the islands’ role in international finance. Tourism and Trade: Cayman recorded an 11th consecutive month of stayover growth, and Grand Hyatt’s Seven Mile Beach opening adds to the tourism push. Demand for Chinese cars is also rising, with local dealer Tony’s Toys reporting vehicles selling within days. Business and Talent: Caribbean Utilities reported strong third-quarter performance and continued investment in fuel efficiency. The insurance industry’s annual golf fundraiser raised nearly US$20,000 for scholarships; its fund has supported 90 Caymanian students. Crypto: Indian authorities say cryptocurrency stolen in a US$1.5 million investment fraud was traced to accounts on Cayman-based Gate.io; a court ordered the assets converted and returned to the victim.
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