AGP Executive Report
Last update: 10 hours agoFinancial Services: JTC has added four senior staff to expand its US and Latin America business, including Mariano Marco, who previously held Cayman-based roles. New CIMA AML and sanctions rules make compliance requirements for regulated funds more enforceable, including annual training for governing-body members and independent programme audits. Public Finance: Government is seeking proposals for a CI$236 million, 15-year loan facility to fund its approved 2026–27 capital programme; the borrowing was already authorised, and funds would be drawn as needed. Property: Cayman real estate sales are nearing CI$1 billion, with condo prices still rising. Energy and Tourism: CUC Chair Sheree Ebanks received Canada’s 2026 Woman in Energy award, while Cayman Airways won Caribbean’s Leading Airline and earned its first nomination for the global title. Offshore Scrutiny: India’s Enforcement Directorate seized assets worth about ₹2,033 crore from Reliance Power amid allegations involving overseas investments and advances linked to the Cayman Islands and BVI.
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