Private Sector Oversight

Consumer Council chair commits to representing people
(CNS): George Ebanks, the chair of the newly established Consumer Council, has told CNS that he is committed to consulting with the public and ensuring their concerns are conveyed to the Utility Regulation and Competition Office (OfReg), which created this new body to protect the rights of consumers. Ebanks said he would not allow the […]

Ministry breached data law with vaccine prize draw
(CNS): As the Office of the Ombudsman (OMB) marks International Data Protection Day this Saturday, it has revealed some of the details of its work this year in that area of its remit, including an own motion investigation (OMI) into a data protection complaint about the government’s “vaccine challenge” event, in which the ministry failed […]

Intertrust to pay $5M CIMA fine for AML failings
(CNS): Intertrust has agreed to pay $5 million to the Cayman Islands Monetary Authority after the courts dismissed its appeal against an administrative fine of over $4.23 million for its failure to meet anti-money laundering regulations. According to a document posted on the Grand Court website last week, the offshore legal and financial services firm […]

OfReg finds consultants for solar market review
(CNS): The Utility Regulation and Competition Office (OfReg) has awarded a CI$78,000 contract to consultants to conduct a ‘Value Of Solar Study’ to help the country move towards its renewable energy goals. OfReg is responsible for regulating the emerging solar sector and this is a small step in the long process towards that aim. In […]

OfReg ‘surprised’ by PACT policy on green energy
(CNS): Heavily redacted minutes from an OfReg extraordinary board meeting on 2 May show that the utilities regulator was caught off guard by the PACT Government’s recent policy announcement to ensure public ownership of future green energy facilities. CNS has learned that OfReg had also failed to tell the Cabinet about its own plans, after […]

OfReg opens bid for 23MW solar plant
(CNS): The utilities regulator is looking for expressions of interest from qualified bidders to build a dispatchable solar photovoltaic (DPV) plant and an energy storage facility. The quest for this new plant is part of the country’s efforts to reduce its diesel dependence and a step towards the extremely ambitious target of generating 70% of […]

Two women appointed to OfReg board
(CNS): Two women have been appointed as non-executive members of the OfReg board, filling up the empty seats on the previously entirely male environment. Accountant Bonnie Anglin and lawyer Natasha Bodden will serve for a period of three years on the beleaguered governing body at a time when public attention is likely to remain focused […]

Roulstone appointed as new Ombudsman
(CNS): Sharon Roulstone is to be the new Ombudsman overseeing public complaints against the government and the police, whistle-blower protection, freedom of information requests and data protection. Governor Martyn Roper announced Roulstone’s appointment on social media Thursday, saying her “professional achievements, integrity and passion impressed the recruitment panel who unanimously agreed that she was well […]

Rubis faces prosecution over oil tank spill
(CNS): Following an investigation into an oil spill from a tank at the Rubis Jackson Point Terminal more than two years ago, the utilities regulator has revealed that the case is now in court. OfReg said it has filed a charge with the director of public prosecutions (DPP) accusing the fuel wholesale and retail company […]