Tag: Utility Regulation and Competition Office

OfReg aims to be self-sufficient

OfReg aims to be self-sufficient

| 24/07/2018 | 77 Comments
(CNS): The new Cayman Islands utilities regulator has received a cash injection from government coffers to help with the goal of the relatively new watchdog to train staff and eventually become a self-funding body committed to ensuring the safe and fair provision of power, water, communication and f [...]

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OfReg takes first step in fuel price monitoring

OfReg takes first step in fuel price monitoring

| 25/06/2018 | 20 Comments
(CNS): As the price of fuel inches towards $5 per gallon at the pump, the Utility Regulation and Competition Office (OfReg) has revealed plans to begin examining whether or not Cayman’s gas prices are fair and competitive. More than a year after legislation was passed in the Legislative Assemb [...]

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Two-step SMS verification not secure, OfReg warns

Two-step SMS verification not secure, OfReg warns

| 12/06/2018 | 11 Comments
(CNS): Getting a security code sent to a cell phone via a text message is one of the least secure means of verifying and protecting people’s online accounts, the Utility Regulation and Competition Office (OfReg) has warned. The regulator is urging banks and large corporations to consider the d [...]

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PAC members accuse utilities of ‘robbery’

PAC members accuse utilities of ‘robbery’

| 09/05/2018 | 78 Comments
(CNS): Members of the Public Accounts Committee appeared particularly aggrieved about the cost of some utilities when witnesses from OfReg and one of the owners of internet service provider C3 appeared before them Wednesday to answer questions about the regulation of telecommunications, fuel, electr [...]

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Sol avoids admitting safety breaches

Sol avoids admitting safety breaches

| 11/04/2018 | 32 Comments
(CNS): Bulk fuel supplier, Sol, has released another statement in the wake of a damning report by the utilities regulator regarding the fire at the Jackson Point fuel depot last year. However, Sol has yet to admit any responsibility in the events that led up to the dangerous incident, which could ha [...]

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Welding repairs triggered fuel tank fire

Welding repairs triggered fuel tank fire

| 09/04/2018 | 35 Comments
(CNS): A report by the utilities watchdog, OfReg, has found that a fire at the SOL fuel tanks in Jackson Point last summer was due to welding work that had been done inside one of the tanks on the previous day while it was still in use. The regulator has pointed to a list of factors […] [...]

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OfReg seeks input on plans for better broadband

OfReg seeks input on plans for better broadband

| 22/03/2018 | 19 Comments
(CNS): Following revelations by the premier last week that government will be building the missing fibre optic network that the local cable and telecommunication companies have failed to provide, the regulator is seeking public input on plans for the infrastructure Cayman will need to meet the futur [...]

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Public purse to pick up tab for fibre network

Public purse to pick up tab for fibre network

| 21/03/2018 | 42 Comments
(CNS): Public cash will be used to roll out the missing fibre network across the Cayman Islands after the cable companies operating on island failed to meet their obligations. Premier Alden McLaughlin told the Legislative Assembly that government would fund the much-needed network and claw back the [...]

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OfReg and HMCI to create emergency notification system

OfReg and HMCI to create emergency notification system

| 06/03/2018 | 13 Comments
(CNS): The government’s utilities regulator, OfReg, and Hazard Management Cayman Islands have joined forces to create an emergency notification system (ENS) to ensure widespread communication in the face of a man-made or natural disaster. Following the fuel depot fire at Jackson Point Termi [...]

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Cayman regulator supports net neutrality

Cayman regulator supports net neutrality

| 18/12/2017 | 19 Comments
(CNS): In contrast to the telecoms regulator in the United States, OfReg, the Cayman Islands’ regulator, continues to support net neutrality, which ensures that all internet traffic is treated equally by the internet service providers (ISPs). Last week, in a hugely unpopular move, the US Feder [...]

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No plans to move fuel depot following fire

No plans to move fuel depot following fire

| 30/08/2017 | 37 Comments
(CNS): The planning minister has confirmed that the government has no immediate plans to move the fuel tank storage facility at Jackson Point in South Sound, George Town, despite heightened concerns following what could have been a catastrophic fire in one of the tanks last month. Joey Hew told the [...]

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