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Aquilae Consulting Group warns that the Cayman Islands faces a more competitive and less predictable global order, which will affect its financial services sector and overall governance. Key points: - Global order weakening: Small states like Cayman must adapt as post-war multilateral protections erode and great-power competition intensifies. - Regulatory and economic pressures: Heightened regulatory scrutiny, rising compliance demands, and a push to align with evolving inte
2026-05-25Premier André Ebanks argues that attending CARICOM’s 50th Heads of Government Meeting in person is essential for Cayman Islands’ foreign policy and regional standing. He touts face-to-face diplomacy as yielding key breakthroughs on regional security, illicit trafficking, cross-border cooperation, cost of living, food security, financial services standards, tourism, and trade. Although Cayman is an Associate Member without voting rights, Ebanks says physical presence enables d
2026-05-25Summary: - The Pre-Election Economic and Financial Update (PREFU) for the Cayman Islands is a government forecast released ahead of the 30 April 2025 general election, per the Public Management and Finance Act. It covers the current financial year ending 31 December 2025 and the next year (fiscal year ending 31 December 2026), including forecast statements for Core Government and the Entire Public Sector (EPS), which includes 21 ministries and 25 SAGCs. - Key economic outlo
2026-05-25Summary: - The Cayman Islands participated as an Associate Member in CARICOM’s 50th Regular Meeting (Feb 24–27, 2026) in St. Kitts and Nevis, under the theme “Beyond Words: Action Today for a Thriving, Sustainable CARICOM.” - The update stresses the importance of in-person attendance for diplomacy, highlighting benefits such as high-level talks with regional and global leaders (including US Secretary of State Mike Pompeo? The text says Marco Rubio), face-to-face discussions o
2026-05-25Summary: - The publication outlines a Cayman Islands fiscal plan (SPS) prepared under the Public Management and Finance Act, forecasting three years of compliance with responsible financial management and framework principles. - Seven Broad Outcomes guide Public Sector policy, including education/immigration/workforce development, housing/infrastructure/environment, economy diversification/innovation, and good governance/public safety. - The economy is forecast to grow 2.2–2.
2026-05-25