AGP Executive Report

Local Fees Update: The Cayman Islands Government confirmed revised driving licence and related service fees take effect Tuesday, 1 September 2026, cutting non-Caymanian full licence fees from about eight times the Caymanian rate to about three times, while offering Caymanians discounts on longer-term licences (10% for 3-year, 15% for 5-year, 20% for 10-year). Land & Environment: A new piece on “Morgan’s Point” highlights how heavily contaminated waterfront brownfield sites can be remediated and reclaimed to create usable land—pointing to examples including the Cayman Islands. International Property Pressure: Research on St Andrews, Scotland, says nearly one in five properties were bought by overseas buyers, including from the Cayman Islands, raising fresh fears of an affordable homes squeeze. Business & Finance: Suntera Global appointed Toni Bonzon as managing director of its Bahamas office, expanding corporate and private wealth services across the Caribbean and wider Americas. Corporate Moves: INLIF Limited adjourned its extraordinary general meeting due to lack of quorum, and Silexion Therapeutics announced management participation in September 2026 investor conferences.

Local Transport Fees: The Cayman Islands Government confirmed revised driving licence and related service fees will take effect Tuesday, 1 September 2026, cutting non-Caymanian full licence fees to about three times the Caymanian rate and adding discounts for Caymanians buying longer-term licences (10% for 3-year, 15% for 5-year, 20% for 10-year). Real Estate & Affordability: A BBC report on St Andrews, Scotland, says nearly one in five properties were bought by people from outside Scotland, including buyers linked to the Cayman Islands, raising fresh fears of an affordable homes squeeze. International Business: Darden Restaurants’ latest US filing lists franchise agreements in Jamaica (including Olive Garden and Ruth’s Chris), but says the Cayman Islands no longer appears on its 2026 list. Global Finance Appointments: Suntera Global named Toni Bonzon as managing director of its Bahamas office, highlighting expanded corporate and private wealth services across the Caribbean and Americas. Tech Court Watch: North Carolina’s Supreme Court will decide whether Attorney General Jeff Jackson can sue TikTok in state court. Industry Brief: Silexion Therapeutics says its management team will attend several September 2026 investor and industry conferences in Boston and New York. Corporate Meeting Update: INLIF LIMITED announced its extraordinary general meeting was adjourned for lack of quorum and will reconvene on 15 September 2026. Culture & Media: Collider Media Studio, co-presented by Campari and the Cayman Islands, returns to TIFF in Toronto for interviews and content during the festival.

Local Transport Fees: The Cayman Islands Government says revised driving licence and related service fees take effect Tuesday, 1 September 2026, cutting non-Caymanian full licence fees from about eight times the Caymanian rate to about three times, while Caymanians get discounts on 3-, 5- and 10-year licences (10%, 15% and 20%). International Real Estate Pressure: New research on St Andrews, Scotland, shows nearly one in five properties bought there came from outside Scotland, with some buyers linked to the Cayman Islands—fueling fears of an affordable homes squeeze. Business & Finance Appointments: Suntera Global names Toni Bonzon as managing director for its Bahamas office, expanding corporate and private wealth services across the Caribbean and wider Americas. Tech Legal Watch: North Carolina’s Supreme Court will decide whether Attorney General Jeff Jackson can sue TikTok in state court, after arguments over whether the company’s actions fall under North Carolina jurisdiction. Film & Tourism Buzz: Collider Media Studio, co-presented by Campari and the Cayman Islands, returns to TIFF in Toronto for interviews and content during the festival’s five-day run. Corporate Updates: Silexion Therapeutics says management will attend several September 2026 investor conferences in Boston and New York.

Local Transport Fees: The Cayman Islands Government says revised driving licence and related service fees take effect Tuesday, 1 September 2026, with non-Caymanian full licence fees cut to about three times the Caymanian rate (down from roughly eight times) and Caymanians getting discounts of 10%, 15% and 20% for 3-, 5- and 10-year licences. International Business & Wealth: Suntera Global appoints Toni Bonzon as managing director for its Bahamas office, aiming to expand corporate and private wealth services across Latin America and the Caribbean. Corporate Updates: Silexion Therapeutics says management will attend September 2026 investor conferences in Boston and New York. Governance Watch: INLIF Limited’s extraordinary general meeting was adjourned for lack of quorum and is set to reconvene 15 September. Regional Economy/Leisure: Darden Restaurants’ latest filing lists Jamaica among Caribbean franchise markets, while Cayman is not shown for 2026. Brownfield & Land Reuse: A report highlights how places including the Cayman Islands have tackled contaminated waterfront land and seabeds through combined remediation and reclamation projects.

Local Transport Fees: The Cayman Islands Government says revised driving licence and related service fees will kick in Tuesday, 1 September 2026, cutting non-Caymanian full licence fees to about three times the Caymanian rate and adding discounts for Caymanians buying longer-term licences (10% for 3-year, 15% for 5-year, 20% for 10-year). Land & Environment: Duncan Card argues public-private partnerships can be used to remediate and reclaim contaminated land, including shoreline brownfield sites, tackling both environmental harm and land scarcity. Business & Finance: Suntera Global appoints Toni Bonzon as managing director for its Bahamas office, aiming to expand corporate and private wealth services across the Caribbean and Latin America. International Business Watch: Darden Restaurants’ latest filing lists Jamaica among its Caribbean franchise markets, while Cayman no longer appears. Global Legal News: North Carolina’s Supreme Court will decide whether Attorney General Jeff Jackson can sue TikTok in state court. Tech/Markets: Silexion Therapeutics says management will attend September 2026 investor and industry conferences in Boston and New York. Corporate Governance: INLIF Limited adjourns its extraordinary general meeting due to lack of quorum.

Local Policy Update: The Cayman Islands Government has confirmed revised driving licence and related service fees will take effect Tuesday, 1 September 2026, cutting non-Caymanian full licence fees to about three times the Caymanian rate and adding discounted longer-term rates for Caymanians (10% off for 3-year, 15% for 5-year, 20% for 10-year). Business & Finance: Suntera Global has named Toni Bonzon as managing director of its Bahamas office, tasked with running operations and growing corporate and private wealth services across Latin America and the Caribbean. International Spotlight: Cayman-linked content also appeared in a BBC report on St Andrews property purchases, where overseas buyers—including from the Cayman Islands—are cited as contributing to affordability fears. Global Corporate News: Silexion Therapeutics says its management will present at major September 2026 investor conferences in Boston and New York. Corporate Governance: INLIF Limited announced its shareholder meeting was adjourned due to lack of quorum, with a reconvening date set for 15 September 2026. Sports/Entertainment: Collider Media Studio is set to return to the Toronto International Film Festival with Campari and Cayman Islands co-presentation, bringing interviews and branded hospitality around multiple high-profile premieres.

Local Housing Pressure: New research on St Andrews shows nearly a fifth of properties were bought by people or firms based outside Scotland, with overseas buyers including the Cayman Islands, raising fresh fears of an affordable homes squeeze in the university town. Cayman Policy Update: The Cayman Islands Government confirmed revised driving licence and related service fees will take effect from Tuesday, 1 September 2026, cutting non-Caymanian full licence fees to about three times the Caymanian rate and adding discounts for Caymanians buying longer-term licences. Business & Finance Appointments: Suntera Global has named Toni Bonzon as managing director of its Bahamas office, tasked with running operations and growing corporate and private wealth services across the Caribbean and wider Americas. Corporate Notices: INLIF LIMITED said its Extraordinary General Meeting was adjourned due to lack of quorum and will reconvene on 15 September 2026. International Business Watch: Darden Restaurants’ latest filing lists Jamaica for franchise expansion, while the Cayman Islands no longer appears on its 2026 Caribbean development list. Global Legal: North Carolina’s Supreme Court will decide whether Attorney General Jeff Jackson can pursue a state-court suit against TikTok.

Local Courts & Tech: North Carolina’s Supreme Court will decide whether Attorney General Jeff Jackson can pursue a state-court lawsuit against TikTok, after arguments over whether the company’s website/app access in North Carolina is enough for jurisdiction. Cayman Government Fees: The Cayman Islands Government confirmed revised driving licence and related service fees will take effect Tuesday, 1 September 2026, including lower non-Caymanian full licence fees and discounted longer-term rates for Caymanians. Business Appointments (Bahamas): Suntera Global named Toni Bonzon as managing director of its Bahamas office, tasked with running operations and growing corporate and private wealth business across Latin America and the Caribbean. Corporate Updates (INLIF): INLIF LIMITED said its Extraordinary General Meeting was adjourned due to lack of quorum and will reconvene on 15 September 2026. Regional Business Watch: Darden Restaurants’ latest filing lists Jamaica among its 2026 franchise development targets, while the Cayman Islands no longer appears in the same list.

Driver’s Licence Fees: The Cayman Islands Government confirmed revised DVDL fees take effect Tuesday, 1 September 2026, cutting non-Caymanian full licence fees to about three times the Caymanian rate and adding discounts for Caymanians buying longer-term licences (10% for 3-year, 15% for 5-year, 20% for 10-year). Corporate Appointments (Bahamas): Suntera Global named Toni Bonzon as managing director of its Bahamas office, tasked with running operations and growing corporate and private wealth business across Latin America and the Caribbean. Company Meeting Update: INLIF LIMITED said its September 8 extraordinary general meeting was adjourned for lack of quorum and will reconvene September 15. International Business (Jamaica): Darden Restaurants’ latest filing shows franchise agreements covering Jamaica, including Olive Garden and Ruth’s Chris Steak House, though it didn’t specify which brand(s) will launch. Biotech Conferences: Silexion Therapeutics said management will present at major September 2026 investor conferences in Boston and New York. Hotel Deal: World of Hyatt extended its 500 bonus points per night offer for stays at select new hotels through December 31, 2026.

Driving Licences: The Cayman Islands Government confirmed revised driving licence and related service fees will take effect Tuesday, 1 September 2026, including lower non-Caymanian full licence fees (about three times the Caymanian rate, down from roughly eight times) and longer-term Caymanian discounts of 10% (3-year), 15% (5-year) and 20% (10-year). Private Credit (Cayman angle): A new report highlights how Cayman Islands exempted companies are being used as flexible vehicles for Middle East private credit deals, letting sponsors and investors tailor ownership, governance and financing within one corporate structure. CORXEL Investor Update: Cayman Islands exempted biopharma CORXEL says it will take part in upcoming investor conferences, including Wells Fargo’s Healthcare Conference on 9 September 2026 and Morgan Stanley’s on 16 September 2026. Travel Deal: Hyatt has extended its “500 bonus points per night” offer for stays at select new hotels through 31 December 2026.

Local Transport Policy: The Cayman Islands Government has confirmed revised driving licence and related service fees will take effect Tuesday, 1 September 2026, after a further review of the fee structure and rollout. Cost Changes for Residents: Fees for non-Caymanian full driver’s licences have been cut from roughly an eightfold differential to about three times the Caymanian rate. Caymanian Discounts: Caymanians buying longer-term licences will get discounts of 10% (3-year), 15% (5-year) and 20% (10-year), aiming to keep benefits meaningful while making the transition smoother for customers. Business & Investment Spotlight: CORXEL Pharmaceuticals, a Cayman Islands exempted company, says it will take part in upcoming investor conferences in Boston (Sept 9) and New York (Sept 16).

Local Transport Fees: The Cayman Islands Government has confirmed revised driving licence and related service fees will take effect Tuesday, 1 September 2026, after a further review and pushback on the earlier plan. Expat Cost Relief: Fees for non-Caymanian full driver’s licences have been lowered from about eight times the Caymanian rate to roughly three times. Caymanian Discounts: Caymanians buying longer-term licences will get discounts of 10% (3-year), 15% (5-year) and 20% (10-year), with officials saying the transition will be handled through DVDL’s eligibility checks and customer support. Business & Investment: CORXEL Pharmaceuticals, a Cayman Islands exempted company, announced it will take part in upcoming investor conferences in Boston and New York. Finance Spotlight: A new report highlights how Cayman Islands exempted companies are being used to structure private credit deals across the Middle East.

Driver’s Licence Fees: Cayman cut a planned expat driver’s licence fee hike by half after backlash, with the full licence for non-Caymanians now set at about three times the old rate (not eightfold), plus discounts for Caymanians buying longer-term licences. Private Credit & Cayman Vehicles: A new report highlights how Cayman Islands exempted companies are being used to structure private credit deals across the Middle East, letting sponsors and investors tailor ownership, governance and financing in one corporate form. CORXEL Investor Push: Cayman-based CORXEL Pharmaceuticals says it will take part in upcoming healthcare investor conferences in Boston and New York as it advances cardiometabolic therapies. Wealth Management Expansion: Penningtons Manches Cooper launched its first private wealth practice outside the UK in Singapore, hiring Rachel Yao to lead, citing growing demand for cross-border family office and succession planning advice. Hyatt Points Offer: World of Hyatt extended a “500 bonus points per night” promotion for stays at select new hotels through Dec. 31, 2026. Trade Data: The latest U.S. international trade in goods and services report for July 2026 was released. Scuba Feature (Not Cayman): A former Illinois police diver turned an abandoned quarry into a major scuba destination, Mermet Springs.

Driver’s Licence Fees: The Cayman government cut back a planned expat driver’s licence fee hike after public backlash, reducing the increase to about three times the earlier approved level and adding discounted long-term licences for Caymanians (10% off three-year, 15% off five-year, 20% off ten-year). Private Credit & Cayman Vehicles: A new report highlights how Cayman Islands exempted companies are being used as flexible vehicles in Middle East private credit deals, letting sponsors and investors tailor ownership, governance, and financing roles across the same transaction. CORXEL Investor Roadshow: Cayman-based clinical-stage biopharma CORXEL says it will take part in upcoming investor conferences in Boston (Sept 9) and New York (Sept 16) for presentations and 1x1 meetings. Global Finance/Trade Context: A U.S. trade-in-goods-and-services update was published, offering detailed import and export notes and figures. Travel Deals: World of Hyatt extended a “500 bonus points per night” offer for stays at select new hotels through Dec 31, 2026, with the hotel list subject to change.

Local Governance: The Cayman government has cut back a planned foreign residents’ driver’s licence fee hike after public backlash, reducing the full licence increase from an eightfold jump to about three times, while also adding discounted rates for Caymanians buying longer-term licences (10% off for 3-year, 15% for 5-year, 20% for 10-year). International Finance: A new report highlights how Cayman Islands exempted companies are being used to structure private credit deals across the Middle East, offering flexible vehicle options for investors and sponsors within the same transaction. Corporate & Markets: CORXEL, a Cayman Islands exempted company, says it will take part in upcoming investor conferences in Boston (Sept. 9) and New York (Sept. 16). Business Travel: World of Hyatt has extended its 500 bonus points per night offer for stays at select new hotels through Dec. 31, 2026, with the list changing as properties open. Wealth & Legal Services: Penningtons Manches Cooper has launched its first private wealth practice outside the UK in Singapore, hiring Rachel Yao to lead the team.

Driver’s Licence Fees: The Cayman government has cut back a planned expat driver’s licence fee hike after public backlash, reducing the full licence increase from an eightfold jump to about three times, while also adding discounted rates for Caymanians buying longer-term licences (10% off for 3-year, 15% for 5-year, 20% for 10-year), with ministers saying the change won’t hit the public purse. Private Credit & Cayman Vehicles: A new report highlights how Cayman Islands exempted companies are being used as flexible vehicles in Middle East private credit deals, helping sponsors and investors structure joint ventures, investment holdings, and financing arrangements with tailored ownership and governance. CORXEL Investor Push: Cayman Islands exempted biopharma CORXEL says it will take part in upcoming investor conferences in Boston (Sept 9) and New York (Sept 16) for meetings with healthcare investors. Global Finance/Legal Practice: Penningtons Manches Cooper has launched its first private wealth practice outside the UK in Singapore, appointing Rachel Yao (formerly Carey Olsen) to lead the Asia team. Travel Deals: World of Hyatt has extended a “500 bonus points per night” offer for stays at select new hotels through Dec 31, 2026, with the list changing as openings shift.