The Ministry of Planning, Lands, Agriculture today (Friday, 3 February 2017) announced the establishment of the Utility Regulation and Competition Office, known as OfReg. Cabinet decided to establish the multi-sector regulatory agency, following an evaluation by the Ministry of the effectiveness of the functions of the standalone regulators. This report found that a converged utility […]
Cayman Islands Ministry of Planning, Lands, Agriculture, Housing and Infrastructure Establisment Of The “Utility Regulation And Competition Office”
The Cabinet decided to enact new legislation to establish a multi-sector regulatory agency to be known as the Utility Regulation and Competition Office (URCO) which will assume the responsibilities and functions currently carried out by Information Communications Technology Authority (ICTA) and the Electricity Regulatory Authority (ERA). Cabinet has also decided that URCO will assume the […]