AGP Executive Report

Renewables Protest: Bermuda Environmental Sustainability Taskforce (BEST) and Greenrock are calling for a peaceful demonstration today (July 28) at 12 noon, starting at City Hall and ending at the Regulatory Authority, protesting approval of higher monthly facilities charges that they say triple costs for residential solar customers. Local Governance: The groups argue the “one-size-fits-all” tariff undermines Bermuda’s renewable push and could leave some solar households paying more than before. Public Services & Tech: The Corporation of Hamilton released its 2025 Annual Report, highlighting progress across infrastructure, public spaces, sustainability, and modernization. Safety & Mobility: OBA’s Maurice Foley weighs in on e-bikes and road safety after a Hamilton crossing incident involving a teen rider. Energy Skills: Minister Jason Hayward recognised nine Bermudians completing the 2026 Solar Photovoltaic Certification Programme at Bermuda College. Digital Ticketing: CiMiNow landed the exclusive digital ticketing contract for Cup Match at Somerset Cricket Club, aiming to showcase its platform to a wider audience. Climate Science: A look at how El Niño is reshaping Atlantic hurricane patterns this season. STEM & Scholarships: AXA XL named Bermudian Khyii Perinchief as its 2026 scholar, and BELCO announced scholarship and education grant recipients. Global Connectivity: Google’s new transatlantic submarine cable connection (Nuvem) underscores Bermuda-linked routes into Europe and the US.

Transatlantic Connectivity: Google’s new Nuvem submarine cable is now connected between the US and Portugal, routing through Bermuda and the Azores, boosting capacity to about 384 terabits per second and strengthening the island’s role in AI and cloud infrastructure. Local Water Science: A Bermuda-focused conversation with water management specialist Tarik Smith breaks down what can lurk in tank sediment and why maintenance costs matter for safer drinking water. Cup Match Tech: CiMiNow has been named exclusive digital ticketing provider for Cup Match at Somerset Cricket Club, while B-Mobile and Branded Realities launch a free “Capture Selfie” fan experience using QR codes. Renewables Skills: Bermuda College recognised nine graduates completing a 2026 Solar Photovoltaic Certification Programme, adding to the island’s solar workforce. Cyber & Governance: Bermuda Police say there are no active lines of inquiry into the 2023 government cyberattack, as the Public Accounts Commission continues looking at the financial side. Education Authority Debate: Opposition leader Ben Smith says the public needs more detail before Parliament approves an education authority model.

Digital Currency Policy: Premier David Burt says Bermuda’s proposed digital Bermuda dollar would be privately issued (not a central bank digital currency), pegged 1:1 to the US dollar and designed to run alongside other digital assets. Cybersecurity & Governance: Bermuda Police Service says there are no active lines of inquiry into the September 2023 government cyberattack, while the Public Accounts Commission continues looking at the $4.4m payment question. Renewables Skills: Minister Jason Hayward recognised nine Bermudians completing the 2026 Solar Photovoltaic Certification Programme at Bermuda College, highlighting hands-on training for solar installers. Energy & Regulation Debate: A fresh push-and-pull over Bermuda’s energy policy and solar treatment continues, with critics saying the island’s direction is unclear. Education & Data: A reading-performance claim is challenged as needing more data beyond Cambridge exam results, with concerns about why public school outcomes lag benchmarks. Tokenized Markets: Payward (Kraken) and GTN partner to expand xStocks tokenized equities beyond US assets into Hong Kong first, then the UK, Europe and South Korea. Regional Tech Connectivity: Google’s Nuvem submarine cable project is described as strengthening the Atlantic digital route via Bermuda and the Azores, with Portugal positioning itself as an AI infrastructure hub.

Cybersecurity & Public Accountability: Bermuda Police Service says it has no active lines of inquiry into the September 2023 government cyberattack, while the Public Accounts Commission is urged to keep probing the financial side, including a reported $4.4m payment. Digital Finance: Premier David Burt says Bermuda’s proposed “digital Bermuda dollar” would be privately issued (not by the Government or a central bank), as part of an onchain economy plan. Renewables Skills: Bermuda College recognised nine Bermudians completing a 2026 Solar Photovoltaic Certification Programme, building local capability for solar installation and safety. Energy & Policy Debate: A renewed call for clarity on Bermuda’s energy policy and integrated resource planning highlights confusion over whether solar is being supported or penalised. Telecom Infrastructure (Regional): Google’s Nuvem transatlantic cable—routing via Bermuda and the Azores to Portugal—moves Bermuda into the spotlight as an Atlantic data hub, with added interest from other tech firms. Education & STEM: BELCO awarded $202,500 in scholarships and education grants to 20 students, while Inspire Math & Science Summer Institute trained 20 young learners using Bermuda’s caves and marine ecosystems. Local Tech & Governance: Senators delayed a final vote on cost-of-living laws that critics say could enable price controls on essentials.

Regional Tech & Policy: CARICOM tax chiefs and revenue experts will meet in Guyana for the 27th COTA General Assembly and Technical Conference, with a focus on smart, data-driven and AI-enabled tax administration. Bermuda Cybersecurity: Bermuda Police Service says there are no active lines of inquiry into the September 2023 government cyberattack, while the Public Accounts Commission is still expected to pursue financial questions around a $4.4m payment. Renewables Skills: Bermuda College graduates nine Bermudians completing a 2026 Solar Photovoltaic Certification Programme, aimed at strengthening the island’s renewable-energy workforce. Energy & Infrastructure: Bermuda’s proposed “digital Bermuda dollar” would be privately issued (not a central bank digital currency), as the government frames it as a stable, onchain-ready version of the existing dollar. Digital Finance: Payward (Kraken) and GTN are partnering to expand xStocks tokenized equities beyond US markets into Hong Kong first, then the UK, Europe and South Korea. Local Tech & Community: B-Mobile launches a free Cup Match “Capture Selfie” experience using QR scanning for branded fan selfies and a live supporter leaderboard. Education & STEM: Inspire Math & Science Summer Institute brings 20 students (ages 11–13) into hands-on math and science using Bermuda’s caves, coastlines and marine ecosystems. Healthcare Innovation: BCHC CEO Dr Chris Fosker shares Bermuda’s model for delivering specialist oncology care locally while staying connected to international centres at a regional oncology conference.

Renewables Skills: Economy and Labour Minister Jason Hayward recognised nine Bermudians completing the 2026 Solar Photovoltaic Certification Programme at Bermuda College, awarding internationally recognised PVIL1 qualifications to strengthen local clean-energy capability. Scholarships & STEM Pipeline: BELCO handed out $202,500 in scholarships and education grants to 20 students, including major engineering and environmental studies awards, reinforcing Bermuda’s talent pipeline for tech and power. Cybersecurity Accountability: Bermuda Police Service says there are no active lines of inquiry into the September 2023 government cyberattack, while the Public Accounts Commission is still expected to pursue financial aspects like a $4.4m payment. Digital Currency Direction: Premier David Burt told Bloomberg Bermuda’s proposed digital Bermuda dollar would be privately issued (not a central bank digital currency), as stablecoin guidance and onchain plans continue to take shape. Procurement Scrutiny: Opposition claims no-bid housing contracts worth $418.5m were awarded to foreign firms without oversight from the Office for Project Management and Procurement, raising questions about transparency and controls. Regional Tech Connectivity: Google’s Nuvem submarine cable project—routing via Bermuda and the Azores—boosts transatlantic capacity and positions Portugal as an AI infrastructure hub, with other US tech firms exploring more cable projects. Tokenised Markets Expansion: Payward and GTN are expanding xStocks tokenized equities beyond US assets into Hong Kong first, then UK/Europe and South Korea, using GTN’s execution and custody network. Energy Policy Debate: A local commentary argues Bermuda’s energy policy direction remains unclear, pointing to solar-related tensions and shifting plans that affect household costs and investment confidence.

Renewables Skills Boost: Economy and Labour Minister Jason Hayward recognised nine Bermudians completing the 2026 Solar Photovoltaic Certification Programme at Bermuda College, training for PV installer work. Education & Energy Talent: BELCO awarded $202,500 in scholarships and education grants to 20 students, with recipients studying engineering and other tech-linked fields. Cybersecurity Watch: Bermuda Police Service says it has no active lines of inquiry into the September 2023 government cyberattack, while the Public Accounts Commission is still expected to look at the $4.4m payment issue. Digital Government IP Upgrade: Bermuda became the first country to deploy WIPO’s IPAS cloud platform, replacing the legacy trademarks system and paving the way for online IP services. Fintech & Policy: Premier David Burt says the proposed “digital Bermuda dollar” would be privately issued (not a central bank digital currency), and the BMA warned firms about fraudulent emails demanding USDC payments. Local Tech & Procurement Tension: Opposition alleges no-bid housing contracts for affordable homes were awarded without oversight, raising questions about procurement rules and transparency. Energy Systems Debate: Senators delayed a final vote on cost-of-living laws that critics say could enable price controls on essential items. Renewable Energy Training & Community: Inspire Math & Science Summer Institute wrapped up with 20 students using Bermuda’s caves and marine ecosystems for hands-on science and maths. Tokenized Markets Expansion: Payward and GTN plan to expand xStocks tokenized equities beyond US assets into international markets, starting with Hong Kong. Local Energy Infrastructure: Bermuda Run East Pedestrian Plan is on track, with early phases ready for bidding and work expected to begin in October.

Cybersecurity & Public Finance: Bermuda Police Service says it has no active lines of inquiry into the September 2023 government cyberattack, while Parliament’s Public Accounts Committee may still dig into the $4.4m payment question. Digital Currency Policy: Premier David Burt says Bermuda’s proposed digital dollar would be privately issued (not a central bank digital currency), raising questions about how it fits with existing stablecoin-style arrangements. Financial Crime Watch: The Bermuda Monetary Authority warns of a fraudulent email demanding a $50,000 payment via USDC to a digital wallet, urging firms to verify BMA emails using the @bma.bm domain. IP Modernisation: Bermuda becomes the first country to deploy WIPO’s IPAS cloud platform, replacing legacy trademark systems and paving the way for patents and registered designs online. Energy & Governance: Senators delay a final vote on cost-of-living laws that critics say could enable price controls, while separate coverage highlights confusion around Bermuda’s energy policy and planning. Local Tech & Community: B-Mobile launches a free Cup Match “Capture Selfie” experience using QR scans—no app needed—plus Bermuda Run’s East Pedestrian Plan moves toward bids for new walkable routes. Regional Tech Links: Google’s Nuvem submarine cable route is set to connect the US, Bermuda, the Azores and Portugal, and Portugal is courting more submarine cable projects as it builds an Atlantic data hub.

Subsea Connectivity: Google’s Nuvem cable has been activated, linking Sines (Portugal) to Myrtle Beach (US) with branches to Bermuda and the Azores, boosting transatlantic capacity to 384 Tbps and aiming for service in 2027—another signal that Bermuda’s role in Atlantic digital infrastructure is growing. Bermuda Digital Governance: Bermuda has deployed WIPO’s IPAS cloud platform, replacing the legacy IP system and modernising trademarks administration, with plans to extend online services to patents and registered designs. Financial Crime Watch: The Bermuda Monetary Authority warned regulated firms about a fraudulent payment email demanding US$50,000 in USDC, urging recipients to verify sender domains and use known contact channels. Stablecoin Rules: The BMA opened a consultation on stablecoin guidance for Bermuda captives and related structures, proposing limited-purpose insurers keep stablecoin exposure to 25% of statutory capital and surplus. Tokenised Markets: Payward (Kraken) and GTN partnered to expand xStocks beyond US stocks/ETFs into international equities, starting with Hong Kong and then the UK, Europe and South Korea. Local Tech & Education: Inspire Math & Science Summer Institute wrapped up with 20 students (ages 11–13) doing hands-on maths and science across Bermuda’s caves, coasts and marine ecosystems. Public Safety Tech: New National Security Minister Ryan Robinson Perinchief outlined plans to roll out automated speed cameras (with licence-plate recognition) by late 2026 as part of a wider road-safety push. Policy Tension: Senators delayed a final vote on cost-of-living laws that critics say could enable price controls on essential items, with a likely Senate decision in September.

STEM Education: Inspire Math & Science Summer Institute wrapped up in Bermuda with 20 students (ages 11–13) learning math and science through caves, coastlines and marine ecosystems, led by Dr. Lou Matthews and local educator Tim Sousa. Digital Fan Tech: B-Mobile launched the free “Capture Selfie” experience for Cup Match 2026, letting fans scan a QR code or use a link to create team-branded selfies and join a live supporter leaderboard. Local Infrastructure: Bermuda Run East Pedestrian Plan is on track, with Phase 1 and 2 (Riverbend Drive and Bermuda Run Drive) combined for permitting and a bid process, and work expected to start in October. Policy & Cost of Living: Senators delayed a final vote on cost-of-living laws that critics say could enable price controls, likely pushing the next step to September. Digital Currency: Premier David Burt says Bermuda’s proposed “digital Bermuda dollar” would be privately issued (not a central bank digital currency). Cyber & Finance Oversight: The BMA warned of fraudulent payment emails demanding USDC transfers, urging checks for the official @bma.bm domain. Bermuda’s IP Systems: Bermuda became the first country to deploy WIPO’s IPAS cloud platform, replacing legacy trademark systems and paving the way for patents and designs services. Stablecoins for Captives: The BMA opened a consultation on stablecoin use guidance for Bermuda insurance and investment structures, with feedback due by 30 September 2026. Transatlantic Connectivity: Google’s Nuvem cable landed in Portugal, with branches reaching Bermuda and the Azores, boosting AI-era data capacity between continents. Tokenized Markets: Payward and GTN partnered to expand xStocks beyond US assets into international equities, starting with Hong Kong.

Bermuda Policy & Cost of Living: Senators have delayed a final vote on the Cost of Living Amendment (No 2) Act 2026, after opposition argued it could enable government price controls on essential items and critical services—pushing the next step to September. BMA Cyber & Fraud Watch: The Bermuda Monetary Authority warned regulated firms about a fraudulent email demanding a US$50,000 payment via stablecoin to a digital wallet, urging recipients to verify BMA emails use the @bma.bm domain and to contact the Authority directly. Stablecoins for Captives: The BMA launched a consultation on stablecoin use for Bermuda limited-purpose insurers and related structures, proposing exposure capped at 25% of statutory capital and surplus, with feedback due by 30 September 2026. Transatlantic Connectivity: Google’s Nuvem submarine cable is now active, linking Portugal (Sines) to the US (Myrtle Beach) with branches to Bermuda and the Azores, boosting AI-era bandwidth at 384 Tbps. Cyberattack Oversight: Bermuda’s Public Accounts Committee is set to consider a financial review tied to the 2023 government IT cyberattack, following a joint select committee report that suggested ransom-related spending may have been involved. Local Tech & Skills: BELCO wrapped up a 17-student summer internship programme across engineering, IT, and operations, while Bermuda College announced the Ashay Programme launching in September.

Subsea Connectivity: Google has switched on its Nuvem transatlantic cable, linking Portugal (Sines) to the U.S. (Myrtle Beach) with branches to Bermuda and the Azores, boosting capacity to 384 Tbps and aiming for full service in 2026/2027—good news for Bermuda’s digital infrastructure and AI-driven demand. Stablecoin Regulation: The Bermuda Monetary Authority launched a consultation on stablecoin use for limited-purpose insurers, ILS structures, investment funds and intermediaries, proposing a cap of 25% of statutory capital and surplus, with feedback due by 30 Sept 2026. Energy Planning: Bermuda’s Integrated Resource Plan process has been formally suspended for up to 18 months as the Government seeks alignment with policy on affordability, while Belco asks for clarification after the plan’s recent publication. Cyber & Education Tech: Bermuda’s Department of Education rolled out a new online substitute teacher application platform, and the Office of Youth Affairs is pushing parent cyber safety and digital wellness courses. Local Tech in Finance/Insurance: Howard Hughes named Marc Grandisson executive chairman and David Gansberg CEO designate for Vantage, following its Bermuda-based acquisition. Workforce & Skills: BELCO wrapped up a 17-student summer internship programme across engineering, IT and operations. Community Tech Meets Sport: CiMiNow is the official digital ticketing provider for Cup Match 2026, using secure QR entry.

BMA Stablecoin Push: The Bermuda Monetary Authority has launched a consultation on draft guidance for “recognised stablecoins” in limited-purpose insurers, ILS structures, and investment funds, proposing stablecoin exposure capped at 25% of statutory capital and surplus; feedback is due by 30 Sept 2026. Energy Planning Pause: Bermuda’s Integrated Resource Plan process has been formally suspended for up to 18 months, with the government citing affordability and policy alignment, while Belco seeks clarification on timing and role. Education Results Under Review: The Cambridge Checkpoint Report (2023–2025) is tabled in the House, with ministers pointing to a widening gap between high- and low-performing students, especially in math and science. Digital Public Services: The Education Department has launched a new online substitute teacher application platform to streamline recruitment and protect applicant data. Tech & Connectivity: Google’s Nuvem submarine cable lands in Portugal with a planned 2027 service, including landing points in Bermuda, boosting transatlantic resilience for cloud and AI demand. Local Tech in Action: CiMiNow is named official digital ticketing provider for the 2026 Cup Match Classic, using secure QR entry. Insurance Leadership: Howard Hughes’ Vantage leadership changes name Marc Grandisson executive chairman and David Gansberg CEO designate after the Vantage acquisition.

Stablecoin rules consultation: The Bermuda Monetary Authority has launched a consultation on proposed guidance that would let certain regulated insurance and investment structures use recognised stablecoins, while commercial insurers are initially excluded. Education tech and outcomes: The Ministry of Education tabled Bermuda’s Cambridge Checkpoint Report (2023–2025), with ministers pointing to a widening gap between high- and low-performing students, especially in maths and science, and also rolled out parent cyber safety and digital wellness courses. Energy planning shake-up: Bermuda’s Integrated Resource Plan process has been suspended for up to 18 months, with Government citing affordability and policy alignment, while BELCO pushed back on what it called inaccuracies about its role and the timeline. Cybersecurity accountability: A parliamentary committee report on the 2023 government IT cyberattack says a $4.4m payment may have covered ransom-related costs, and recommends further investigation by the Public Accounts Committee. Local innovation and training: BELCO wrapped up a 17-student summer internship programme across engineering, IT, operations and more, and Bermuda College will launch the Ashay Programme in September. Community tech in action: CiMiNow is named official digital ticketing provider for the 2026 Cup Match Classic, using secure QR entry. Careers and research links: Bermuda’s education and skills pipeline also featured in updates on substitute teacher recruitment moving to a new online substitute application platform.

Education Tech & Data: Bermuda’s Department of Education launched a new online Substitute Application Platform to streamline hiring and protect applicant data for 2026–2027. Cybersecurity Accountability: A parliamentary committee report on the 2023 government IT cyberattack says ransom demand/payment activity may have occurred, with a call for further investigation into who was paid and why. Energy Planning Shock: The Integrated Resource Plan process was formally suspended for up to 18 months, with BELCO and the Government trading statements over timeline and affordability. Learning Gaps: Cambridge Checkpoint results for 2023–2025 show a widening gap between high- and low-performing students, especially in math and science. Workforce & Skills: BELCO wrapped a summer internship programme for 17 students across engineering, IT, operations and more. Community Tech & Safety: Parent Cyber Safety and Digital Wellness courses were updated for families navigating AI, privacy and online habits. Local Research Talent: A Thornbury student won a Cambridge research prize and is interning at BIOS studying microbial ecology and reef biogeochemistry. STEM in the Wild: Bermuda College will launch the Ashay Programme in September with culturally relevant classes for ages 5–16, parents and adults. Global Tech Watch: Cushman & Wakefield’s US office market research points to improving demand beyond top cities.

Cybersecurity Oversight: Bermuda’s parliamentary joint select committee on the 2023 government IT cyberattack says indicators suggest a ransom demand and possible ransom-related payments, but it won’t confirm the full amount was paid as ransom—recommending further scrutiny by the Public Accounts Committee. Education Tech & Outcomes: The Ministry of Education tabled Bermuda’s Cambridge Checkpoint Report (2023–2025), pointing to a widening gap between high- and low-performing students, especially in math and science, and calling for system-wide support. Energy Planning Pause: Bermuda has suspended its Integrated Resource Plan process for up to 18 months, with Government citing affordability and policy alignment; BELCO says the suspension and its role were misrepresented. Digital Skills for Families: Parent Cyber Safety and Digital Wellness courses are rolling out to help guardians manage summer online risks, from screen time to AI and privacy. Workforce Platform: The Department of Education launched a new online substitute teacher application platform to streamline recruitment and protect applicant data. Local Innovation in IT Services: Gnosis appointed Bermudian IT/cyber business leader Shane McDonnell as client partner to grow enterprise and government relationships. Sports Tech & Turf Research: World Cup pitch coverage highlights FIFA’s natural grass approach at MetLife, including Bermuda grass research and hybrid turf development used for elite play. Community & STEM Pathways: Bermuda College and corrections received supplementary funding, including $15.2m tied to the Compass Point purchase, with IT upgrades planned.