No release has yet been issued by OfReg, which continues to come under fire for perceived excessive spending without any tangible results when it comes to regulating the local utilities or managing competition. The office has also been criticised for being top heavy, with directors and chiefs in every section, a near punch-up among board members, and for failing to address some of the key concerns impacting local utilities, particularly how the fuel is priced at the pump.
OfReg has also been criticised over the loss of the local television news channel, as it seemed unable to resolve the issue of local content, and balance the broadcasting licence fees for Cayman 27 against the lack of profitability in producing local programming.