October 23, 2021

Gonsalves steps down from ECCB’s Monetary Council

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From Jamaica Observer CASTRIES, St Lucia (CMC) — Prime Minister Dr Ralph Gonsalves of St Vincent and the Grenadines has been hailed for his contribution to the Monetary Council of the Eastern Caribbean Central Bank (ECCB). Gonsalves, one of the longest serving members of the Monetary Council has stepped down, paving the way for his […]

Possible 2017 payout for ECCU British American policyholders

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By LK Hewlett BASSETERRE, St Kitts (WINN) — Regional policyholders of the British American Insurance Company Limited (BAICO) may be one step closer to receiving a payout, eight years after the company collapsed. Close to 4,000 individuals and businesses in St. Kitts and Nevis were among the many policyholders in the Eastern Caribbean who suffered […]

St Kitts-Nevis passes legislation to bring relief to BAICO policyholders

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BASSETERRE, St Kitts (SKNIS) — The BAICO (Plan of Arrangement) Bill, 2016, passed into law at the sitting of the St Kitts and Nevis National Assembly on Tuesday, will “provide the legal framework to implement a plan of arrangement to resolve the long outstanding matter of payments to the policyholders of the failed British American […]

National Pensions Office meet with Employer Pension Plan Administrators

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The National Pensions Office (NPO), a division of the Department of Labour & Pensions (DLP) recently held a meeting with representatives of the six Multi-Employer Pension Plan Administrators (MEPPA’s) to reinstitute a protocol of regular meetings and contacts between the regulator and the registered pension administrators. There are sixteen registered employer pension plan administrators in […]