April 22, 2021

Stay in the Loop for the Week ending 22 November, 2019

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From CARICOM Secretariat STAY IN THE LOOP In this episode, Communications Officers at the CARICOM Secretariat, Ms Tusankine English-Francis and Ms Michelle Nurse, present a weekly news roundup of the latest from the Caribbean Community.Highlights:46:27 – CARICOM Committee of Ambassadors Meeting in Georgetown01:26:03 – COTED reviews important trade matters04:34:05 – Health and trade ministers discuss actions to slow NDCs onslaught07:05:21 – […]

Caricom to employ lobbyist to tackle ‘de-risking’ issues

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GEORGETOWN—Caribbean Community (Caricom) leaders have agreed to employ the services of a lobbyist to help the region deal with the issue of de-risking in the banking sector, Antigua and Barbuda’s Prime Minister Gaston Browne has said. Correspondent banks, which are mainly large, international banks domiciled in the United States of America, Europe and Canada, provide […]

Caribbean crisis: Derisking could be most devastating threat – Arthur

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By Marlon Madden From Barbados Today The Caribbean is facing a crisis imposed on it by other countries, and which has the potential to inflict the most devastating blow, according to former Prime Minister Owen Arthur. Speaking yesterday on The Crisis in Correspondent Banking and its Impact on Sustainable Economic Development in the Caribbean at […]

New Acting Head of Banking Supervision Division appointed by Cayman Islands Monetary Authority

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(Grand Cayman – Tuesday, 13 September 2016) Mrs. Gloria Glidden has been appointed Acting Head of the Banking Supervision Division as of 1 October 2016 consequent to the resignation of outgoing Head, Mr. Charles Ilako. His last day will be on 28 September 2016. The Authority expresses thanks and appreciation to Mr. Ilako for his service. Mrs. […]

The Caribbean Association of Banks applauds IMF Managing Director Christine Lagarde

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PRESS RELEASE:-St. Lucia, Fri. August 26, 2016: The Caribbean Association of Banks Inc. (CAB) strongly supports the recent remarks and proposed approach of IMF Managing Director Christine Lagarde, regarding the de-risking/correspondent banking issue. As she states, “It is a collective action problem that calls for a collective solution” The CAB has been active in raising and […]

Jamaica & U.S. co-host public-private dialogue on Correspondent Banking

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In recognition of the significant financial ties between the United States and the countries of the Caribbean, the Bank of Jamaica and the United States Department of the Treasury hosted a public-private roundtable on correspondent banking that took place on April 5, 2016. The success of this dialogue was due to the participation of key […]