1.1 The national banks licensed by the Eastern Caribbean Central Bank (ECCB) under the Banking Act, 2015 have been in discussion regarding the consolidation of the Eastern Caribbean Currency Union (ECCU) national banking sector. The consensus of the discussions is that consolidation of the sector be pursued over a period of time and that an initial step ought to be taken in the form of a shared services approach. 1.2 Via correspondence to all 12 licensed national banks, the ECCB…
Corporate Governance in focus at CAACM Conference Antigua 2019
Saint Lucia, Tuesday July 2nd, 2019 : Audit committee directors and audit practitioners from across the Caribbean region gathered at the Royalton Antigua for the Caribbean Association of Audit Committee Members Inc. (CAACM) 13th Annual Conference and AGM. The two-day event (June 27-28, 2019) was attended by over 80 participants under the theme ‘Riding the Wave of Disruption – Practical Aids for the Impending Challenges.’ Antigua and Barbuda’s Prime Minister and Minister of Finance and Corporate Governance, the Honorable Gaston Browne, delivered…
2019 CEO & Director Forum – Presentations
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DOWNLOAD: Deloitte Governance Workshop
Roger Hennis and Daryl Walcott-Grappie of Deloitte led the inaugural CAB Training Day, as part of our Fourth Annual CEO and Director Forum, 7-8 June at the Hyatt Regency in Miami, Florida, U.S.A. Dozens of attendees from the Caribbean and North America learned more about global trends and best practices in governance, from one of the world’s most respected names in the field. You can download the presentation by Deloitte below. The CEO and Director Forum is one of the…
Focus on Banking Opportunities & Threats at CEO Forum
Saint Lucia, Monday June 7th, 2018 : Industry leaders, CEO’s, directors, compliance professionals, key decision-makers, and representatives of regional and international bodies were in attendance this past weekend as the Caribbean Association of Banks (CAB) Inc. staged its Fourth Annual CEO and Director Forum, 7-8 June at the Hyatt Regency in Miami, Florida, U.S.A. Dozens of attendees from the Caribbean and North America discussed opportunities and threats in the regional financial services sector. Speakers at the weekend’s gathering represented some of…
CAB Chair Joins CCJ Trust Fund Board
Mr. Dalton A. Lee, chairperson of the Caribbean Association of Banks Inc. (CAB) has been nominated to sit on the Board of Trustees of the Caribbean Court of Justice Trust Fund (CCJTF) as of 28 February 2019. Mr. Lee, the chairperson and one of the founders of Bank of Montserrat Limited, replaces Mr. Farid Antar as the CAB representative on the CCJTF Board of Trustees. Mr. Antar, an experienced and highly respected banker with over 39 years of outstanding service…
Caribbean Banking Professionals Receive Social Media Training
A total of 22 participants from 12 organisations in six different territories took part in a training session hosted by the Caribbean Association of Banks (CAB) Inc. The two-day workshop, entitled Social Selling Re-Invented, prepared participants to more effectively connect with potential clients via social media, and to more readily use Web 2.0 tools for sales and marketing. Registrants from Antigua and Barbuda, the British Virgin Islands, the Commonwealth of Dominica, Montserrat, Saint Lucia, and Suriname convened at the Coco…
Caribbean Association of Banks congratulates ECCB
Caribbean Association of Banks Inc. has extended congratulations to the Eastern Caribbean Central Bank on its recently-announced digital currency pilot project, which is expected to positively impact the finance sector The Caribbean Association of Banks Inc. (CAB) has committed its support to the Eastern Caribbean Central Bank (ECCB), and that latter organisation’s decision to issue a blockchain-issued Central Bank Digital Currency (CBDC) in 2019. The announcement of the digital currency pilot was made by Governor of the ECCB, Dr. Timothy N. J.…
Caribbean Association of Banks attends FSB Remittances Workshop
Saint Lucia, Tuesday March 12 th , 2018 : The Financial Stability Board (FSB), in collaboration with Standard Chartered Bank, hosted a Remittances Workshop in London, England, on March 11th, 2019. The subject matter of the one-day workshop was “Remittance service providers’ access to banking services.” The Caribbean Association of Banks (CAB) Inc. was represented at this meeting by Board member and immediate past chair, Joanna Charles. Ms. Charles is the General Manager of the Antigua Commercial Bank. Ms. Charles sat with fellow…
Caribbean Association of Banks to attend 2019 FIBA AML Conference
Saint Lucia, Tuesday March 12th, 2018 : The North American and Caribbean basin financial sector will meet in coming days for a significant anti-money laundering (AML) event. The Florida International Bankers Association (FIBA) is staging its 19th AML Compliance Conference in Miami, Florida, USA, March 11th to 13th. The theme of this year’s gathering is Shaping The Future Of The Fight Against Financial Crime. The event will be attended by decision-makers and compliance professionals from the Caribbean, USA, Canada, and Mexico. Among…