CAB Represents At International Fora

Over the coming week, the Caribbean Association of Banks (CAB) Inc. is being represented at a number of events of import to the regional banking sector. Participation in these fora is in line with the CAB’s status as the representative body and recognized voice for banks and other financial institutions in the Caribbean.

CAB Chairperson Ms. Leesa Kow and CEO Ms. Wendy Delmar will represent CAB at a Fireside Chat and Global Economic Outlook on 8 December in Miami, Florida, USA. The event is being hosted by the BAFT (Bankers Association for Finance and Trade) North America Council and LATAM Working Group, and will be followed by networking and cocktail event. BAFT is the leading global industry association for international transaction banking.

CAB will also be represented at the Caribbean Conference on Corruption, Compliance, and Cybercrime, 3Cs. This event is being hosted by the Office of Integrity, Compliance and Accountability of the Caribbean Development Bank. As part of this Conference, which will run virtually from 7-8 December, Ms. Delmar will be one of the panelists on Strategic Solutions to De-Risking of Correspondent Banking Relationships for the Caribbean: Pros, Cons and the New Normal. The virtual Conference is free and all are invited to register and attend.

The following week, Ms. Delmar will also participate in the Anguilla FinTech and Compliance Conference, where she will engage Waleed Samarah, Inspector of Microfinance and Credit Bureau Supervision Department at the Central Bank of Jordan, as he presents on Ready, Set, Launch: Propelling Innovation and Inclusion through FinTech. Hosted by the Financial Services Commission of Anguilla, the Conference is slated to run 13-14 December, and will be online.

Ms. Delmar participated in the 2nd Caribbean #ESG & Climate Financing Summit (#CaribESG 2022) on 30 November in Port of Spain, Trinidad & Tobago, moderating a spirited discussion on the topic, New Frontier: ESG & Capital-Raising for Caribbean Corporates. Along with Andre Gooden, JSE; Tricia Kissoon, JMMB Investments; and Kris Wilson, CIBC FirstCaribbean, the panel examined the question: What do Caribbean companies need to know about current and emerging opportunities to translate good ESG into access to capital and increased valuations?

ESG, green finance, compliance, fintech, and de-risking and correspondent banking relationships, were all among the key topics of interest and relevance shared by CAB members and arising from the 49th Annual General Meeting and CAB Conference, hosted in Saint Lucia last October. Over 200 banking professionals gathered on that occasion to dialogue on the pertinent issues deemed to be shaping the industry at this juncture.

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The Caribbean Association of Banks, Inc. is the representative body and recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.

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