Latest Breaking News On - Ensuring financial access - Page 1 : comparemela.com

The Caribbean has made one of its strongest cases yet to a global superpower over the vexing issue of derisking and  the quickly disappearing access to correspondent banking services. The situation poses a grave threat to our small and vulnerable economies.In a historic presentation to the United States House Committee on Financial Services led by chairwoman Maxine Waters, the regional representatives convincingly argued their case and succeeded in putting a human face to what has become a burgeoning crisis.Prime Minister Mia Mottley is fittingly being praised for giving leadership to the issue and for using the global leverage she has acquired over the past  four years, to force the American political actors to take a second look at the consequences of this over-regulation of the region’s financial sector.Under the theme When Banks Leave: The Impacts of De-Risking on the Caribbean and Strategies for Ensuring Financial Access, Mottley led a formidable team of expert witnesses inclu

United statesTrinidad and tobagoCity ofUnited kingdomWendy delmarMia mottleyMaxine watersAmit sharmaWayne shahKeith rowleyWazim mohamed mowlaUnited states house committee on financial servicesWells fargo bankBelize bankUs state departmentCaribbean initiative