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Le Hunte proposes insurance solution to safeguard correspondent banking...

CORRESPONDENT banking, which has been a lifeline for many economies, has faced significant challenges due to the perceived risks associated with Anti-Money Laundering (AML) fines, executive director for the Caribbean ....

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PM to make historic appearance - Barbados Today

Prime Minister Mia Mottley will on Wednesday present a case for authorities in Washington to take decisive action to fix the damage caused to Caribbean economies by the loss of correspondent banking.In a historic appearance before the full committee of the United States House Committee on Financial Services, Mottley will become the first Prime Minister in near four decades to testify before the American Congress at a hearing entitled, When Banks Leave: The Impact of De-Risking on the Caribbean and Strategies for Ensuring Financial Access.The hearing stems from The Roundtable Discussion on De-Risking held in Barbados in April this year, which brought together Caribbean leaders, other regional high-level officials, and US representatives led by Congresswoman Maxine Waters who heads the US House Committee on Financial Services.In recent years, Caribbean countries have been grappling to cope with large foreign financial institutions scaling back or terminating their relationships with bank ....

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Cost Of Two Trips By Premier: $12,631 & $5,371

Cost Of Two Trips By Premier: $12,631 & $5,371
bernews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bernews.com Daily Mail and Mail on Sunday newspapers.

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The Daily Herald - Loss of correspondent banking will pose serious threats to region – PM

Prime Minister Mark Phillips.

BRIDGETOWN, Barbados Prime Minister (PM), Retired Brigadier Mark Phillips stated on Wednesday that the loss. ....

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