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#BTColumn - To de-risk or not to de-risk?

#BTColumn - To de-risk or not to de-risk?
barbadostoday.bb - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barbadostoday.bb Daily Mail and Mail on Sunday newspapers.

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#BTEditorial - Derisking, cutting us off at the knees

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 ....

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Barbados to seek another IMF loan | Loop Caribbean News

Prime Minister Mia Motley Friday announced that Barbados would be seeking a new loan agreement with the International Monetary Fund (IMF) this month, telling Barbadians “these are indeed rough waters”.

In 2018, the Washington-based finan ....

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Barbados PM makes impassioned plea on behalf of Caribbean

Barbados PM makes impassioned plea on behalf of Caribbean
barbadostoday.bb - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barbadostoday.bb Daily Mail and Mail on Sunday newspapers.

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Daily Financial Regulation Update -- Thursday, September 15, 2022 | Paul Hastings LLP

September 14, 2022- U.S. House Committee on Financial Services Chair Maxine Waters delivered the opening statement at the full committee hearing entitled, "When Banks. ....

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