You are here: Home
Financial Literacy
JoJo Say's
Introducing ComplianceAid and theListpro
ComplianceAid is an international Anti-Money Laundering (AML) & Countering the Financing of Terrorism (CFT) Consulting Firm with customers in thirty (30) countries and territories across the Americas. ComplianceAid offers Resources, Education and Advisory Services to Regulated Businesses and Institutions. Customers range from Micro business to Fortune 500, active in thirty » Read MoreIn The News
-
18. April 2016 - In The News
Martinique is now a member of the OECSMartinique now a member of OECS | Caribbean360 The French overseas territory of Martinique has been given the green light to join the Organisation of Eastern Caribbean States (OECS). Read more: http://www.caribbean360.com/news/martinique-joins-oecs#ixzz46CEoRBAp -
26. February 2016 - In The News
Concern over credit union liquidityAlthough credit unions are facing credit quality risks, their assets are continuing to grow. This information was contained in the latest Financial Stability Report issued by the Central Bank and Financial Services Commission (FSC), the latter which regulates credit unions – See … Continue reading → -
25. January 2016 - In The News
ECCU’S NON PERFORMING LOANS HIGHEST IN CARIBBEANThe non-performing loans ratio in the Eastern Caribbean Currency Union (ECCU) stands at 18 percent, the highest in the entire Caribbean and well over the recommended 5 percent mark for the sub-region. http://www.caribbeannewsnow.com/topstory-ECCU-non-performing-loan-ratio-highest-in-region-27611.html -
25. January 2016 - In The News
MANDATORY PARTICIPATION IN GUYANA’S CREDIT BUREAUIn a move to give financial institutions better access to information contained in financial transactions, the National Assembly has passed a more enabling legal framework, to allow for mandatory participation, with regards to the delivery of credit reporting services. Read … Continue reading → -
25. January 2016 - In The News
THE ECCB WELCOMES A NEW GOVERNORMr. Antoine, a Grenadian national, succeeds Sir K Dwight Venner who retired on 30 November, 2015. http://eccb-centralbank.org/PDF/News_Release_-_New_Governor_for_the_ECCB.pdf -
27. November 2015 - In The News
Barbados government to provide credit guarantees for SMEsIn Partnership with the Inter-American Development Bank and the China Co-financing Fund for Latin America and the Caribbean, the Central Bank of Barbados will be executing a fund with capital of $70 million BDS (US$35 million) to aid small and medium-sized … Continue reading → -
27. November 2015 - In The News
Jamaica tops Anglophone Caribbean on ease of doing business in Doing Business Report 2016Jamaica is not only ranked among the ‘top 10 improvers’ in terms of performance on the Doing Business indicators but has become the easiest place to do business among the English-speaking Caribbean. https://caribbeantradelaw.wordpress.com/2015/10/30/jamaica-tops-anglophone-caribbean-on-ease-of-doing-business-in-doing-business-report-2016/ -
27. November 2015 - In The News
BEWARE ANOTHER FATCA? Barbados is a signatory to the automatic exchange of information agreement under the Multilateral Competent Authority.In speaking to the media International Business Minister Donville Inniss stated that “As we did with the Foreign Account Tax Compliance Act (FATCA) to the United States of America, I would have signed a government agreement on behalf of the … Continue reading → -
27. November 2015 - In The News
CARIBBEAN LIKELY TO SUFFER COLLATERAL DAMAGE FROM TAX CRACKDOWNFar from being the ‘notorious tax haven’ that had been suggested by international pressure groups, the BVI was listed as one of the best in the world, and was well regulated and run, with all activities well within the laws … Continue reading → -
27. November 2015 - In The News
Automatic Exchange Of Information Expected To Begin As Early As 2017Barbados would have recently adopted the Standard for Automatic Exchange of Financial Account Information in Tax Matters (also referred to as the Common Reporting Standard or CRS). This standard would require states to obtain information from their financial institutions and automatically … Continue reading → -
26. November 2015 - In The News
CHANGES ALREADY BEING MADE TO LEGISLATION TO MAKE WAY FOR THE COMMON REPORTING STANDARD (CRS)A request to the House of Assembly has already been made to amend the Income Tax Act to allow the Barbados Revenue Authority (BRA) to collect, store and share information from the appropriate taxpayers with competent authorities in other jurisdictions. … Continue reading → -
13. November 2015 - In The News
The Corporate And Trust Service Providers ActThe Corporate And Trust Service Providers Act seeks to regulate the providers of corporate and trust services, includes procedures to ensure due diligence requirements are complied with and enables the protection of the interests of specified entities. Its administration is under … Continue reading → -
2. November 2015 - In The News
Anti-Money Laundering (AML) is Everyone’s business by Michelle MartinThe implementation of AML regulation concerns every business and citizen. Insuring your life or house, opening a bank account, buying real estate and even traveling abroad are a few examples of activities that will have your life scrutinized. By law … Continue reading → -
2. October 2015 - In The News
THE NEW BIG BROTHERThe new big brother – Caribbean Times News By Brian M. Francis (Ph.D) Adam Thierer, in an eye-opening piece written nearly five years ago, had carefully analysed the impact of “Regulatory Capture” in an article entitled “Regulatory Capture: What the … Continue reading → -
27. January 2015 - In The News
Foreign Account Tax Compliance Act Agreement SignedBarbados has signed an agreement with the United States to help improve international tax compliance and to implement (FATCA). The agreement was signed in Bridgetown last Monday and within this agreement both countries will collect bank account and other prescribed … Continue reading → -
21. November 2014 - In The News
Barbados Credit Union League is Bidding to host 2016 CCCUBarbados Cooperative and Credit Union League is making a bid to host the 2016 Convention of Caribbean Credit Union (CCCU) at the Lloyd Erskine Sandiford Conference Centre in Barbados. The league is reporting positive feedback from the Confederation since we … Continue reading →
Subscribe Now