October 2018 Newsletter – Financial Information Month
Financial Information Month (FIM) is a regional financial, economic, business and entrepreneurial education campaign executed in the Eastern Caribbean Currency Union (ECCU) since 2002, through the collaborative efforts of the Eastern Caribbean Central Bank (ECCB), ECCU member governments, financial and academic institutions, the media, other private and public sector institutions and community-based groups.
Read MoreSeptember 2018 Newsletter – Anti-Bribery and Corruption (ABC)
Bribery and Corruption have long been perceived as major obstacles to socio-economic and international economic relations. The scale of the problem of bribery and corruption is significant at both the corporate and governmental level.
Read MoreAugust 2018 Newsletter – Correspondent Banking
Correspondent banking is the provision of banking services by one bank (the “correspondent bank”) to another bank (the “respondent bank”). Large international banks typically act as correspondents for thousands of other banks around the world.
Read MoreJuly 2018 Newsletter – National Risk Assessment
A National Risk Assessment (NRA) is a comprehensive assessment of money laundering and terrorist financing risks (ML/TF) in a country. An NRA report highlights good governance practices in establishing NRAs and how the results are used to inform public policy and makes concrete recommendations where improvements could still be made.
Read MoreJune 2018 Newsletter – Common Reporting Standard
The Common Reporting Standard (CRS) was developed by the Organization for Economic Cooperation and Development (OECD) as the global standard for the automatic exchange of financial information for tax purposes.
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