International news agency

Search Results for: Caribbean

10 results out of 312 results found for 'Caribbean'.

KNITWEAR PRODUCTION GROWS IN THE CARIBBEAN – BUT STARTING FROM A LOW BASE

KNITWEAR is a key part of the growth in clothing manufacturing that is becoming an important part of the economies of several Caribbean countries, providing thousands of jobs and producing…

Read more

OVERSEAS TERRITORIES CONTEST NOTION THAT OPEN BENEFICIAL OWNERSHIP REGISTERS ARE MOST EFFECTIVE

…and how much in relation to Cayman companies”. Jude Scott, CEO of the Caribbean archipelago’s financial industry organisation Cayman Finance, argued that verifiable beneficial ownership private registers, such as that…

Read more

UK BENEFICIAL OWNERSHIP VOTE ALARMS OVERSEAS TERRITORIES

…40.5% of the territory’s USD2.96 billion GDP (in 2016). See https://www.eso.ky/app/webroot/data/files/Pie%20Chart-GDP%20Share%20by%20Industry%202016.pdf The 60,765 islanders have a USD48,314 annual GDP-per-head lifestyle. *These incomes far exceed those of many Caribbean independent countries…

Read more

INTERNATIONAL REGULATORY ROUND UP - EU MINISTERS APPROVE 5AMLD REFORMS

…(ATAIC), the Commonwealth Association of Tax Administrators (CATA), the Inter-American Center of Tax Administrations (CIAT), the Caribbean Organization of Tax Administrators (COTA), the Center for Exchange and Studies of Tax…

Read more

AML RULES BEING STRENGTHENED IN HIGH-RISK VANUATU

AS in the Caribbean, small island jurisdictions in the south Pacific vary regarding their anti-money laundering (AML) exposure through the extent to which they host offshore financial sectors. As a…

Read more

NEW CALEDONIA TO INTRODUCE NEW EU AML LAWS, DESPITE BEING OUTSIDE EU

…Polynesia and Martinique (in the Caribbean), saw “a sharp rise” in submissions of suspicious transaction reports (STRs) in 2016 compared to 2015 – with AML/CFT reports from French overseas territories…

Read more

SINT MAARTEN AIRPORT OPENS TEMPORARY DEPARTURES HALL AS HURRICANE REPAIRS TO OLD TERMINAL CONTINUE

PRINCESS Juliana International Airport, the Sint Maarten-based north-east Caribbean hub, which suffered heavy damage from last September’s Hurricane Irma, has opened an air-conditioned temporary departures pavilion. A temporary arrivals pavilion…

Read more

ACCA-QUALIFIED CARIBBEAN AIRLINE BOSS STEERS HER COMPANY TOWARDS RECOVERY FROM MAJOR HURRICANE LOSSES

…Joined CIBC (now FirstCaribbean International Bank) (NOTE TO EDITOR – NO SPACE BETWEEN ‘FIRST’ AND ‘CARIBBEAN’ in Barbados as special projects manager, finance *1992 – Appointed group financial controller and…

Read more

BANKS STRUGGLE TO MANAGE AN EFFECTIVE AND SOPHISTICATED DERISKING POLICY

…the most — by 20% and in the Caribbean by 10% in 2016 alone. “The whole issue was triggered four or so years ago in the Caribbean. De-risking has since…

Read more

AERONAV DELIVERS NEW ATC TOWER TO HURRICANE-DEVASTATED ANGUILLA

…of the runway after dark.” Also, when welcoming tower installers to the north-east Caribbean island, a British overseas territory, Foy explained how important restoring the airport to pre-Irma operability “is…

Read more