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Search Results for: Trinidad and Tobago

10 results out of 81 results found for 'Trinidad and Tobago'.

CLOSURE OF TRINIDAD & TOBAGO REFINERY SHAKES UP TWIN ISLAND STATE’S OIL INDUSTRY



THE CLOSURE in November of the only oil refinery in Trinidad & Tobago, after 101 years of producing fuel in this Caribbean twin-island state, has cost thousands of jobs, impacting a large part of the nation’s economy. It means that this republic, which still possesses substantial oil and gas reserves, must now import gasoline, diesel and aviation fuel. …

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TRINIDAD & TOBAGO BANKING BODY NOW WANTS 2017 BILL PASSED TO REPAIR COUNTRY’S TAX REPUTATION



Trinidad & Tobago has a problem regarding tax transparency, one that its financial sector and government want to go away. The Caribbean twin-island state remains the only country that is a member of the Global Forum on Transparency and Exchange of Information for Tax Purposes Global Forum that is listed as totally non-compliant with its rules – see https://www.oecd.org/tax/transparency/exchange-of-information-on-request/ratings/.…

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ACCA QUALIFIED FD HAS FOUND HIS PROFESSIONAL HOME IN MAJOR CARIBBEAN CONGLOMERATE



THE ACCA-qualified group finance director for the largest conglomerate in Trinidad & Tobago and a key player in the Caribbean region – the ANSA McAL group – has aligned his personal professional ambitions with his company’s goal of sturdy sustained growth.…

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EU ROUND UP – EU TO ESTABLISH NEW ANTI-CYBERCRIME ORGANISATIONS



THE EUROPEAN Union (EU) is expanding its network of cyber-crime expertise, with a view to beefing up intelligence, protections and responses to online criminal attacks, including frauds such as identity theft, as well as hacking.

EU member states and the European Parliament are to start talks establishing from January 2021 a European Cybersecurity Industrial, Technology and Research Centre, pooling European investment in cybersecurity research, technology and industrial development.…

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EU PLANS BLACKLISTING OF AMERICAN TERRITORIES OVER AML/CFT FAILURES



THE EUROPEAN Commission has included four American external territories – Puerto Rico, the US Virgin Islands, Guam and American Samoa – on a proposed blacklist of weak AML/CFT jurisdictions released today (Feb 13).

Brussels’ updated list includes 12 countries that are viewed with concern by the Financial Action Task Force (FATF) – the Bahamas, Botswana, North Korea, Ethiopia, Ghana, Iran, Pakistan, Sri Lanka, Syria, Trinidad & Tobago, Tunisia and Yemen. …

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INTERNATIONAL REGULATORY ROUND UP – BREXIT SPARKS CONCERN OVER RELATED EU IMPORT QUOTA REDUCTIONS



 

TRADING partners with the European Union (EU) are concerned about the EU cutting the size of low duty import quotas once Britain quits the bloc, which it is scheduled to do on March 28.

The EU has released detailed plans to reduce the amount of some goods it allows into the EU, to take account of Britain exiting the single European market.…

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CARIBBEAN ACCOUNTING SECTOR READY TO HELP REGION ADAPT TO CLIMATE-BASED AND TECHNICAL CHALLENGES



From climate change to digitalisation, there is no shortage of economic challenges facing the small island states of the Caribbean, but the region’s accounting sector has the capacity to manage upcoming change.

For many such financial professionals, being a part of ACCA – which this year will mark its 20th in the region – is integral to progress.…

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CARIBBEAN ACCOUNTING SECTOR READY TO HELP REGION ADAPT TO CLIMATE-BASED AND TECHNICAL CHALLENGES



From climate change to digitalisation, there is no shortage of economic challenges facing the small island states of the Caribbean, but the region’s accounting sector has the capacity to manage upcoming change.

For many such financial professionals, being a part of ACCA – which this year will mark its 20th in the region – is integral to progress.…

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INTERNATIONAL REGULATORY ROUND UP – US-CHINA TRADE WAR HITS CONFECTIONERY EXPORTERS



 

AMERICAN confectioners may suffer from the latest tit-for-tat tariff exchange between the USA and China, with retaliatory duties from China targeting US confectionery exports. Many of these duties are high – at 25% – imposed from September 24 on US-made sugar; cocoa powder; milk powder; honey; jams; and more; plus 20% duties on US-made confectionery without cocoa; chewing gum; some chocolates; and more.…

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HURRICANE IRMA PROMPTS RENEWAL WITHIN CARIBBEAN AIRPORTS



CONTRACTORS at Sint Maarten’s hurricane-battered airport are battling against the clock to complete major repairs by the start of the new tourist season in November.

Princess Juliana International Airport was one of several across the Caribbean pummeled by catastrophic Hurricane Irma in September 2017.…

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