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Opening Remarks by Warrick Ward, CEO, Financial Services Commission – BRIM(2023) Media Launch
Bridgetown, Barbados, March 3rd, 2023 -To the Board and management of BIBA, the Chairman of the FSC, fellow management and staff of the FSC, conference sponsors, ladies and gentlemen; good morning. It is a pleasure for us at the Financial Services Commission to partner with BIBA on the hosting of the third annual edition of […]
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Remarks by Mr. Jamar Arthur-Selman At The Barbados Risk & Insurance Management Conference 2023 Media Launch
Remarks by Mr. Jamar Arthur-Selman President of BIBA, the Association for Global Business & General Manager of Centralis (Barbados) Ltd. at the Launch of The Barbados Risk & Insurance Management Conference 2023 March 2, 2023, Financial Services Commission, Bay Street, St. Michael Bridgetown, Barbados – Thursday, March 2, 2023 – Good Morning to the Chairman […]
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Barbados Removed From European Union’s Annex II
Bridgetown Barbados, February 15, 2023 – Barbados has been removed from the European Union’s (EU) state-of-play document (Annex II), which means the island has been deemed compliant with tax requirements. This disclosure came from Minister of Energy and Business, Senator Lisa Cummins, who said the announcement today follows the substantial work done by government officials and […]
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Dr Kevin Greenidge appointed as new Central Bank of Barbados Governor
February 6, 2023, Bridgetown Barbados – Dr Kevin Greenidge will be the new governor of the Central Bank of Barbados, effective March 1, 2023. Dr. Greenidge was most recently a Senior Economist at the International Monetary Fund (IMF). However, from 2018 until 2022, he took a leave of absence to act as Senior Economic Advisor […]
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Alwyn Jordan To Act As Central Bank Governor
Friday, February 3, 2023, Bridgetown Barbados – Mr. Alwyn Jordan has been appointed Acting Governor of the Central Bank of Barbados by its Board of Directors, until further notice. The appointment of Mr. Jordan, who has served as Deputy Governor since October 2019, is consequent on the departure of Mr. Cleviston Haynes, who demitted office on […]
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Release of Corporate Governance, and Fit & Proper Guidelines for Non-bank Financial Institutions
Monday, January 16, Bridgetown, Barbados – Corporate Governance Financial institutions across the sector are now required to adopt an enhanced Corporate Governance Framework that is suitable to their individual size, complexity, structure, economic significance, and risk profile. The Commission has enhanced standards that guide the manner in which all institutions within the non-banking financial sector are […]
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Financial Services Commission Appoints Two Senior Executives
The Financial Services Commission has announced the appointment of two senior executives – Warrick Ward will be the new Chief Executive Officer while Dr. Corlita Babb-Schaefer has been appointed the General Counsel and Corporate Secretary. (FSC) Monday, January 16, 2023 – Bridgetown, Barbados – The Financial Services Commission announces the appointment of two senior […]
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World Bank Approves US$100 Million for Barbados’ Green and Resilient Recovery
Bridgetown, Barbados, January 12, 2023 — The World Bank approved yesterday US$100 million in financing to support Barbados’ low carbon economic development and resilience to climate change. “I cannot underscore enough the necessity of support, such as this, to middle income small island developing states,” said The Honorable Mia Mottley, Prime Minister of Barbados. “This loan allows Barbados […]
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Barbados’ new banknotes are now in circulation
Bridgetown, Barbados, December 5, 2022 – Barbados’ new series of banknotes are in circulation from today. The Central Bank of Barbados first announced the new series in April this year. At the time, it revealed that in addition to getting a design overhaul, the new notes would be made of polymer rather than the traditional […]
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