Press Releases
BIBA RESPONSE TO THE FATF’S UPDATED LIST OF JURISDICTIONS UNDER INCREASED MONITORING
This is the response of BIBA, the Association for Global Business, to the highly anticipated release of the Financial Action Task Force (“FATF”) Jurisdictions under Increased Monitoring – dated February 23rd, 2024.BIBA welcomes the removal of Barbados from the FATF’s list of Jurisdictions under Increased Monitoring (often referred to as the “Grey List”) – dated […]
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Remarks of Jamar Arthur Selman, President of BIBA, The Association For Global Business, at the Media Launch of Global Business Week 2023
REMARKS OF JAMAR ARTHUR SELMAN, PRESIDENT OF BIBA, THE ASSOCIATION FOR GLOBAL BUSINESS, AT THE MEDIA LAUNCH OF GLOBAL BUSINESS WEEK 2023 ON TUESDAY SEPTEMBER 19 AT THE WARRENS CONFERENCE ROOM, BAOBAB TOWERS. Good morning! I wish to extend warm greetings to our featured speaker today, Senator The Honorable Lisa Cummins, Minister of Energy […]
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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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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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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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