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OECS Looks To Establish Financial Services Task Force

by Mike Godfrey, Lowtax.net, Washington
01 December, 2015

The Organisation of Eastern Caribbean States (OECS) has agreed to establish a new task force that will advise member states on proactive measures for protecting their financial services sectors.

The financial services task force will be chaired by the British Virgin Islands and will involve top experts from OECS member states along with representatives from the Eastern Caribbean Central Bank and the Association of Indigenous Banks.

The main remit of the task force will be to monitor the landscape for financial services, review compliance with international requirements, and offer support to the CARICOM Ministerial sub-committee on financial services.

The OECS is a nine-member grouping comprising Antigua and Barbuda, Dominica, Grenada, Montserrat, St Kitts and Nevis, St Lucia, and St Vincent and the Grenadines. Anguilla and the British Virgin Islands are associate members.

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