Barbados

DE-RISKING— A THREAT TO OUR FINANCIAL SYSTEMS

Central Bank of Barbados Governor, Dr. DeLisle WorrellThe findings of a Caribbean-wide survey reveal that the severing of correspondent banking relationships, or ’de-risking’, is having a severe impact on the Caribbean region, leaving many businesses and individuals cut off from their money and making it difficult for new businesses to establish operations. This was shared at a recent meeting of the Financial Stability Board (FSB) in Tokyo by Central Bank of Barbados Governor, Dr. DeLisle Worrell.

Workshops on FATF Standards and Pre Mutual Evaluation in Barbados

During March 21 to 24, 2016, the Financial Intelligence Unit of Barbados, in coordination with the CFATF Secretariat conducted 2 training workshops on the FATF Standards and the Mutual Evaluation Process, in preparation for the upcoming mutual evaluation of Barbados carded for December 2016.

Prime Contact of Barbados

Office of the Attorney-General
Jones Building, Webster’s Business Park, Wildey,
St. Michael.
Barbados
Tel No: (246) 621-0110   
Fax: (246) 228-5433