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ECCB ANNUAL REPORT 2016/2017
the department to identify, monitor and
manage areas of noted risk for intervention;
and
•
•
Facilitation of requirements of the performance
management system consultancy.
Stakeholder Engagement - Communication, Public
Education and Community Outreach
The Bank will:
•
•
Host the following conferences and events:
1. 5
th
Annual Conference of Regional Central
Banks Security Chiefs, 28 June - 1 July 2017
1. 22
nd
Sir Arthur Lewis Memorial Lecture on
8 November 2017
2. 28
th
Annual Commercial Banks Conference
during 9 - 10 November 2017
3. XII Intra-Regional Central Banks Games,
29 March 2017 to 2 April 2018
•
•
Conduct baseline research to guide the revision
of the communication strategy and the reshape
of the ECCU public education programmes and
community outreach initiatives;
•
•
Commence live streaming on the Bank’s social
media platforms;
•
•
Conduct the second round of country outreach
visits; and
•
•
Conduct an economic and financial workshop
for ECCU media practitioners.
FINANCIAL PERFORMANCE
The Bank will:
•
•
Continue to review business processes and
update operating procedures to improve
operational efficiency and reduce operating
costs;
•
•
Collaborate with all departments in the
planning and budgeting process considering
the Bank’s on-going operations and strategic
priorities to achieve the goals set out in the
five-year Strategic Plan 2017-2021;
•
•
Improve the Bank’s accounting framework
and controls environment, thereby ensuring
financial results are reported fairly in
accordance with International Financial
Reporting Standards;
•
•
Continue to leverage automation in work
processes to achieve greater operational
efficiency; and
•
•
Sustain efforts to improve compliance
monitoring of the reserve management
function.