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CARIBBEAN FINANCIAL SERVICES
SECTOR
In 2010, at the request of the
Government of Antigua and Barbuda,
the CARIFORUM Directorate in
partnership with the EU convened the
first regional IFC Financial Services
Conference. The intention on this
occasion was to share insights into
the regulatory changes that were
taking place across Europe, and
their potential impact on the region.
Similarly, the Conference also offered
the Caribbean regulatory bodies, and
other stakeholders, the opportunity
to highlight the measures taken in
the region, and clarify a number of
misconceptions held in Europe that
had a distinct pejorative impact on
Caribbean International Financial
Centres (IFCs).
Later that year Caribbean Export was
identified, by the Council of Ministers
of CARIFORUM, as the agency best
suited to take the lead in facilitating the
development of the financial services
sector in the region given the Agency’s
implementation of the 10th EDF RPSDP,
with its focus on promoting stronger
trade and investment relations between
CARIFORUM, the FCORs and the OCTs
in the Caribbean.
Subsequent to the 2010 initiative,
Caribbean Export assembled the
2nd and 3rd Caribbean International
Financial Services Conference in
Antigua and Barbuda in 2012, and
the Bahamas in 2014 respectively. The
2nd Conference sought to address the
challenge to the region’s international
financial services sector presented by
constantly evolving regulations and
negative international publicity. Key
recommendations which emerged out
Caribbean International Financial
Services Conference
Caribbean Export and EPA Implementation in the Caribbean Services Sector
BENEFICIARY SUCCESSES USING THE EPA