Establishing CAB’s role as Main Advocate for the
Caribbean Financial Service Industry
As the representative body and recognised voice for member banks and financial institutions in the region, the CAB has sought to
influenc e policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global
network of similar institutions. We have sought to represent our members and provide a lobbying voice on the key challenges
facing the industry, today. As a result of our efforts, we have been invited to speak at many conferences, both international and
regional, during the past year, and have taken these opportunities to establish the Caribbean voice on areas such as De-risking
and the loss of Correspondent Banking Relationships, Caribbean Banks as Trade Facilitators, Governance and Compliance in
the industry.
CCAA Conference
4th-6th October, 2016: At the Caribbean Central
America Action’s Conference on “Finance,
FinTech & the Future of Banking in the Caribbean
Basin” in Washington DC, the CAB presented on
Capacity, Compliance & Risks.
CAB CEO Forum
on De-Risking
16th April 2016: Members shared their
experiences, discussed the creation
of a US clearing house, and met with
a UK bank interested in providing
correspondent banking services to
financial institutions in the Caribbean.
FATF Private Sector Consultative Forum
20 April, 2016: Mrs. Mary Popo, General Manager, CAB presented on de-risking and its
impact on the Caribbean at the Financial Action Task Force’s private sector consultative
forum hosted by the office of the United Nations Office of Drugs and Crime (UNODC).
th
Training Workshops
in Curaçao
The FIBA Compliance Challenge (one day)
& Advising Clients in a Highly Regulated
Environment (two days) Training Workshops took
place at the Renaissance Hotel, Curaçao in May
of this year. There were 25 participants on the
one day Compliance Challenge Workshop and
27 participants in the Advising Clients Workshop.
The facilitator was Mr. Al Townsend of the TMC
Group.