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Premier Attends Caribbean Financial Roundtable

Government 22 Apr, 2022 Follow News

Premier Attends Caribbean Financial Roundtable

The Honourable Premier and Minister for Sustainability & Climate Resiliency Hon. G. Wayne Panton, JP, MP is currently off island through Friday 22 April on official government business.

The Premier has travelled to Barbados at the invitation of the Prime Minister and Minister of Finance, The Hon. Mia Amor Mottley, to participate in the Caribbean Financial Access Roundtable which happened on Wednesday 20 April. The Roundtable is co-hosted by the Barbados Government and Representative Maxine Waters, chair of the US House of Representatives Financial Services Committee.

Also attending with Premier Panton is Mr. Alfred Tweneboah, Senior Policy Advisor for Ministry of Financial Services and Commerce. Premier Panton is joining a number of other Caribbean Heads of State to discuss matters such as De-risking and Correspondent Banking; the scope and impact of European Union listing initiatives; and actions to address the changing international standards to combat money laundering and terrorist financing.

Premier Panton shared “As a leading global financial services centre, with vast experience in navigating financial services issues, it is important for the Cayman Islands to be an integral part of these discussions with US Representatives and Heads of CARICOM”.

Senior representatives of American and Canadian banks; CARICOM heads of government; the CARICOM and Organisation of Eastern Caribbean States secretaries-general and the president of the Caribbean Development Bank are also in attendance.

Deputy Premier and Minister for Labour Hon. Chris Saunders, will serve as acting Premier during this time.

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