Caribbean Export & EPA Implementation in the Caribbean Servi

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Caribbean Export and EPA Implementation in the Caribbean Services Sector BENEFICIARY SUCCESSES USING THE EPA

CARIBBEAN FINANCIAL SERVICES SECTOR

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.

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

Caribbean International Financial Services Conference

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