Bank Hosts One-Day Seminar To Discuss What Has Changed In The Governance And Regulation Of The Financial Services Sector Post 2008 Meltdown


Created 30 Sep, 2009
Categories General Press Release
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BANK HOSTS ONE-DAY SEMINAR TO DISCUSS WHAT HAS CHANGED IN THE GOVERNANCE AND REGULATION OF THE FINANCIAL SERVICES SECTOR POST 2008 MELTDOWN

The Central Bank of Barbados today announced a one-day seminar, which will assess the state of affairs with respect to global governance and financial regulation since the 2008 meltdown that shook the financial markets and occasioned an unprecedented crisis.

The seminar titled “Governance and Regulation of the Financial Sector – Post Meltdown: What Has Changed” will be held at the Frank Collymore Hall on October 14, 2009, commencing at 8:45 a.m. The seminar is being held against the background of the collapse of the sub-prime market in the United States of America and the knock on effects on the Caribbean.

Governor, Dr, Marion Williams explained that the seminar will look at the changes in the regulatory and governance framework since the financial collapse and discuss what is required to return the financial markets to a state of normalcy and to avert a recurrence.

“These are issues that are occupying the attention of regulators and officials in the areas of finance and economics, as they continue to seek to identify the changes needed with respect to governance and regulation of the financial sector and chart a new regulatory framework. This seminar is therefore very timely and appropriate,” Governor Williams stated.

The Governor further stated that the seminar offers the opportunity for local regulators, employees, and managers in the financial services sector, government officials, business people and academics to share their views with respect to governance and regulation of the financial sector, as they dialogue with a cadre of leading regional and international experts in the areas of finance. Confirmed speakers include:

Senator The Honorable Darcy Boyce
Minister of State, Ministry of Finance, Investment, Telecommunications and Energy

Mr. Geoffrey Bell
Executive Secretary, Washington-Based Group of Thirty

Dr. Marion Williams
Governor, Central Bank of Barbados

Mr. Osbourne Nurse
Former Chairman, Trinidad and Tobago Securities Commission

Ms Jane D’Arista
Lecturer in Finance and Research Associate, Political Economy Research Institute, University of Massachusetts, Amherst

Mr. Amar Battacharya
Director, G24, International Monetary Fund

If you are interested in registering for this seminar, please see attached form. Completed registration forms should be returned to Miss Roxanne Hinds at rlhinds@centralbank.org.bb.

2009-09-30

 

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