ECCB 2017-2018 Annual Report and Statement of Accounts

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ECCB ANNUAL REPORT 2017/2018

28 th Annual Conference with Commercial Banks

• Retirement Planning; • Cyber Security; • Importance of Property Insurance; • Banking Act Reforms; and • Investment Opportunities in the ECCU.

and turmoil caused by the passage of hurricanes Irma and Maria, the Country Outreach visits to Anguilla and the Commonwealth of Dominica were deferred. The Governor and a delegation from the ECCB visited Anguilla, Antigua and Barbuda and the Commonwealth of Dominica in the aftermath of the hurricanes to provide support and to get a first-hand assessment of the damage to the respective member countries. International Monetary Fund/World Bank 2017 Annual Meetings - A team from the ECCB, led by Governor Antoine, participated in the 2017 Annual Meetings in Washington, DC engaging in bilateral discussions with development partners and advocating on behalf of ECCB member governments on critical matters such as support for the countries devastated by the hurricanes in September 2017. Missions - The Bank continued to closely engage member countries through various missions. For example, the Bank maintained its involvement in the implementation of the ‘Home Grown Adjustment Programme’ in Grenada through representation on the High-level Monitoring Committee and on the Fiscal Responsibility Oversight Committee, as well

Stakeholder Engagements 28 th Annual Conference with Commercial Banks - The Conference was held from 9 – 10 November 2017 under the theme: ECCU Banking Industry: Adapting to an Ever-changing Environment . The participants included representatives from commercial banks and non-bank financial institutions from the eight ECCB member countries. Over the two-day period, the delegates were engaged in discussions geared towards continuous improvement in the banking sector within the sub-region. The topics covered included: •  • Prospects for ECCU Banking ; •  • Safety, Stability and Integrity in the Financial Sector; and •  • Banking in the 21 st Century. Second Round of the Country Outreach Programme - The Bank conducted six of the eight intended Country Outreach visits. In light of the devastation