ECCB 2022-2023 Annual Report and Financial Statements

Eastern Caribbean Central Bank Annual Report 2022 - 2023

6. The ECCB’s Guide – Protocol, Diplomacy and Etiquette 7. Energy Management Policy 8. Financial Regulation Human Resource Management The Bank is governed by the labour codes and laws of each of its participating member countries. The oversight of the Bank’s human resources is delegated to the Human Resource Department. The management of human resources is informed by polices and guidelines which conform to international conventions and standards pertaining to human rights, equal employment opportunity and working conditions. The Internal Audit Department helps to maintain the integrity of the human resource management process by ensuring that the Bank complies with stipulated policies and procedures. Relationship with Stakeholders Stakeholder Involvement The Bank continued to engage its stakeholders virtually as the region began its emergence from the COVID-19 pandemic. Networking and consultative meetings were convened as scheduled. Based on the terms of reference, networking and consultative meetings are either held biannually while others are held on an annual basis. The virtual fora allowed for continued productive stakeholder engagement; facilitating an increase in the wider cross section of participants from institutions. The meetings further presented the opportunity for stakeholders to share their work programme and activities post COVID-19. The networking and consultative meetings were convened at an individual institution/group level allowing for institution-based lessons learnt to be shared and for responses to be used at the national and regional levels.

to enhance the awareness and involvement of the people of the region in relevant economic and financial matters. Meetings Convened in 2022 Consultative Meetings 1. Meeting of the Regulatory Oversight Committee 2. Meeting with ECCU Financial Secretaries 3. Meeting with Licensed Financial Institutions 4. Joint Meeting with Attorneys General and Chief Parliamentary Counsels 5. Meeting with ECCU Development Banks Networking Meetings 1. Joint Meeting with Comptrollers of Inland Revenue and Customs 2. Meeting with ECCU Directors of Social Security Systems 3. Joint Meeting with Accountants General, Directors of Audit and Directors of Budget 4. Meeting with ECCU Directors of Statistics 5. Meeting of the Regional Debt Coordinating Committee 6. Annual Meeting with ECCU Chiefs/ Commissioners of Police 7. Meeting with ECCU Heads of Policy and Economic Units Corporate Social Responsibility The ECCB continues to recognise its corporate social responsibility to the people of the region. This responsibility is preserved in its mandate to promote a sound financial structure conducive to the balanced growth and development of its member states. (Article 4 (3), ECCB Agreement, 1983). The activities executed during the year included: the annual Bank of the Year Awards, sponsorship of regional netball initiatives, sponsorship for the SPISE Programme, ECCB Bright Sparks Internship Programme and the ECCB/RSS-ARU Creative Youth Competition.

The ECCB remained connected with its stakeholders through a variety of media over the year, in order

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