ECCB 2025-2026 Annual Report

EASTERN CARIBBEAN CENTRAL BANK ANNUAL REPORT 2025 - 2026

Areas of Focus: 2026-2027

Risk Management The Bank will undertake key risk management activities aimed at reducing its risk posture from moderate to low. These will include: ; Finalisation of the implementation of its Governance Risk and Compliance (GRC) Solution to achieve automation of its risk management practices; ; Utilisation of dynamic risk dashboards and revised risk appetite statement to reduce overall residual risk posture from moderate to low; ; Development of an IT Risk Governance Framework; ; Development of a Third party Risk Framework; and ; Implementation of an AML/CFT Programme. Business Continuity Management The ECCB will finalise further testing of the DR Solution and the implementation of Starlink Satellite Internet in its BCMS Strategy. Subsequently, it will engage in bank wide activities to raise awareness and provide training for the persons within the various roles and responsibilities. Compliance The Bank is geared at developing a comprehensive training and capacity-building programme for compliance management with the aim to close identified gaps, strengthen ownership of obligations, and reinforce a mature and resilient compliance culture across the Bank. The training sessions are anticipated to translate into improved technical compliance capabilities, faster decision making, and stronger alignment between daily activities and regulatory expectations Bank- wide. Other functions will be undertaken such as the implementation of the Bank’s AML/CFT Programme to ensure that the Bank’s ERM System

remains strong and comparable to its peers.

Communications and Strategic Planning In support of its strategic objectives, the Bank will enhance communication, execution, and accountability frameworks to ensure the effective implementation and monitoring of its Strategic Plan 2026–2031 initiatives. The following will be actioned in that regard: ; Continued implementation of the ECCB Communications Strategy Strengthening of internal and external communication effectiveness Operationalisation of Strategic Plan 2026–2031 initiatives; ; Continuous monitoring and performance tracking; and ; Strengthened accountability and delivery mechanisms Culture and Change Management The Bank will deepen its efforts to embed organisational culture and strengthen employee engagement. Focus will be placed on translating the S.T.A.R. values and Three Declarations into day-to-day behaviours, strengthening employee engagement, and supporting the implementation the Bank’s strategic initiatives. Targeted actions will reinforce a shared understanding of “what the culture is”, strengthen alignment, and support employees in navigating change. The following areas of focus will be pursued: ; Employee Engagement and Dialogue ; Defining and Communicating the Culture of Team ECCB ; Organisational Identity and Employee Connection ; Strengthening Change Management and Governance Practices

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