Saving, spending and investing money has become more challenging as the rules of engagement continue to change. De-risking continues. FATCA (our financial relationship with the USA), the Banking Act (orchestrated by the Eastern Caribbean Central Bank) and now the Common Reporting Standard (CRS) all play a role in the new era of financial management.
Speaking at the Chamber’s Luncheon in St. Kitts on May 10th, 2017, Mrs. Sylvia Gumbs, Deputy Financial Secretary with responsibility for financial policy, outlined the CRS and its implications for business and personal financial management. You may read more about this act here.