The Antigua Sun newspaper reported last week that banking supervisors from Caribbean Central banks, and offshore banking regulators from the Eastern Caribbean Currency Union attended a seven day workshop last week designed to address implementation issues related to risk focused supervision.
According to the Antigua Sun, participants attending the seminar, which was sponsored by the Financial Stability Institute of the Bank for International Settlements, and the Eastern Caribbean Central Bank (ECCB), were trained in using various techniques for measuring, quantifying, and monitoring credit, market and operational risk in emerging market banking institutions.
The workshop, held at ECCB headquarters in St Kitts was conducted by facilitators from the Federal Reserve Bank in Chicago, the Federal Reserve Board of Governors in Washington, the Financial Stability Institute, Citigroup, and the Caribbean Regional Technical Advisory Committee.
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