CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Eastern Caribbean Securities Regulator Marks First Year Of Operation

Eastern Caribbean Securities Regulator Marks First Year Of Operation

by Carla Johnson, Investors Offshore.com

22 October 2002


Crispin Sorhaindo, Chairman of the Eastern Caribbean Securities Regulatory Commission (ECSRC) has expressed satisfaction at the progress made by the body during its first year of operation.

Since its establishment last October, the Commission has licensed six broker dealers, and is in the process of assisting four more regional providers to finalise their applications. Twenty-nine public companies have also registered with the ECSRC and will soon begin reporting to the watchdog on an annual and semi-annual basis, according to Mr Sorhaindo.

'This new entity, which is starting from scratch is responsible for licensing persons engaged in securities business, as well as regulating the conduct of securities business in the Eastern Caribbean Currency Union, so we must proceed carefully. Our staff is in place and our systems have been developed,' he observed on Thursday, adding that:

'The ECSRC has already been granted associate membership in the Council of Securities Regulators of the Americas (COSRA), and we expect to receive full membership in November.'

The sub-region's stock market, the Eastern Caribbean Securities Exchange (ECSE) also recently marked its first anniversary.


To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »