Trinidad and Tobago governor calls for improved regional financial regulation


Ewart Williams, governor of the Central Bank Of Trinidad and Tobago, on March 26 outlined a new regulatory framework for Caribbean banks.

Speaking at a Caribbean Centre for Money and Finance conference, he said that the global financial crisis was responsible for a decline in regional GDP of between 10% and 15%, relating to the collapse of a number of major banks.

Williams said the crisis should "serve as a wake up call for the region", in relation to financial regulation and infrastructure.


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