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Search Results for: Antigua

10 results out of 36 results found for 'Antigua'.

GOLDEN PASSPORTS RAISE INCREASING CONCERN OVER MONEY LAUNDERING VULNERABILITIES



THE EUROPEAN Commission in June (2021) signalled it was running out of patience with Malta and Cyprus over their ‘golden passport’ schemes which allow people investing in these small island nations to effectively buy citizenship. The European Union (EU) executive has long warned that such policies contain significant ML risks, releasing a detailed report in 2019 that highlighted concerns that governments failed to properly screen the source of funds used to gain golden passports.…

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CARIBBEAN FINANCIAL PROFESSIONALS HELP CRITICAL REGIONAL TOURISM SECTOR SURVIVE COVID-19



From bringing traditionally outsourced services in house to right-sizing staff, Caribbean financial professionals advising the region’s critically important tourism sector are making tough decisions to keep businesses afloat and redundancies to a minimum during Covid-19.

ACCA members speaking to A&B, however testified to solidarity among workers, clients and suppliers – and the resilience of a region used to disaster, albeit usually through extreme weather.…

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HOME-GROWN CARIBBEAN BEAUTY PRODUCT MANUFACTURERS GROW INTO DOMESTIC MARKETS AND EYE EXPORT TRADES



Entrepreneurship abounds across the diverse island nations of the Caribbean where small, independently-owned beauty product businesses thrive and have been successfully vying for space alongside major international brands in pharmacies, boutiques and family-owned stores alike.

What many manufacturers lack in start-up capital, they make up for in innovation and close proximity to a wealth of organic, raw materials that are finding new favour with modern, discerning consumers at home, with an eye to developing export sales.…

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REGULATIONS CONTROLLING SUNSCREEN CHEMICALS START TO EMERGE WORLDWIDE



CONCERNS about the environmental and health damage caused by sunscreen chemicals has started to translate into regulatory action around the world, with the US state of Hawaii being the most high-profile reformer.

Hawaii has imposed a state-wide ban on the sale and distribution within Hawaii of products containing oxybenzone and octinoxate, which are widely regarded as having a harmful impact on coral.…

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CARIBBEAN ACCOUNTING SECTOR READY TO HELP REGION ADAPT TO CLIMATE-BASED AND TECHNICAL CHALLENGES



From climate change to digitalisation, there is no shortage of economic challenges facing the small island states of the Caribbean, but the region’s accounting sector has the capacity to manage upcoming change.

For many such financial professionals, being a part of ACCA – which this year will mark its 20th in the region – is integral to progress.…

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CARIBBEAN ACCOUNTING SECTOR READY TO HELP REGION ADAPT TO CLIMATE-BASED AND TECHNICAL CHALLENGES



From climate change to digitalisation, there is no shortage of economic challenges facing the small island states of the Caribbean, but the region’s accounting sector has the capacity to manage upcoming change.

For many such financial professionals, being a part of ACCA – which this year will mark its 20th in the region – is integral to progress.…

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HURRICANE IRMA PROMPTS RENEWAL WITHIN CARIBBEAN AIRPORTS



CONTRACTORS at Sint Maarten’s hurricane-battered airport are battling against the clock to complete major repairs by the start of the new tourist season in November.

Princess Juliana International Airport was one of several across the Caribbean pummeled by catastrophic Hurricane Irma in September 2017.…

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MONEY LAUNDERERS IN NEW ZEALAND ASSOCIATES COOK ISLANDS AND NIUE FACING TOUGHER CONTROLS



The South Pacific’s Cook Islands (population: 11,700) and Niue (population: 1,600), both largely autonomous jurisdictions in free association with New Zealand, have in the past been accused by international AML experts as being tax havens that facilitate money laundering. But reforms indicate that AML/CFT controls are tightening.…

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ACCA-QUALIFIED CARIBBEAN AIRLINE BOSS STEERS HER COMPANY TOWARDS RECOVERY FROM MAJOR HURRICANE LOSSES



RUNNING a complex international air travel business that recovering from 2017’s devastating hurricane season, Caribbean airline boss Julie Reifer-Jones is having to draw on her near three decades’ experience in senior financial management.

Immaculately presented, in killer heels, Reifer-Jones FCCA is not just the first female CEO of Antigua-based airline LIAT, she is the only female CEO of any airline in the Caribbean.…

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CARIBBEAN CALL FOR LOCALLY SOURCED ORGANIC PRODUCTS TO CHALLENGE IMPORTS OF BIG NAME BRANDS



THE CARIBBEAN may be a small and fragmented regional market but it is a hotbed of innovation in the personal care product industry, and a potential source of inspiration in formulation and ingredients for major brands.

Its island nations, politically independent and dependent territories, have long relied especially on the nearby USA for imports.…

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