Symposium on “Emerging Regulatory and Economic Challenges – The Credit Union Response”
The CCCU in collaboration with the Belize Credit Union League held a
successful Symposium in Belize on Saturday February 14, 2009.
Feature Address by Glenford Ysaquirre, Governor Central Bank of Belize
The theme for this symposium “Emerging Regulatory and Economic
Challenges – The Credit Union Response” is most appropriate in view of
the present global financial crisis. You certainly will agree that we
are in the throes of a crisis of unparalleled financial proportions;
that the past year has seen unprecedented events that have
significantly impacted the global financial markets. Many reasons can
and will be cited for the current crisis the least of which will
certainly not be the virtual disappearance of regulatory oversight
which led to prolonged build-up of structural imbalances, excessive and
reckless risk taking and of course acute acquisitiveness mostly on the
part of investment bankers.
My purpose today is to talk about financial sector
regulation and supervision. Its remarkable how things have changed so
rapidly since October of 2008; overnight, strict regulation and
supervision are once again de rigueur in the financial industry. For
many years before, regulators were often treated like those unwanted
stepchildren of the industry...
Antigua is the largest of the Leeward Islands, and has a sister Island
which is a "stone throw" north of the Island. The twin Islands offer a
major vacation spot for tourism, which is the Islands main economic
activity.
See the 
governors_speech_for_cccu
caribbean_confederation_of_credit_unions trinidad
Antigua is the largest of the Leeward Islands, and has a sister Island
which is a "stone throw" north of the Island. The twin Islands offer a
major vacation spot for tourism, which is the Islands main economic
activity.
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