Category Archives: Business

Time to Build Barbados Silicon Valley

Four transformational truths are Timing, Innovation, Strategy and Collaboration – The Elements of Transformation Strategy There is the proven that individuals and businesses who continually adapt to the environment in which they operate will likely succeed. If we try to fit how the local public sector has been managing its business compared to the private sector and the world it

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What the Government of Barbados Needs to Do to Get Fintech Right

The following was posted by Niel Harper to his blog, a technology SME – David, Barbados Underground There’s a common misconception that IT governance, risk and control (GRC) professionals like myself impose unreasonable demands on those trying to innovate and deliver human, social and economic benefits to society. But this is the furthest thing from the truth – our role

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Prime Minister Mottley Talks Digital @BITT Conference

Today’s speech by Prime Minister Mia Mottley at the Bitt Conference is one that we would never have heard under the former government. The disruptive explosion of Fintechs across the globe is well documented – the race to transform Barbados from an analogue to digital space finds Barbados playing catchup. Many will criticize the prime minister for daring to assume

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ICBL Receives Declination with Disgorgement

Credit to The FCPA Blog Barbados insurance company receives declination with disgorgement By Harry Cassin | Monday, August 27, 2018 at 7:08AM The Insurance Corporation of Barbados Limited (ICBL) received a declination with disgorgement from the DOJ Thursday for FCPA offenses related to bribing a Barbadian official. Under the terms of the declination pursuant to the DOJ’s Corporate Enforcement Policy, ICBL

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Financial Services Commission Issues Cease Trade Order on Government Securities

The decision by the Financial Services Commission (FSC) to suspend trading in government securities effective 5 July 2018, although routine based on government’s decision to default on debt, the implications will not be. If the unconfirmed news that Avinash Persaud is the Chairman of the FSC, it is understandable why Prime Minister Mia Mottley prefers a team player. The blogmaster

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