{"id":239065,"date":"2025-05-31T04:05:00","date_gmt":"2025-05-31T08:05:00","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=239065"},"modified":"2025-05-30T19:22:18","modified_gmt":"2025-05-30T23:22:18","slug":"eastern-caribbean-deposit-insurance-bill-secures-senate-support","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/","title":{"rendered":"Eastern Caribbean Deposit Insurance Bill Secures Senate Support"},"content":{"rendered":"<div id=\"antig-2703816672\" class=\"antig-ecab antig-entity-placement\"><a href=\"https:\/\/discoverflow.co\/web\/antigua\" aria-label=\"ANU CVP Digital Broadband 1200x400_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1201w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:342\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1201\" height=\"401\"   \/><\/a><\/div><div id=\"antig-3253076330\" class=\"antig-before-content antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/medicalbenefitsscheme\" aria-label=\"PHOTO-2026-04-07-10-45-56\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1200\/h:400\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-10-45-56.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1200\/h:400\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-10-45-56.jpg 1200w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-10-45-56.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:341\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-10-45-56.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-10-45-56.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1200\" height=\"400\"   \/><\/a><\/div>\n<p><strong>Eastern Caribbean Deposit Insurance Bill Secures Senate Support Amid Calls for Broader Safeguards<\/strong><\/p><div id=\"antig-2983217139\" class=\"antig-content_5 antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/ablpag\" aria-label=\"Full-ABLP-Team-Digital-Billboard-1920x1080px\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1920\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2023\/01\/Full-ABLP-Team-Digital-Billboard-1920x1080px.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1920\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2023\/01\/Full-ABLP-Team-Digital-Billboard-1920x1080px.jpg 1920w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:169\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2023\/01\/Full-ABLP-Team-Digital-Billboard-1920x1080px.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:576\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2023\/01\/Full-ABLP-Team-Digital-Billboard-1920x1080px.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:432\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2023\/01\/Full-ABLP-Team-Digital-Billboard-1920x1080px.jpg 768w, https:\/\/mlavawteztbj.i.optimole.com\/w:1536\/h:864\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2023\/01\/Full-ABLP-Team-Digital-Billboard-1920x1080px.jpg 1536w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1920\" height=\"1080\"   \/><\/a><\/div>\n\n\n\n<p><br>The Senate has given its backing to the Eastern Caribbean Deposit Insurance Corporation Agreement Bill 2025, a harmonised regional measure designed to protect depositors and bolster financial stability across the Eastern Caribbean Currency Union (ECCU).<\/p>\n\n\n\n<p>Described by Senate Majority Leader Shenella Govia as a &#8220;historic&#8221; and &#8220;transformational&#8221; piece of legislation, the bill provides legal effect in Antigua and Barbuda to a regional agreement establishing the Eastern Caribbean Deposit Insurance Corporation (ECDIC). The ECDIC will offer deposit insurance coverage of up to EC$50,000 per depositor per financial institution.<\/p><div id=\"antig-87676878\" class=\"antig-content_4 antig-entity-placement\"><a href=\"https:\/\/discoverflow.co\/web\/antigua\" aria-label=\"ANU CVP Digital Broadband 1200x400_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1201w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:342\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1201\" height=\"401\"   \/><\/a><\/div><div id=\"antig-3950578140\" class=\"antig-content_12 antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/ablpag\" aria-label=\"16cceddb-da5a-439f-8675-6fcc68a7421e\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1600\/h:800\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/16cceddb-da5a-439f-8675-6fcc68a7421e.jpeg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1600\/h:800\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/16cceddb-da5a-439f-8675-6fcc68a7421e.jpeg 1600w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:150\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/16cceddb-da5a-439f-8675-6fcc68a7421e.jpeg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:512\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/16cceddb-da5a-439f-8675-6fcc68a7421e.jpeg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:384\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/16cceddb-da5a-439f-8675-6fcc68a7421e.jpeg 768w, https:\/\/mlavawteztbj.i.optimole.com\/w:1536\/h:768\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/16cceddb-da5a-439f-8675-6fcc68a7421e.jpeg 1536w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1600\" height=\"800\"   \/><\/a><\/div>\n\n\n\n<p>\u201cThis bill\u2026 holds real and profound implications for every single citizen in Antigua and Barbuda,\u201d Govia said. \u201cIt means small account holders will no longer face total loss in the event of a bank collapse. There will be a dedicated, regionally managed insurance fund \u2013 a financial buffer for bad days.\u201d<\/p><div id=\"antig-3667727583\" class=\"antig-content antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/ReggaeInTheParkAntigua\" aria-label=\"lucanio\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:864\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/12\/lucanio.jpeg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:864\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/12\/lucanio.jpeg 1080w, https:\/\/mlavawteztbj.i.optimole.com\/w:240\/h:300\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/12\/lucanio.jpeg 240w, https:\/\/mlavawteztbj.i.optimole.com\/w:819\/h:1024\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/12\/lucanio.jpeg 819w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:960\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/12\/lucanio.jpeg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1080\" height=\"1350\"   \/><\/a><\/div>\n\n\n\n<p>Govia outlined the structure of the new body, noting that the board of directors will include the Governor of the Eastern Caribbean Central Bank (ECCB), financial experts from member states, and representatives from finance ministries. She welcomed the bill\u2019s alignment with global best practices and highlighted provisions in Article 18 outlining penalties and premiums.<\/p>\n\n\n\n<p>Senate Minority Leader David Massiah also supported the bill but flagged several areas for further scrutiny and improvement. He expressed concern over Clause 13, which he said gives undue supremacy to the Banking Act, potentially causing legal ambiguities.<\/p><div id=\"antig-406826684\" class=\"antig-content_2 antig-entity-placement\"><a href=\"https:\/\/www.courts.com\/antigua\/\" aria-label=\"500X500 (1)\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:500\/h:500\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:500\/h:500\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg 500w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:300\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:150\/h:150\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg 150w\" sizes=\"(max-width: 500px) 100vw, 500px\" width=\"500\" height=\"500\"   \/><\/a><\/div>\n\n\n\n<p>\u201cWe need clarity,\u201d Massiah told the Senate. \u201cThere should be harmonisation provisions to ensure regulatory consistency.\u201d<\/p>\n\n\n\n<p>He also called for the inclusion of an independent director on the board to balance the influence of the ECCB and national finance ministries, greater transparency regarding excluded depositors, and the introduction of appeal mechanisms for denied claims.<\/p><div id=\"antig-92263916\" class=\"antig-content_3 antig-entity-placement\"><a href=\"https:\/\/www.antiguabarbudaculinarymonth.com\/\" aria-label=\"CM key_WEB 1300x300_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1301\/h:301\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/CM-key_WEB-1300x300_1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1301\/h:301\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/CM-key_WEB-1300x300_1.jpg 1301w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:69\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/CM-key_WEB-1300x300_1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:237\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/CM-key_WEB-1300x300_1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:178\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/CM-key_WEB-1300x300_1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1301\" height=\"301\"   \/><\/a><\/div>\n\n\n\n<p>Massiah further recommended that the EC$50,000 insurance cap be reviewed every three years to reflect inflation and average deposit trends, and he urged for clearer provisions ensuring the corporation\u2019s decisions are subject to judicial review.<\/p><div id=\"antig-3854182136\" class=\"antig-content_6 antig-entity-placement\"><a href=\"https:\/\/discoverflow.co\/web\/antigua\" aria-label=\"ANU CVP Digital Broadband 1200x400_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1201w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:342\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1201\" height=\"401\"   \/><\/a><\/div>\n\n\n\n<p>Independent Senator Kiz Johnson lent her full support to the bill, describing it as \u201clong overdue\u201d and vital to public confidence in the financial system. Drawing on insights from Antiguan banking professionals working in Canada and the ECCB, Johnson said the measure was essential for protecting vulnerable depositors and preventing panic in times of economic uncertainty.<\/p>\n\n\n\n<p>\u201cCash is still king,\u201d Johnson stated. \u201cWhen a taxi operator, a vendor, a hairdresser, or even you and I work hard and save, we expect to have that money when we need it.\u201d<\/p>\n\n\n\n<p>She also emphasised that over 100 countries already have deposit insurance systems in place and that the Caribbean must keep pace with global developments.<\/p>\n\n\n\n<p>\u201cThis bill represents a vital step in strengthening the resilience and stability of our region\u2019s financial system,\u201d she said.<\/p>\n\n\n\n<p>The legislation is part of a broader effort among ECCU members \u2013 including Dominica, Grenada, Montserrat, Saint Lucia, Saint Kitts and Nevis, Saint Vincent and the Grenadines, and Anguilla \u2013 to establish a unified deposit insurance framework managed under the ECCB.<\/p>\n\n\n\n<p>The bill was passed without.<\/p>\n<div id=\"antig-985325425\" class=\"antig-in-comments_2 antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/@hadeedmotorsltd\" aria-label=\"Hadeed_WEB_Banner_MG-2\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1000\/h:250\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1000\/h:250\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png 1000w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:75\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:192\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1000\" height=\"250\"   \/><\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>Eastern Caribbean Deposit Insurance Bill Secures Senate Support Amid Calls for Broader Safeguards The Senate has given its backing to the Eastern Caribbean Deposit Insurance Corporation Agreement Bill 2025, a harmonised regional measure designed to protect depositors and bolster financial stability across the Eastern Caribbean Currency Union (ECCU). Described by Senate Majority Leader Shenella Govia [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":239066,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-239065","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Eastern Caribbean Deposit Insurance Bill Secures Senate Support - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eastern Caribbean Deposit Insurance Bill Secures Senate Support\" \/>\n<meta property=\"og:description\" content=\"Eastern Caribbean Deposit Insurance Bill Secures Senate Support Amid Calls for Broader Safeguards The Senate has given its backing to the Eastern Caribbean Deposit Insurance Corporation Agreement Bill 2025, a harmonised regional measure designed to protect depositors and bolster financial stability across the Eastern Caribbean Currency Union (ECCU). Described by Senate Majority Leader Shenella Govia [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/\" \/>\n<meta property=\"og:site_name\" content=\"Antigua News Room\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antiguanewsroom\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-31T08:05:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-30T23:22:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mlavawteztbj.i.optimole.com\/w:956\/h:644\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/IMG_2503.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"956\" \/>\n\t<meta property=\"og:image:height\" content=\"644\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:site\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\"},\"headline\":\"Eastern Caribbean Deposit Insurance Bill Secures Senate Support\",\"datePublished\":\"2025-05-31T08:05:00+00:00\",\"dateModified\":\"2025-05-30T23:22:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/\"},\"wordCount\":514,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:956\/h:644\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/IMG_2503.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/\",\"url\":\"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/\",\"name\":\"Eastern Caribbean Deposit Insurance Bill Secures Senate Support - Antigua News Room\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:956\/h:644\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/IMG_2503.jpg\",\"datePublished\":\"2025-05-31T08:05:00+00:00\",\"dateModified\":\"2025-05-30T23:22:18+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#primaryimage\",\"url\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:956\/h:644\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/IMG_2503.jpg\",\"contentUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:956\/h:644\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/IMG_2503.jpg\",\"width\":956,\"height\":644,\"caption\":\"Massiah\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/antiguanewsroom.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Eastern Caribbean Deposit Insurance Bill Secures Senate Support\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/antiguanewsroom.com\/#website\",\"url\":\"https:\/\/antiguanewsroom.com\/\",\"name\":\"Antigua News Room\",\"description\":\"News As It Happens\",\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/antiguanewsroom.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\",\"name\":\"Antigua Newsroom\",\"url\":\"https:\/\/antiguanewsroom.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:1080\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/08\/IMG_1584.jpeg\",\"contentUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:1080\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/08\/IMG_1584.jpeg\",\"width\":1260,\"height\":1260,\"caption\":\"Antigua Newsroom\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/antiguanewsroom\",\"https:\/\/x.com\/AntiguaNewsRoom\",\"https:\/\/www.instagram.com\/antiguanewsroom\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=96\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=96\",\"caption\":\"Editor\"},\"url\":\"https:\/\/antiguanewsroom.com\/author\/editor\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Eastern Caribbean Deposit Insurance Bill Secures Senate Support - Antigua News Room","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/","og_locale":"en_US","og_type":"article","og_title":"Eastern Caribbean Deposit Insurance Bill Secures Senate Support","og_description":"Eastern Caribbean Deposit Insurance Bill Secures Senate Support Amid Calls for Broader Safeguards The Senate has given its backing to the Eastern Caribbean Deposit Insurance Corporation Agreement Bill 2025, a harmonised regional measure designed to protect depositors and bolster financial stability across the Eastern Caribbean Currency Union (ECCU). Described by Senate Majority Leader Shenella Govia [&hellip;]","og_url":"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/","og_site_name":"Antigua News Room","article_publisher":"https:\/\/www.facebook.com\/antiguanewsroom","article_published_time":"2025-05-31T08:05:00+00:00","article_modified_time":"2025-05-30T23:22:18+00:00","og_image":[{"width":956,"height":644,"url":"https:\/\/mlavawteztbj.i.optimole.com\/w:956\/h:644\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/IMG_2503.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_creator":"@AntiguaNewsRoom","twitter_site":"@AntiguaNewsRoom","twitter_misc":{"Written by":"Editor","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#article","isPartOf":{"@id":"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/"},"author":{"name":"Editor","@id":"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5"},"headline":"Eastern Caribbean Deposit Insurance Bill Secures Senate Support","datePublished":"2025-05-31T08:05:00+00:00","dateModified":"2025-05-30T23:22:18+00:00","mainEntityOfPage":{"@id":"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/"},"wordCount":514,"commentCount":0,"publisher":{"@id":"https:\/\/antiguanewsroom.com\/#organization"},"image":{"@id":"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#primaryimage"},"thumbnailUrl":"https:\/\/mlavawteztbj.i.optimole.com\/w:956\/h:644\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/IMG_2503.jpg","articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/","url":"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/","name":"Eastern Caribbean Deposit Insurance Bill Secures Senate Support - Antigua News Room","isPartOf":{"@id":"https:\/\/antiguanewsroom.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#primaryimage"},"image":{"@id":"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#primaryimage"},"thumbnailUrl":"https:\/\/mlavawteztbj.i.optimole.com\/w:956\/h:644\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/IMG_2503.jpg","datePublished":"2025-05-31T08:05:00+00:00","dateModified":"2025-05-30T23:22:18+00:00","breadcrumb":{"@id":"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#primaryimage","url":"https:\/\/mlavawteztbj.i.optimole.com\/w:956\/h:644\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/IMG_2503.jpg","contentUrl":"https:\/\/mlavawteztbj.i.optimole.com\/w:956\/h:644\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/IMG_2503.jpg","width":956,"height":644,"caption":"Massiah"},{"@type":"BreadcrumbList","@id":"https:\/\/antiguanewsroom.com\/eastern-caribbean-deposit-insurance-bill-secures-senate-support\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/antiguanewsroom.com\/"},{"@type":"ListItem","position":2,"name":"Eastern Caribbean Deposit Insurance Bill Secures Senate Support"}]},{"@type":"WebSite","@id":"https:\/\/antiguanewsroom.com\/#website","url":"https:\/\/antiguanewsroom.com\/","name":"Antigua News Room","description":"News As It Happens","publisher":{"@id":"https:\/\/antiguanewsroom.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/antiguanewsroom.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/antiguanewsroom.com\/#organization","name":"Antigua Newsroom","url":"https:\/\/antiguanewsroom.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/antiguanewsroom.com\/#\/schema\/logo\/image\/","url":"https:\/\/mlavawteztbj.i.optimole.com\/w:1080\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/08\/IMG_1584.jpeg","contentUrl":"https:\/\/mlavawteztbj.i.optimole.com\/w:1080\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/08\/IMG_1584.jpeg","width":1260,"height":1260,"caption":"Antigua Newsroom"},"image":{"@id":"https:\/\/antiguanewsroom.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/antiguanewsroom","https:\/\/x.com\/AntiguaNewsRoom","https:\/\/www.instagram.com\/antiguanewsroom\/"]},{"@type":"Person","@id":"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/antiguanewsroom.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=96","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=96","caption":"Editor"},"url":"https:\/\/antiguanewsroom.com\/author\/editor\/"}]}},"_links":{"self":[{"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/posts\/239065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/comments?post=239065"}],"version-history":[{"count":1,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/posts\/239065\/revisions"}],"predecessor-version":[{"id":239067,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/posts\/239065\/revisions\/239067"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/media\/239066"}],"wp:attachment":[{"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/media?parent=239065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/categories?post=239065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/tags?post=239065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}