{"id":81457,"date":"2019-11-19T20:08:38","date_gmt":"2019-11-20T00:08:38","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=81457"},"modified":"2019-11-19T20:08:38","modified_gmt":"2019-11-20T00:08:38","slug":"prime-minister-browne-meets-with-u-s-congresswoman-walters","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/prime-minister-browne-meets-with-u-s-congresswoman-walters\/","title":{"rendered":"Prime Minister Browne meets with U.S Congresswoman Walters"},"content":{"rendered":"
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Prime Minister Browne met with Congresswoman Walters to discussed today\u2019s round-table with senior representatives of major US Banks and representatives of Caribbean Government to include CARICOM Secretary General and Governor of the Central Banks and other key players, including the US Government and regulators; which should culminate with the formulation of legislation to deal with the issue.<\/p>

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In a letter to Prime Minister Gaston Browne, Congresswoman Maxine Walters acknowledged that the availability of services, including correspondent banking partners, has declined over the last decade, severely impacting the economies and people of the region, in large part due to concerns about institutional risk and compliance.<\/span><\/p>\n


\nThe Congresswoman also made reference to Caribbean governments\u2019 response to the crisis, noting that they have made significant improvements to anti-money laundering and counter-terrorism finance regimes. <\/span>Despite this, she said services have not returned.
\nPrime Minister Browne said that the decline of Caribbean economies consequent to the loss of Corresponding Banking Relationships could result in a rise in refugees and illegal immigration to the US; an increase in criminal activity including narcotics trafficking to the US; and the development of closer ties with countries other than the US in a region that the US regards as its third border.<\/span><\/p>

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\nHe therefore added that this roundtable with Congresswoman Maxine Walters and other members of the United States House of Representatives Committee on Financial Services is vitally important to find a path forward to bring back a broader array of banking services to Caribbean nations. It is also anticipated that the roundtable will look at what can be done through legislative and regulatory adjustments, whether in the US, the Caribbean; or within the international community to address the issue.\u00a0<\/span><\/p>

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Prime Minister Browne met with Congresswoman Walters to discussed today\u2019s round-table with senior representatives of major US Banks and representatives of Caribbean Government to include CARICOM Secretary General and Governor of the Central Banks and other key players, including the US Government and regulators; which should culminate with the formulation of legislation to deal with […]<\/p>\n","protected":false},"author":3,"featured_media":81458,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-81457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nPrime Minister Browne meets with U.S Congresswoman Walters - 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\/prime-minister-browne-meets-with-u-s-congresswoman-walters\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prime Minister Browne meets with U.S Congresswoman Walters\" \/>\n<meta property=\"og:description\" content=\"Prime Minister Browne met with Congresswoman Walters to discussed today\u2019s round-table with senior representatives of major US Banks and representatives of Caribbean Government to include CARICOM Secretary General and Governor of the Central Banks and other key players, including the US Government and regulators; which should culminate with the formulation of legislation to deal with […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/antiguanewsroom.com\/prime-minister-browne-meets-with-u-s-congresswoman-walters\/\" \/>\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=\"2019-11-20T00:08:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mlavawteztbj.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2019\/11\/Maxine.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"768\" \/>\n\t<meta property=\"og:image:height\" content=\"960\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/antiguanewsroom.com\/prime-minister-browne-meets-with-u-s-congresswoman-walters\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/prime-minister-browne-meets-with-u-s-congresswoman-walters\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\"},\"headline\":\"Prime Minister Browne meets with U.S Congresswoman Walters\",\"datePublished\":\"2019-11-20T00:08:38+00:00\",\"dateModified\":\"2019-11-20T00:08:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/prime-minister-browne-meets-with-u-s-congresswoman-walters\/\"},\"wordCount\":291,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/prime-minister-browne-meets-with-u-s-congresswoman-walters\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:960\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2019\/11\/Maxine.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/antiguanewsroom.com\/prime-minister-browne-meets-with-u-s-congresswoman-walters\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/antiguanewsroom.com\/prime-minister-browne-meets-with-u-s-congresswoman-walters\/\",\"url\":\"https:\/\/antiguanewsroom.com\/prime-minister-browne-meets-with-u-s-congresswoman-walters\/\",\"name\":\"Prime Minister Browne meets with U.S Congresswoman Walters - 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