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FIM

Financial Information Month- Calendar of Activities

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ECCB Celebrates 35th Anniversary

ECCB Celebrates 35th Anniversary

TIMOTHY N. J. ANTOINE GOVERNOR, EASTERN CARIBBEAN CENTRAL BANK

Press Release:–  Address by Timothy Antoine, Governor of the Eastern Caribbean Central Bank (ECCB)

Tuesday, October 2, 2018 — The Eastern Caribbean Central Bank (ECCB) is celebrating 35 years of existence, 35 years of service and, most importantly, 35 years of monetary stability.

We offer a high note of praise to Almighty God for His greatness and goodness.  Indeed, “it is in Him, we live and move and have our being” (Acts 17:28, NIV).

We also thank the people of our beloved region for their unwavering support.

Today, we reaffirm that our EC dollar is strong, 98 per cent backed by foreign reserves. This means for every dollar in circulation, we have 98 cents in foreign reserves.  Our monetary union commands global respect; engenders confidence; helps deliver relatively low inflation; and encourages foreign direct investment as there are no foreign exchange controls.

The ECCB is both a powerful symbol and expression of what we as small countries can do when we come together. The ECCB is a timeless testimony of our capacity to craft arrangements for ourselves that work in our best interests.

We seize this opportunity to pay tremendous tribute to the founders and framers of our monetary union.  We acknowledge the role of members of our Monetary Council and Board of Directors (past and present). I hail the colossal contribution of my predecessors: the late Sir Cecil Jacobs and Honourable Sir K Dwight Venner.  I also recognise our first Deputy Governor, Sir Errol Allen and our current Deputy Governor, Mr Trevor Brathwaite.

We applaud our management and staff (past and present) including our retirees. We record our gratitude to all partners (local, regional and international).

Every October, we celebrate Financial Information Month (FIM). Our focus this year is on Conducting and Protecting Your Business in a Digital Environment.  I therefore encourage you to check out our events which include financial fairs, radio quizzes and business symposia on cryptocurrency and other digital developments.

As we commence our next 35 years of service, we will continue to work assiduously for the good of the people of the Eastern Caribbean Currency Union (ECCU).  Our strategic plan makes pellucidly clear our intent to pursue socio-economic transformation of the Eastern Caribbean. To this end, we are fortified in the knowledge that we can achieve so much when we embrace common cause and take collective action.

Happy Anniversary!

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Legal Notice

Legal Notice

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Notice of Application to Replace Lost Land Certificates

Notice of Application to Replace Lost Land Certificates

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Notice of Application to Replace Lost Land Certificates

Notice of Application to Replace Lost Land Certificates

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A Moment With The Registrar Of Lands- Part 01: 2018

A Moment With The Registrar Of Lands- Part 01: 2018

A moment with the Registrar of Lands

Applying for a replacement Land Certificate.

Every owner of land in Montserrat is entitled to have a land certificate issued as proof of land ownership.  Landowners must be responsible for keeping their certificate in a secure, safe location, just as they would any other important documents, such as passports and birth certificates.  However, there are times when land certificates get lost or misplaced.  This short article sets out the procedure to replace a lost land certificate.

A land certificate may get lost for several reasons.  The most common reason is that the Land Certificate got lost or misplaced after someone moved or relocated or following the death of a family member.  Land certificates may get lost or destroyed as a result of a fire, flood, hurricane or as a result of criminal activity such as arson or burglary.  There are other instances when the certificate gets lost or misplaced after it is entrusted to a third person, such as a family member, or a lawyer, surveyor, realtor, or banker.

Procedure

Sworn Statement

  • The owner of the land must make a sworn statement or affidavit including facts that would satisfy the Registrar that the certificate has been lost or destroyed.  The statement must detail events leading up to the loss, including where the certificate was last located, and the last time the whereabouts of the certificate were known.  If the certificate was entrusted to a bank, a lawyer, surveyor or family member, then that person would also have to make a statement, to confirm that the land certificate was last in his possession. 
  • Supporting documents must be attached to substantiate the facts stated, such as a police report of a burglary or fire.  In any event, the Registrar of Lands may request any supporting document to satisfy that the Land Certificate is lost or destroyed.

 Publication

After the application has been accepted by the Land Registry, with the statements and supporting documents, the Land Registry must publish a notice to the public that the certificate is lost.  Newspaper publication has been the most effective publication method for lost certificate application.  The most effective publication method for lost certificate application has been publishing in the newspaper.

Publication is a very important step because it:

  • Affords an opportunity to any person who may have information about the certificate to come forward;
  • Is easily documented as proof of publication, which the Registrar requires to cancel the old certificate and issue a new one;
  • Provides an opportunity to prevent loss by a potential equitable chargee, or a person who may have been entrusted with the certificate by the owner in exchange for a loan, or services and who would lose his security if a new certificate is issued without his knowledge.

Undertaking

Because only one certificate should exist for each parcel of land at any time, the applicant must agree or give an undertaking in his statement that if the lost certificate is ever found, it would be handed into the Land Registry.   This is a very important undertaking because the existence of two certificates for the same land parcel would be highly suspicious, and as it would appear that a falsehood or fraud took place to induce the Registrar of Lands to produce a land certificate when a land certificate was already in existence.

Conclusion

Applications for replacement of lost land certificates are not usually complicated.  Once a comprehensive statutory statement is made, most applications are granted within a short time.  Persons may wish to contact their lawyers for assistance in these applications.  For any questions concerning these or other applications concerning land, contact the Land Registry at (664) 491-3669/3620 or by email at surveys@ gov.ms.

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LICB Men's 50 Overs Championship

LICB Men’s 50 Overs Championship

 

 

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Little Bay - 2008 with Potato hill, bottom rt; Renesvouz bluff, mid-left. (Barge stranded aground on shoreline below Potato Hill)

Little Bay port development by 2020

by Bennette Roach

Little Bay – 2008 with Potato hill, bottom rt; Rendesvouz bluff, beach barely seen beyond, mid-left. (Barge stranded aground on shoreline below Potato Hill)

Premier the Hon. Donaldson Romeo has been touting on the transformation projects that are about to be rolled out by the end of this year. Among them is what his government sees as most integral to the development of Montserrat. As reported he is spouting great optimism surrounding the delivery of a new breakwater and berthing facility for Montserrat. Only that will not break ground until next year.

Earlier in this month like before, the Government was reportedly in negotiation with the European Union for an additional £5million to fund the project. This is expected to supplement the 14.4 million pounds or $50.8 million already allocated under the UK Caribbean Investment Fund, UK-CIF.

Government of Montserrat (GoM) confirmed that the Caribbean Development Bank (CDB) delegation was due to travel to Montserrat soon, to move the project to the next stage.

The Premier explained, “following that we hope to go to procurement on the port a final decision as to what we’re doing with the port and go to procurement, hopefully as I said before we go towards having a contract in place and action on the port around this time next year, by this time next year with a view to spend those funds by 2020.”

He continued: “…a port would have to be in place completed by 2020,” as he confirms, “… that’s one certainty we have once we complete the negotiation successfully.”

He promises, “there will be activity over that period from next year right into 2020 which is good news for the man out there who wants that continuous work that I’ve spoken about.”

He said the visit by the bank was confirmed at the CDB’s forty seventh Annual General Meeting in Turks and Caicos being attended by the Hon Premier Donaldson Romeo, the Financial Secretary Collin Owen and Chief Economist Raja Cadre.

Economic Growth Strategy to get boost

The Premier reportedly has met with the CDB President Dr William Warren Smith and the full board of directors. Premier Romeo discussed the five transformational projects that Montserrat plan to take forward and focused on the partnership between the C.B.D. and Montserrat to deliver the breakwater facility.

It was also confirmed at the meeting that CDB’s Chief Economist will be visiting Montserrat to support the development of the economic growth strategy now being developed by the government.

Meanwhile in late news Friday, a Press Conference on Port Development Project is announced for Tuesday, August 21, 2018  advising that the Project will be implemented by the Ministry of Communications, Works, Energy and Labour.

The information says, that “Since the signing, the Ministry has been inviting and receiving tenders for several key aspects of the project, including, perhaps beginning with the provision of ‘Technical Consultancy and Supervision of the project. 

This Press Conference will therefore provide an update on the tender process and the upcoming stages required as part of the project implementation.

 

Pics Premier

Little Bay

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BML DEBIT CARD1

Bank of Montserrat ATM Card

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Montserrat Innovation Days to Open this Week

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 By TMR staff

OCTA Innovation Newsletter – Montserrat Innovation Days reveals: The Government of Montserrat is organising Innovation Days in Montserrat on 16th and 17th of August 2018. Innovation Days will be held under patronage of the honourable Donaldson Romeo, Premier of Montserrat, who will personally open the Montserrat Innovation Days. That will be great occasion for local both public and private stakeholders to gather and to exchange relevant knowledge and best available practice in different aspects of sustainable development of the island.

Mrs. Janice Panton MBE

Mrs. Janice Panton MBE, UK and EU Representative for the Government of Montserrat and Chair of the OCTA Innovation will present Association of EU Overseas Countries and Territories (OCTA) and OCTA Innovation, EU funded project for propelling innovation in the OCTs. As an introductory speaker at the Montserrat Innovation Days, Janice Panton will particularly highlight her call upon the heads of the governments of the EU Overseas Countries and Territories to embrace Systemic Innovation for the sustainable development of their territories.

The Premier’s Office on Tuesday this week, provided some more details. The linkages between innovation and sustainable development will be the focus of discussions on Montserrat for the ‘2018 Innovation Days’, being organised by the Government of Montserrat with support from the local Innovation Advisory Board.

The ‘Innovation Days’ are scheduled for Thursday August 16 and Friday August 17 at the Montserrat National Trust starting at 9:00a.m. on both days.  The event will be launched on Thursday morning by Hon. Premiere Donaldson Romeo who will deliver opening remarks. Other speakers scheduled to deliver remarks at the opening ceremony include Government of Montserrat’s UK Representative and Chair of the Overseas Countries and Territories Association (OCTA) Innovation, Mrs. Janice Panton, and Brussels based OCTA Innovation Team Leader, Milan Jezic von Gesseneck.

The Brussels based OCTA Innovation Team Leader and the local Innovation Advisory Board explained that the ‘Innovation Days’ are intended to assist in enhancing sustainable development through innovation solutions for economic diversification.  The event targets both local public and private stakeholders, encouraging exchanges of relevant knowledge and best available practice in different aspects of sustainable development of the island.

During the sessions, Milan Jezic von Gesseneck, will lead a group of EU experts who will provide some lectures and transfer of knowledge on the best EU practices to Montserrat. Milan in particular will share his knowledge and experience in innovation and sustainable development; Innovation, entrepreneurship and green business expert from Trinidad and Tobago, Alan Cooper, will share his knowledge and regional experience in policy support for innovation, entrepreneurship and green business development; while development and tourism expert James McGregor, will bring the best worldwide practice and experience in visitor economy. Some members of the local Innovation Advisory Board will also deliver presentations based on their areas of specialisation.

In addition to the Innovation Days on August 16 and 17, a round-table discussion on the ‘Creative Industry’ is also being planned for Monday, August 20 starting at 9:00a.m. at the Cabinet Secretariat’s Conference Room.

The OCTA Innovation programme assists Overseas Countries and Territories (OCTs) in propelling innovation and creativity through the organisation of local ‘Innovation Days’. Innovation Days are events held in the OCTs, ranging from one day up to several days, with support from the Brussels based OCTA Innovation Team Leader, and features lectures and trainings from experts.

Creativity in Monserrat has been recognised: handmade craft items specific to Montserrat. Emerald Isle Ceramics won OCTA Innovation BIC Award 2017 in creativity field.

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