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Only Anguilla and Montserrat left to pass (ECCB) Banking Act

Former Premier Reuben Meade in his now usual style awoke a matter (the ECCB Banking Act) that has been lingering for some months, which apart from his unsavory and disrespectful manner has shown that there is little to debate in order for the current Premier and Minister of Finance to actually have a free passage of the Banking Act through the local Assembly.

Former Premier Reuben Meade

Former Premier Reuben Meade

In the following pages of this issue beginning with An Open Letter to Premier Donaldson Romeo, a rebuff of R T Meade’s  concerns on the non-passage of the Banking Act; some informative discussions on the Act from Anguilla, Montserrat and Florida, USA, all of which will complement that presented before in TMR about some of the concerns the Montserrat Government has taken on board from its previous consultations with the media and mainly legal and banking practitioners, and senior public servants.

The group commended the Premier from the beginning for involving them and the public in the matter, before he “presents it the Legislative Assembly”, they having met at the request of the Premier, who had said his Ministers had been discussing the issue from time to time. They (along with different groups) met on at least four occasions to hear presentations and discuss the new proposed Banking Legislative Reform Act. One of the consultations involved and video conferences with the ECCB Governor Sir Dwight Venner who discussed and took questions from the Montserrat delegation

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Former Premier Reuben Meade in his now usual style awoke a matter (the ECCB Banking Act) that has been lingering for some months, which apart from his unsavory and disrespectful manner has shown that there is little to debate in order for the current Premier and Minister of Finance to actually have a free passage of the Banking Act through the local Assembly.

Former Premier Reuben Meade

Former Premier Reuben Meade

In the following pages of this issue beginning with An Open Letter to Premier Donaldson Romeo, a rebuff of R T Meade’s  concerns on the non-passage of the Banking Act; some informative discussions on the Act from Anguilla, Montserrat and Florida, USA, all of which will complement that presented before in TMR about some of the concerns the Montserrat Government has taken on board from its previous consultations with the media and mainly legal and banking practitioners, and senior public servants.

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The group commended the Premier from the beginning for involving them and the public in the matter, before he “presents it the Legislative Assembly”, they having met at the request of the Premier, who had said his Ministers had been discussing the issue from time to time. They (along with different groups) met on at least four occasions to hear presentations and discuss the new proposed Banking Legislative Reform Act. One of the consultations involved and video conferences with the ECCB Governor Sir Dwight Venner who discussed and took questions from the Montserrat delegation