Attorneys General Meet For Final Review Of Securities Act
Basseterre, March 8, 2001 Attorneys General from within the Eastern Caribbean Currency Union will meet in Basseterre, St Kitts for the final review of the Eastern Caribbean Securities Act 2000. The March 9-10 meeting will put the finishing touches to the Act and is the culmination of months of drafting and reviewing of legislation that will establish the legal and regulatory framework for the Eastern Caribbean Securities Market (ECSM). The two-day meeting marks a significant milestone in the run-up to the official start up of operations of the first regional electronic securities exchange in the Western Hemisphere. The working session will see the legal officials reviewing the fifth draft of the Securities Act 2000 as well as the supporting regulations that will govern the operations of the ECSM. All eight Governments within the Currency Union have already given their commitment to passing this all-important legislation within three months of receiving a clean copy of the bill. This will pave the way for the much-anticipated opening of the ECSM.
Eastern Caribbean Central Bank
P O Box 89, Basseterre,
St. Kitts
Contact Person: Theresa Daniel-Communications Officer
Phone: (869) 465-2537 Ext. 217
Fax: (869) 465-0322
Email: eccbmcm@caribsurf.com
