July 15, 2014
ECCB hosts workshop on asset management

Over 60 commercial bankers, members of the legal fraternity, public sector officials, appraisers, real estate agents and other key stakeholders in the banking and finance sectors are meeting at the Eastern Caribbean Central Bank Headquarters for the Eastern Caribbean Asset Management Corporation (ECAMC) Workshop.{{more}}

The workshop, which began yesterday, July 14, comes to a close today.

The ECCB is spearheading the establishment of the ECAMC to carry on the business of asset management for approved financial institutions which operate in the Eastern Caribbean Currency Union (ECCU).

During the workshop, the participants will be apprised of the purpose and function of the Asset Management Corporation and the legal framework within which it will operate. They will also be exposed to presentations on various issues related to the establishment of the corporation including: international best standards of appraisal methodology and corporate restructuring.

Christopher Browne, MRICS, Property Masters, is among the participants.