UWP Leader believes Government is exposing Dominica’s Financial institutions to De-Risking
Leader of the United Workers Party Lennox Linton believes that the manner in which the Citizenship By Investment Program is being run is exposing Dominica's bank to the possibility of de-risking.
On May 23rd 2016, the banking sector in the Cayman Islands and elsewhere in the Caribbean were forced to accept new ways of working in the financial sector, including sharing costs and services, in order to survive in the current climate of de-risking, according to US industry consultants that visited the jurisdiction recently.
Linton stressed that the DLP Government is not transparent enough in handling such a sensitive program.
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