Our final panel will help us to look at the possibilities for reshaping how the market functions, including the potential for strengthening the secondary market. The recent announcement of Government’s intention to establish a Unit Trust and introduce new vehicles to provide more investment opportunities for Barbadians will help to redefine the securities and investments space.
In addition, we have become an important regional financial centre, and that necessarily brings with it the potential to attract both legal and illegal financial flows. Second, while the potential sources of money to be laundered have expanded greatly in recent years, illegal drugs continue to be the most prolific.