St. Kitts – Nevis To Setup Financial Action Task Force

Basseterre, St. Kitts – Nevis
February 19, 2008 (CUOPM)

St. Kitts and Nevis, which undergoes its second mutual assessment by the Caribbean Financial Action Task Force (CFATF) in September, has reconvened meetings of the Local Financial Task Force.

The Federation’s Financial Secretary, Mrs. Janet Harris said the assessment will be carried out in September this year and the local committee has been mandated to analyze and review the Federation’s legal, regulatory and enforcement frameworks where Anti-Money Laundering “AML” and the Counter Financing of Terrorism “CFT” are concerned.

The Task Force was first established to address deficiencies within the Federation’s AML/CFT regime, which led to its black listing.  This body is comprised of key officials in the Federal Government and the Nevis Island Administration, whose departments play a major role in detecting and deterring money laundering and terrorist financing.

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Nevis Premier Praises Police Force

Charlestown, Nevis
February 18, 2008

Premier of Nevis Hon. Joseph Parry lauded the efforts of The Royal St. Kitts and Nevis Police Force in particular the Nevis Division, for the work they have done on the island in the face of inadequate housing and equipment and he urged the people of Nevis to give the police their full support.
 
Mr. Parry praised the police during his remarks at the fifth Police Appreciation Awards 2007, which was held at the Old Manor Hotel, Gingerland, on February 16, 2008. The event was hosted by the Division’s Strategic Planning Group, under the theme “Building on five years of Success through partnership”.
 
“The Police have done a great job on the island of Nevis inspite of limited circumstances, inspite of the problem they have with housing, inspite of the problems they have with equipment. I was told that they do not have finger printing capacity”¦they do not have the equipment to take finger prints and these are some of the things that we have to work on to help our police to carry out their job.

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Cupid Strikes In Nevis On Valentine’s Day

Charlestown, Nevis February 15, 2008 Cupid took aim at the Nevis Island Administration (NIA) on Thursday February 14, Valentines Day, as it distributed hundreds of fresh cut red and pink single stem roses to the women folk of Nevis, in …

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Nevis Premier Discusses Economic Outlook

Charlestown, Nevis
February 13, 2008
Washington-based International Monetary Fund (IMF) Deputy Managing Director Mr. Murilo Portugal has expressed concerns about the debt management challenge faced by Nevis Island Administration (NIA).
 
This concern was among others raised when Premier of Nevis and Minister of Finance the Hon.  Joseph Parry and his Financial Secretary Mr. Laurie Lawrence held discussions with an IMF high level delegation on Sunday February 10, 2008, at the Royal St. Kitts Marriott Hotel.
 
In an interview with the Department of Information on Monday February 11, 2008, Mr. Lawrence said the NIA acknowledged its debt situation and several instruments would be implemented shortly to alleviate the situation.

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Nevis Airport Re-opens To American Eagle Flights

Charlestown, Nevis
February 13, 2008

The Vance Amory International Airport in Newcastle will be back in full operation by the end of today when the first American Airlines aircraft re commences flights into Nevis.
 
Nevis Air and Sea Port Authority (NASPA) Manager Mr. Spencer Hanley made the announcement shortly after midday when an overseas technician assisted by local personnel completed repairs and gave the green light on the fire tender which had been out of commission in late January.
 
“It is my pleasure to tell you that a moment ago the fire truck at Vance W. Amory International Airport was returned to full service and we have already notified the Trinidad and Tobago Civil Aviation Authority that is the official agency that will indicate to the world that we are back.
 
“At about 10 past 12 today we started the truck and gave it the first test run. We drove up and down the runway and then late on we had to fill the tank with 1,500 gallons of water and then we did another test run this time it was for us to shoot out the water and the foam to make sure that everything is working fine. So I am happy to announce that everything is working fine,” he said.

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