PM Douglas congratulates Financial Secretary Harris
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| St. Kitts and Nevis Prime Minister and Minister of Finance, Hon. Dr. Denzil L. Dougla and Financial Secretary, Mrs. Janet Harris (Photo by Erasmus Williams) |
BASSETERRE, ST. KITTS, DECEMBER 5TH 2007 (CUOPM) – The Financial Secretary of the Federation of St. Kitts and Nevis, Mrs. Janet Harris has been elected Deputy Chair of the Caribbean Financial Section Task Force (CFATF).
This was disclosed Tuesday by St. Kitts and Nevis Prime Minister and Minister of Finance, Hon. Dr. Denzil L. Douglas, who congratulated Ms. Harris on her appointment during his monthly Press Conference on Tuesday.
“This Government looks forward to Mrs. Harris, who is the officially designated person to represent the Federation in its newly elected position, thus providing support to the Chair of the CFATF, a position which is now held by Costa Rica, and to the continued strengthening of the relationship between the Federation and the CFATF which was first forged in 1998, when there was a complete overhaul of our own Financial Services Sector in St. Kitts and Nevis,” said Dr. Douglas.
Director General/Regulator of the St. Kitts Financial Services Regulatory Department of the Ministry of Finance, Ms. I. Fidela Clarke said the election of Mrs. Harris took place in Costa Rica on 23rd November, 2007. ~~Adz:Right~~
“The CFATF is an organisation of thirty states of the Caribbean Basin. Its main objective is to achieve effective implementation of and compliance with the Financial Action Task Force’s forty plus nine recommendations to prevent and control money laundering and to combat the financing of terrorism,” Ms. Clarke told the Communications Unit in the Office of the Prime Minister (CUOPM).
She said the organisation was instrumental in ensuring that St. Kitts and Nevis was removed from the Organisation for Economic Co-operation and Development’s “OECD” Black List also known as the Non-Co-operative Countries and Territories List in June, 2002.
Ms. Clarke said that the Federation will undergo its second Mutual Evaluation by the Caribbean Financial Action Task Force in 2008.
