A series of in-country consultations is set to commence this week among all five Eastern Caribbean States which operate Citizenship By Investment (CBI/CIP) programmes.
The consultations are being organized by the Interim Regulatory Commission (IRC) to engage stakeholders on the establishment of a Regional Regulator for Citizenship by Investment Programmes (CBI/CIP). The consultations will commence on 4 March 2025 with Saint Christopher (St Kitts) and Nevis. The in-country consultations for Antigua and Barbuda are set for April 15-17.
The consultations will seek to engage a broad and inclusive set of stakeholders. Representatives from the Government, the CIP/CBI industry, the media and social partners will be invited to participate in a series of discussions around the regional efforts to strengthen the transparency, accountability and integrity of the CIP/CBI Programmes.
At the engagements, Legal Drafting Consultant, Lydia Elliott, will present her work towards the development of the enabling legislative framework for the establishment of the Regional Regulator. Participants would then have an opportunity to engage Elliott on this work. They would also be able to engage members of the IRC present, who will support Elliott on the consultations.
The IRC was appointed by the five CBI/CIP countries to oversee the establishment of the Regional Regulator. The eight-member IRC comprises the following appointees:
1.Antigua and Barbuda – Lieutenant Colonel Edward Croft (Deputy Chair)
2.Commonwealth of Dominica – Ms. Francine Baron
3.Grenada – Ms. Julia Lawrence
4.Saint Christopher (St Kitts) and Nevis – Archdeacon Isaiah Phillip
5.Saint Lucia – Mr. Evaristus Jn Marie
6.CARICOM Implementation Agency for Crime and Security (IMPACS)/Joint Regional Communications Centre (JRCC) – Mr. Rufus Ferdinand
7.Organisation of Eastern Caribbean States (OECS) Commission –Mr. Henith Gabriel
8.Eastern Caribbean Central Bank (ECCB) – Governor Timothy Antoine (Chair)
