In connection with these reforms, a regional regulator (ECCIRA) will become operational by October 2025. It will set uniform standards and monitor their compliance. It is not yet clear how exactly ECCIRA will be structured, who will be its members, or how powers will be distributed between national bodies and the regional center.
PM Dickon Mitchell during the opening of the new IMA Grenada offices has announced that Grenada will host the headquarters of the new Caribbean CBI regulatory authority.
APEX Capital Partners, the official licensed agent with offices in the Caribbean, will monitor developments.
