Bank of Nevis Participates in ECCB Consultation Ahead of Launch of Office Financial Conduct
Source :BON FB CHARLESTOWN, NEVIS — Senior executives of The Bank of Nevis Limited joined banking professionals from across the Federation in a key stakeholder consultation hosted by the Eastern Caribbean Central Bank (ECCB) on Thursday, June 4, 2026, as preparations continue for the launch of the Office of Financial Conduct (OFC). The consultation brought […]
Black News 
Source :BON FB
CHARLESTOWN, NEVIS — Senior executives of The Bank of Nevis Limited joined banking professionals from across the Federation in a key stakeholder consultation hosted by the Eastern Caribbean Central Bank (ECCB) on Thursday, June 4, 2026, as preparations continue for the launch of the Office of Financial Conduct (OFC).
The consultation brought together members of the Bankers Association and ECCB officials to discuss the framework and implementation of the OFC, which is scheduled to become operational in September 2026. The initiative forms part of the ECCB’s ongoing efforts to strengthen financial consumer protection and promote high standards of conduct across the banking sector.
Participants engaged in comprehensive discussions on several critical areas, including:
Market conduct requirements for licensed financial institutions
The ECCB’s functions and supervisory powers relating to market conduct
An overview of the Financial Dispute Resolution Commission
The Code of Conduct for Complaints Handling Procedures
The Code of Conduct for Financial Consumer Access and Inclusion
The Office of Financial Conduct will play a pivotal role in overseeing consumer protection and business conduct matters for institutions licensed under the Banking Act. Its establishment is expected to enhance transparency, accountability, fairness, and public confidence throughout the financial services sector.
Representing The Bank of Nevis Limited at the consultation were Chief Executive Officer Mr. Denrick Liburd and other members of the Bank’s senior leadership team, including Ms. Marva Walwyn.
The Bank’s participation underscores its commitment to maintaining the highest standards of professionalism, integrity, and customer service, while supporting regional initiatives designed to strengthen the financial system and improve the experience of consumers across the Eastern Caribbean Currency Union (ECCU).
As the financial landscape continues to evolve, The Bank of Nevis remains dedicated to working collaboratively with regulators, industry partners, and stakeholders to ensure a safe, transparent, and customer-focused banking environment.
