ANGUILLA FINANCIAL SERVICES ASSOCIATION
PRESS RELEASE
The 2024 Annual General Meeting of the Anguilla Financial Services Association (AFSA) was held on 25 March. As some Association Members reside overseas, it was held online (and was therefore more efficient and environmentally friendly). Outgoing President Graham Crabtree gave an overview of the accomplishments of AFSA over the previous year and Treasurer Crefton Gumbs presented the association’s financial statements. The Executive for the coming year was elected by acclamation and consists of Crefton Gumbs, Fiona Curtis, Graham Crabtree, Jacinth Jeffers, Robert de Ruijter, and Evorna Joseph Hodge, who serves as the Association’s Executive Administrator. In accordance with the Association’s Constitution, positions and functions will be established at the inaugural meeting of this Executive. Members listened attentively to a very informative and enlightening presentation by Nordisia D. Lake, Director of International Tax Cooperation at the Government of Anguilla, and Tina Bryan, Director of the Anguilla Financial Services Commission: “Getting off the EU’s blacklist and staying off it”, which generated a series of thoughtful and pertinent questions and comments from the members, who left the meeting both informed and motivated.
AFSA’s membership comprises firms active in the financial services sector, which includes banks, law firms, trust companies, insurance companies, company managers and firms offering related services. The Association works closely with the Government of Anguilla, the Anguilla Compliance Association, the Anguilla Financial Services Commission, and the Anguilla Branch of the Society of Trust and Estate Practitioners, in the areas of marketing and promotion of the financial services sector, compliance-related matters, and in proposing or responding to the drafting of legislation which, ultimately, affects almost everyone in Anguilla or doing business with it.
The new AFSA Executive can be expected to plan a number of initiatives which are expected to benefit the financial services industry and therefore Anguilla as a whole. These could include training seminars for members, discussions with Government on various areas of interest, fresh promotional proposals and commenting on pending legislation.
7 April 2024