{"id":329486,"date":"2024-09-26T10:03:58","date_gmt":"2024-09-26T14:03:58","guid":{"rendered":"https:\/\/dominicanewsonline.com\/news\/?p=329486"},"modified":"2024-09-26T10:03:58","modified_gmt":"2024-09-26T14:03:58","slug":"francine-baron-appointed-to-caribbean-cbi-regulatory-commission","status":"publish","type":"post","link":"https:\/\/dominicanewsonline.com\/news\/homepage\/news\/francine-baron-appointed-to-caribbean-cbi-regulatory-commission\/","title":{"rendered":"Francine Baron appointed to Caribbean CBI Regulatory Commission"},"content":{"rendered":"<figure id=\"attachment_156743\" aria-describedby=\"caption-attachment-156743\" style=\"width: 457px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-156743 size-full\" src=\"https:\/\/dominicanewsonline.com\/news\/wp-content\/uploads\/2016\/02\/francine-baron.jpg\" alt=\"\" width=\"457\" height=\"361\" \/><figcaption id=\"caption-attachment-156743\" class=\"wp-caption-text\">Francine Baron<\/figcaption><\/figure>\n<p>Francine Baron has been appointed to the Board of the Regional Citizenship by Investment (CBI) Regulatory Commission, known as the Caribbean Interim Regulatory Commission (IRC).<\/p>\n<p>The IRC was established by Caribbean countries offering CBI programs and is seen as a practical step towards forming a regional body to regulate such programs.<\/p>\n<p>It is a key provision in the Memorandum of Agreement (MOA), which was published in March 2024 and was signed by Antigua and Barbuda, Dominica, Grenada, Saint Christopher (St Kitts), and Nevis and Saint Lucia.<\/p>\n<p>The IRC&#8217;s task is to set standards and regulations for CBI programs in line with international best practices, ensuring compliance and monitoring within the industry.<\/p>\n<p>Those appointed to the IRC, eight in all across the Caribbean, are not directly involved in the administration or promotion of CBI programs and are drawn from diverse fields including law, economics, finance, audit, compliance, and law enforcement.<\/p>\n<p>They are:<\/p>\n<p>-Antigua and Barbuda \u2013 Lieutenant Colonel Edward Croft (Deputy Chair)<br \/>\n-Dominica \u2013 Francine Baron<br \/>\n-Grenada \u2013 Julia Lawrence<br \/>\n-Saint Christopher (St Kitts) and Nevis \u2013 Archdeacon Isaiah Phillip<br \/>\n-Saint Lucia \u2013 Evaristus Jn Marie<br \/>\n-CARICOM Implementation Agency for Crime and Security (IMPACS)\/Joint Regional<br \/>\nCommunications Centre (JRCC) \u2013 Rufus Ferdinand<br \/>\n-Organisation of Eastern Caribbean States (OECS) Commission \u2013 Henith Gabriel<br \/>\n-Eastern Caribbean Central Bank (ECCB) \u2013 Timothy Antoine (Chair)<\/p>\n<p>They are expected to be a technical working group charged with fully developing the plans for the regional regulator and for its implementation. It will operate until the first Board of the regional regulator is appointed.<\/p>\n<p>The IRC held its first meeting on 24 September 2024.<\/p>\n<p>The regional regulator will be a separate legal entity and will be housed outside of the ECCB. At this stage, it is anticipated that the regional CIP\/CBI regulator will be established in the second half of 2025.<\/p>\n<p>Baron served as Minister of Foreign and CARICOM Affairs from 2014 to 2019 and was Dominica&#8217;s Attorney General from 2007 to 2010. She was also High Commissioner of Dominica to the United Kingdom from 2012 to 2014. She is the Chairman of the Board of Directors of the Dominica Electricity Services Ltd (DOMLEC) and was Chief Executive Officer of the Climate Resilience Execution Agency (CREAD).<\/p>\n","protected":false},"excerpt":{"rendered":"Francine Baron has been appointed to the Board of the Regional Citizenship by Investment (CBI) Regulatory Commission, known as the Caribbean Interim Regulatory Commission (IRC). The IRC was established by Caribbean countries offering CBI programs and is seen as a&#8230;","protected":false},"author":13,"featured_media":156743,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_cbd_carousel_blocks":"[]","footnotes":""},"categories":[235,9,14],"tags":[],"class_list":["post-329486","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-homepage-carousel","category-news","category-regional"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Francine Baron appointed to Caribbean CBI Regulatory Commission - Dominica News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dominicanewsonline.com\/news\/homepage\/news\/francine-baron-appointed-to-caribbean-cbi-regulatory-commission\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Francine Baron appointed to Caribbean CBI Regulatory Commission - Dominica News Online\" \/>\n<meta property=\"og:description\" content=\"Francine Baron has been appointed to the Board of the Regional Citizenship by Investment (CBI) Regulatory Commission, known as the Caribbean Interim Regulatory Commission (IRC). 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