05 Mar
Grenada's Ranking in Transparency International's corruption perception Index 2017

Grenada's Ranking in Transparency International's corruption perception Index 2017

Grenada’s Integrity Commission (IC) and the Financial Intelligence Unit (FIU) acknowledge the news of Grenada’s ranking (52), in the 2017 Transparency International Corruption Perception Index,  as Grenada remains above the median level over the last two years since the limited re-introduction to this process with only 3 sources of information applied.

Perception indices such as these are based on subjective data and sometimes wide margins of errors even with minimal variances in conditions. 

However, the review process reminds us that we must remain committed to the national focus of improving our reporting and communications to reflect our actual collective anti-corruption efforts. As a country highlighted by the Index for order and security, we must continue to build on our achievements.

We look forward to positive achievements, given the levels of work being done by the Integrity Commission, the FIU and our National Stakeholders, which realised enhanced accountability in the Public, Financial, Judicial and Procurement Sectors in 2017.

Grenada’s Anti- Corruption Sector has benefitted immensely from training and assistance from the Commonwealth Secretariat, the UNODC; and the World Bank for the implementation of anti-corruption and risk management best practices at the national level during 2017.

Additionally, public education and training of key stakeholders, in particular the Leadership of the Public Sector was heightened.  Grenada also hosted its inaugural International Anti-corruption Day Celebrations and launched its National Stakeholder Anti-corruption Roundtable Mechanism, in continued national anti-corruption efforts.

We and our stakeholders are positively working to realize a culture of Integrity and Anti-Corruption in Grenada which will truly reflect our scoring in the International indices.

09 Jan
Personal Finances and Debt Management

Personal Finances and Debt Management

Income is hard-earned and precious in terms of future needs. Don't think of it as 'easy come, easy go' as many are all too willing to do. To ensure one can manage one's needs and not go into debt it is advisable to put some aside each income day. That little next will grow in time and when emergencies arise it will be on hand. If, on the other hand, one has already stuck bad times and has debts as a result then there is a way of managing it.
04 Dec
6 Things to Consider When Choosing a Forex Broker

6 Things to Consider When Choosing a Forex Broker

If you are going to choose a good Forex, you have to consider a few crucial things. The competition in the retail Forex market is fierce, and if you scan through the list of all the brokers, you will get a headache. To help you out, given below are 6 things you may want to take into account when choosing the best professional.
04 Dec
Is Bitcoin As Good As Gold?

Is Bitcoin As Good As Gold?

Gold and Bitcoin have been used synonymously as safe havens and currencies. What is a safe haven? It is a place to park wealth or money when there is a high degree of uncertainty in the environment. It has to be something that everyone can believe in even if the current institutions, governments or players in the business game are not available. The wealth has to be kept safe in times of trouble. What are the risks to someone's wealth? There is theft by robbery if it is a physical asset. There is damage by fire, flood or other elements. There is the legal issue in not being able to determine if the asset is really yours or not. There is access risk in that you may own the asset but may not be able to get your hands on it. You may own the asset but may not be able to use it due to some restriction. Who else do you have to rely on to be able to use your wealth - spending it, investing it or converting it into different units of measure (currencies)?
08 Nov
Reduce Fraud and Increase Customer Satisfaction With Intelligent Access Management

Reduce Fraud and Increase Customer Satisfaction With Intelligent Access Management

Financial institutions today are in an arms race with well-organized, technologically savvy fraudsters. These fraudsters build sophisticated malware and control vast networks of compromised computers. They use these tools for a wide range of nefarious activities, including accessing bank accounts in order to steal money.
Banks across the globe lose large sums to fraudsters like this each year. In addition to direct financial loss, they may suffer costly reputational damage and customer attrition as a result of the fraud.
Financial Complex, Building No.1, Second Floor, The Carenage, St. George's (473) 435 2373 / 435 2374

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