Shelton Daniel appointed to chair ECCU Working Group

Shelton Daniel appointed to chair ECCU Working Group

Shelton Daniel of Saint Lucia has been appointed to chair an eight-member group to conduct a comprehensive analysis and assessment of the suitability of fees levied by the commercial banks, the Eastern Caribbean Central Bank has said.

The Eastern Caribbean Currency Union (ECCU) Working Group on Commercial Bank Fees and Charges comprises representatives from civil society, the OECS Business Council, the legal fraternity and the financial sector.

According to the ECCB, the group convened its first meeting via video conference on June 30.

The ECCB said the group’s mandate includes a review of the fees and charges in other CARICOM member countries and consultations with key stakeholders, including the ECCU Bankers Association.

The establishment of the Working Group is one of the ECCB Monetary Council’s recommendations for addressing the increases in fees and charges for products and services offered by the commercial banks which operate in the ECCU.

The Working Group is expected to present a preliminary report on its work to the ECCB Monetary Council at the Council meeting in October.

The ECCB recently voiced concern over the increase in commercial bank fees and charges across the Easter Caribbean Currency Union  and the effects on depositors.

In a statement issued to the regional media, the ECCB  distanced itself from being responsible for the increase, saying that individual banks determine their fees and charges.

Recently RBC Royal Bank imposed a monthly charge of $25.00 on persons holding bank accounts.

The full composition of the ECCU Working Group on Commercial Bank Fees and Charges is as follows:

  1. Shelton Daniel – representative from civil society;
  2. Lennox Andrews – Economist;
  3. Denise Armstrong – former banker;
  4. Malcolm Alexander – former banker;
  5. Deale Lee – Attorney at Law;
  6. Michelle Samuel – Accountant;
  7. Aine Brathwaite – representative from the Organisation of Eastern Caribbean States Business Council; and
  8. Gordon Charles – representative from the Organisation of Eastern Caribbean States Business Council.

 

 

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38 Comments

  1. Febert
    July 19, 2016 at 11:54 am Reply

    That’s a HUGE mistake. This guy is a waste.

    1. Anonymous
      July 19, 2016 at 12:40 pm Reply

      Why? Because a talentless flambeau like you couldn’t meddle in the selection with your dirty hands to reward another talentless, brainless flambeau

      1. Marcia
        July 19, 2016 at 3:19 pm Reply

        When man closes one door God opens several. Haters will continue to spread hate and be envious of your progress but they cannot stop you Shelton because God’s favour is upon you.

    2. Anonymous
      July 19, 2016 at 10:32 pm Reply

      shut up. you green-eyed monster

  2. Anonymous
    July 19, 2016 at 12:27 pm Reply

    LOL the SLP trying to boost you Shelton after they fired him from RSL LOL. Now whish civil society is he a member of…NONSENSE

    1. Anonymous
      July 19, 2016 at 12:36 pm Reply

      What does this have to do with SLP? You idiotic flambeaus are just angry that SLP supporters are talented and educated and can find gainful work outside of politics unlike you miserable snails who are lost in the wilderness once your UWP party is no longer in power to reward your mediocrity and talentless selves with positions that you shouldn’t even dream of having. You idiots will forever be loyal to de party because you’re useless otherwise

      1. Amazed
        July 19, 2016 at 1:14 pm Reply

        Lol..

      2. Ken
        July 19, 2016 at 1:32 pm Reply

        Useless. Somebody pulled a string somewhere. This guy is incapable of rational and independent thinking. An engorged suhnsi.

        1. Anonymous
          July 19, 2016 at 4:29 pm Reply

          A UWP puppet like you would now a lot about pulling strings

          1. Anonymous
            July 19, 2016 at 4:29 pm

            *know

  3. lovina
    July 19, 2016 at 1:22 pm Reply

    Lol

  4. Lol
    July 19, 2016 at 1:29 pm Reply

    Ay ay just so with Lucians, hating on each other

    1. Anonymous
      July 19, 2016 at 2:09 pm Reply

      It’s a Tribal War in Saint Lucia… Red vs Yellow!

  5. Sad-But-True
    July 19, 2016 at 2:17 pm Reply

    Wow Shelton, you Deserve it! You are a very Intelligent son of the soil and one who is poised to achieve Greater Things. I solute you! And ask God’s Guidance and Divine Intervention to keep you safe and can continue to articulate your thoughts like you’ve always been doing.

    Blessings to You!

  6. Sad-But-True
    July 19, 2016 at 2:20 pm Reply

    Lol..why are the most Inferior Political Party (UWP) and its members still comment like they are the Opposition? lol. This Baffles me. They have 4 Prime Ministers, yet they seem not to be able to get things done or be happy. Nice!! Lol.

  7. EMPRE$$
    July 19, 2016 at 2:50 pm Reply

    Haters will always hate. Stop being jealous, Shelton is very knowledge and articulate. Shelton let them know wise men, women and children come from the east. Congratulations Shelton!!!!!!!! Family I say reach for the STARS. no pun intended…lol. The best is yet to come. Go Shelton Go!!! Who the Almighty bless no man or woman can never ever curse.. Stay Positive.

  8. Anonymous
    July 19, 2016 at 4:20 pm Reply

    Jus because he was appointed to a title like this means he is/was the reaaon why we are at our lowest… Every man deserves a chance to change a nation from better to best or bad to worse. Let this man do what he was called for….. it may not be what we all want but its been done so live it…. let it be

  9. Fed Up
    July 19, 2016 at 5:26 pm Reply

    Instead of making suggestions that could benefit us as a nation, people choose instead to denigrate the individual. Shame on us Lucians, shame.

  10. The Commentator
    July 19, 2016 at 5:42 pm Reply

    Is that why I am not hearing him on Radio St. Lucia’s Ninety Minutes? He will do a good job of chairing that ECCU Working Group since he is a very bright and articulate guy.

    1. Woy mee lee
      July 19, 2016 at 8:06 pm Reply

      A self serving parasite. An egotistical plump Goebbals. A man who looks at St. Lucians with disdain and contempt.

      1. The Crow
        July 19, 2016 at 9:45 pm Reply

        Why? Because he doesn’t support UWP? Oh please, get a real life.

      2. Anonymous
        July 19, 2016 at 10:24 pm Reply

        U just described yourself

    2. Realist
      July 21, 2016 at 2:03 am Reply

      Actually it is because the program was discontinued by the gov. Of St Lucia

  11. Understanding Man
    July 19, 2016 at 8:24 pm Reply

    Kudos to you Shelton. Go forth and serve proudly, with ethics and integrity. You can’t keep a good man down. For those who are bent on negativity, pray for them lest they self destruct!

    1. M
      July 20, 2016 at 9:38 am Reply

      This man does not understand integrity, fairness or freedom of expression. He blocked me on SLAP on Facebook because I didn’t tow his rabid pro-labour rhetoric. Dozens more have been blocked and Censored for asking questions or voicing opinions. He once bought a man on his show as an expert who was in fact a very perverse, sexual predator. Shelton needs to go work in North Korea.

      1. Realist
        July 21, 2016 at 2:09 am Reply

        You want to talk about being censored and sexual predators? I am not one to be political but please look within our governmentformed by the party of which you are a supporter, before making such a comment. The same government that censored 90 minutes recently and I’m sure u can recall the allegations made by Janine Compton. Oh the irony.

  12. Tracey
    July 19, 2016 at 10:17 pm Reply

    This gentleman’s mind is burnt with red lavender. He cannot be objective. Why elect him to any post of credence? He is skewed and irrational

    1. Anonymous
      July 19, 2016 at 10:26 pm Reply

      He was appointed not elected. Get it right.

  13. Anonymous
    July 19, 2016 at 10:37 pm Reply

    If he has the papers and was appointed the post. I cannot argue here. Every man deserve to eat

  14. Anonymous
    July 20, 2016 at 7:08 am Reply

    The article mentions the first meeting of the group on June 30. What it doesn’t tell us is when the members of the group were appointed, and on whose recommendations.

    When that is revealed, the story might sound a lot different …

  15. Love
    July 20, 2016 at 8:19 am Reply

    Its true Shelton is red all over but I believe that he will do a good job. And every one has a contribution to make in this country. Even the lay man on the street. Regardless race color, or which party u support

  16. Anon1
    July 20, 2016 at 8:55 am Reply

    You Lucians are still so caught up in party politics that you’re not seeing the point with this article.

    This Board or Group is a TOOTHLESS one, they can’t invoke any change on the Banks nada.

  17. greta
    July 20, 2016 at 9:13 am Reply

    I don’t support that move. This guy is trouble and partisan.

  18. Anon1
    July 20, 2016 at 9:19 am Reply

    Whether it’s Shelton or anyone else this Board is like a toothless Rottweiler.

    Why waste money on these salaries to create a report that Banks can literally just read (if they do) and then shred.

    There is no Regulatory Body which can dictate to any bank that their fees have to be reduced.

    So what is point of this board???

    And no disrespect to Shelton at all, I’ve always thought he talks sense unlike others, and that’s regardless of his political affiliation.

  19. trudy
    July 20, 2016 at 2:48 pm Reply

    chair of working group? That doh have money in it

    1. Anon1
      July 21, 2016 at 8:41 am Reply

      Ok you may have corrected me and I appreciate.

      But I still go back to the main point, whatever the group/board comes back with the banks are under NO obligation to act on this boards recommendations.

  20. Anonymous
    July 22, 2016 at 7:18 pm Reply

    As a patriotic St.Lucian i am truly ashamed at reading some of the comments made here, The denigrating of a fellow St.Lucian is uncalled for, Shelton’s political affiliations can’t erase his brilliance or professionalism, elections are over, a government has been duly elected its time for the country to move forward in unity working together as a nation or perish as fools !!!

    1. Anon1
      July 29, 2016 at 9:27 am Reply

      Hear hear!

      That’s precisely the problem we St Lucians just can’t give up this partisan politics.

      Would rather crucify a fellow St Lucian because of his political affiliation rather than give him/her recognition for their professionalism.

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