Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what support his Department provides to the financial regulatory authorities of St Kitts and Nevis.

Officials have found no record of support being provided to the St Kitts and Nevis financial regulatory authorities in recent times, nor have they found any record of such support being requested. The department stands ready to consider any reasonable request from the government.

It may be helpful to note that St Kitts and Nevis are a participant in the Caribbean Regional Technical Assistance Centre (CARTAC), which is one of the IMF’S Regional Capacity Development Centers, to which the Government provides core funding, via the FCDO. And Financial supervision is one of the CARTAC’s standing work strands. It may also be noteworthy that St Kitts and Nevis has benefitted, indirectly, from support in strengthening its response to illicit finance by virtue of the UK’s voluntary contributions to the Caribbean Financial Action Task Force.