The Minister of National Security, Rayburn Blackmoore, urged banks in Dominica to ensure that nonprofit organizations have the necessary ministerial licenses before opening accounts. During a press conference, he mentioned the temporary suspension of certain incorporation work for a thorough review of applications. Blackmoore emphasized the importance for directors to understand their legal obligations and provide the required documents to banks.
License Verification: Blackmoore Urges Banks to Exercise Caution Before Opening Accounts for NGOs
This article was updated at 17:55.