The Eastern Caribbean Central Bank - the regulatory authority of licensed banks in the Eastern Caribbean Currency Union - is inviting comments on a June 2018 Consultative Paper on the Consolidation of National Banks in the Eastern Caribbean which may be accessed at the central bank’s website. The paper advises that the Monetary Council of the ECCU, which is made up of the Ministers of Finance of member countries, at its February 2018 meeting approved a statement of intent and principles of bank consolidation for the ECCU national banking sector.