Saturday, January 20, 2018

BDO plugs insourcing of financial services*

FOREX FROM INSOURCING

Sherwin Long, left, head of Extractive Industries Transparency Initiative of T&T speaks with managing partner at BDO British Virgin Islands, Andrew Bickerton, at the local partnership’s tenth anniversary reception at the Hyatt Regency, PoS, last Wednesday. —Photo: Curtis Chase


IN the midst of economic recession, a leading accounting firm in the region has suggested that the insourcing of financial services could become a valuable diversification tool for Trinidad and Tobago.
Audit and chartered accounting firm BDO (Trinidad and Tobago) disclosed last week that affiliates in the British Virgin Islands (BVI) and Cayman Islands have been outsourcing to this country, effectively bringing in revenue in a field that may have been overlooked as a diversification option.
When the company celebrated its tenth anniversary last Wednesday at the Hyatt Regency, international liaison officer at BDO T&T, Riaz Ali, was excited at the prospect of this type of insourcing getting exposure.

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