Until the Bank of New York scandal erupted in 1999 international correspondent banking had not been fully acknowledged as a high risk area, specifically prone to money laundering.

On 3rd September 2019, Business in Vancouver, a British Columbia, Canada weekly paper and website, published a comprehensive front-page article entitled "B.C. Company mired in court fight over luxury Caribbean resort" ...

While legitimate foreign investors are taking their money elsewhere, the Government of Antigua & Barbuda has been quietly attracting a new source of financial underpinning.