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by Bajan Reporter / April 1st, 2021 The Central Bank of Barbados ( CBB) reminds how companies must now complete the Balance of Payments Survey, a survey of the international transactions of establishments that operate in Barbados, commonly known as the BOP survey. Citing Section 69 of the new Central Bank of Barbados Act, which was passed in Parliament in December 2020, the institution reminded businesses that anyone who fails to provide information to help the Bank complete its mandate and fulfil its statutory objectives “ shall be liable on summary conviction to a fine of $10,000.” “The BOP data is critical to the country’s economic development. The Bank relies on this information for its economic forecasts and analysis, as well as to determine the policies that are needed to restore Barbados’ economy. It is therefore critical that respondents complete the survey,” ....