Jamaica is now either fully or partially compliant with 37 of the Financial Action Task Force (FATF) 40 Recommendations. The recommendations constitute the international standards by which jurisdictions’ preventative measures to combat the risks posed by criminals to launder the proceeds of crime and finance terrorism and proliferation of weapons of mass destruction are assessed. Providing the update in the...

Tax Administration Jamaica (TAJ) is reminding business persons that Consumption Taxes for the month of November are due on Friday December 29, 2023, to include GCT, SCT, TCT and GART. This is in keeping with the requirement for these taxpayers to make their monthly Consumption Tax Returns and payments on the last working day of the month, after the end...

At the December 6, 2023 meeting of the Financial Policy Committee (FPC) of Bank of Jamaica, 10 Cyber Resilience Principles were approved by the FPC, on the recommendation of the Financial System Stability Committee (FSSC). The Cyber Resilience Principles are: (1) Not Just an IT Issue, (2) Legal Basis, (3) Adequate Attention on Agenda, (4) Accountability with Expertise, (5) Transparent,...

The Betting Gaming and Lotteries Commission (BGLC) is advising the public that its office, located at 78cef Hagley Park Road, Kingston 10, will be closed on Friday, December 15 to facilitate a staff event. Regular operations will resume on Monday, December 18, at 8:30 a.m. The BGLC apologises for any inconvenience resulting from the closure. The BGLC is the regulator...

Jamaicans are being encouraged to support a Yuletide telethon aimed at raising some $40 million on the Jamaica Social Stock Exchange (JSSE) to fund three ongoing projects. The JSSE, a subsidiary of the Jamaica Stock Exchange (JSE) is aiming to mobilise resources into the stock exchange for the funding of projects that are delivering socio-economic, environmental and cultural benefits for...

Tax Administration Jamaica (TAJ) is encouraging small and medium-sized tourism enterprises (SMTEs) to take advantage of its online services. Speaking at a recent business development information session hosted by the Tourism Enhancement Fund (TEF) at the Courtleigh Auditorium, Deputy Commissioner General, TAJ, Dave Jeffery, informed that up to 80 per cent of the services offered by the agency can be...

Cabinet Secretary, Audrey Sewell (second left), engages with General Secretary, Jamaica Civil Service Association (JCSA), Tifonie Powell Williams (second right), and Immediate Past President, JCSA, O'Neil Grant during the JCSA President’s luncheon held at the AC Hotel by Marriot Kingston in St. Andrew on December 7.  At left is President of the Association, Techa Clarke-Griffiths. The President's luncheon serves as...