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Prime Minister, the Most Hon. Andrew Holness, delivers the keynote address at the opening of the 18th Jamaica Stock Exchange (JSE) Investment and Capital Markets Conference, at The Jamaica Pegasus hotel in New Kingston, on January 24. The conference was held from January 24 to 26 under the theme — Prime Minister, the Most Hon. Andrew Holness, delivers the keynote address at the opening of the 18th Jamaica Stock Exchange (JSE) Investment and Capital Markets Conference, at The Jamaica Pegasus hotel in New Kingston, on January 24. The conference was held from January 24 to 26 under the theme 'Capital Markets Redefined: Achieving the Impossible'.

Emphasis on Resilience Expected to Safeguard Country Against Future Shocks

Government’s programmed mainstreaming of resilience in its activities is expected to aid significantly in safeguarding Jamaica against future shocks. Prime Minister, the Most Hon. Andrew Holness, notes that resilience has been and is being incorporated in the development and upgrade...

Chairman of the Financial Services Commission (FSC), Richard Byles (left, head of table) convenes a meeting of the FSC board and Executive Director-designate, Major Keron Burrell (right, head of table), with managers of the FSC, at the entity’s New Kingston offices on Thursday (January 26). Mr. Byles was appointed to chair the FSC’s new eight-member board effective January 23. The new Board’s responsibilities include overseeing the current interventions at Stocks and Securities Limited (SSL), including formalising Mr. Burrell’s appointment, establishing a mechanism to review the FSC’s approach to the SSL case to identify any gaps or constraints, and assessing the status of other licensees and determining whether there are concerns or potential concerns in respect of companies in the securities industry.

PHOTOS: Richard Byles Convenes Meeting of FSC Board with Managers

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, delivering a Financial Sector Regulation Policy Address at the Ministry of Foreign Affairs and Foreign Trade in downtown Kingston, on Monday (January 23).

Gov’t Pursuing Twin Peaks Regulatory Model for Financial Sector

Governor of the Bank of Jamaica (BOJ), Richard Byles, addresses the 18th Jamacia Stock Exchange (JSE) Investment and Capital Markets Conference at The Jamaica Pegasus hotel in New Kingston, on Wednesday (January 25).

BOJ Equipped for Enlarged Role – Byles

Prime Minister, the Most Hon. Andrew Holness, delivers the keynote address during the opening ceremony for the 18th Jamaica Stock Exchange (JSE) Investment and Capital Markets Conference at the Jamaica Pegasus Hotel in New Kingston, on Monday (January 24). The conference is being held from January 24 to 26 under the theme: — Prime Minister, the Most Hon. Andrew Holness, delivers the keynote address during the opening ceremony for the 18th Jamaica Stock Exchange (JSE) Investment and Capital Markets Conference at the Jamaica Pegasus Hotel in New Kingston, on Monday (January 24). The conference is being held from January 24 to 26 under the theme: 'Capital Markets Redefined : Achieving the Impossible'

Gov’t Will Not Bail Out Failed Financial Institutions – PM

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Prime Minister, the Most Hon. Andrew Holness, delivers the keynote address during the opening ceremony for the 18th Jamaica Stock Exchange (JSE) Investment and Capital Markets Conference at The Jamaica Pegasus hotel in New Kingston, on Tuesday (January 24). The conference is being held from January 24 to 26, under the theme

3 years ago Finance & Public Service

Global Dimension of Alleged Fraud at SSL Must Be Carefully Managed – PM

The Government is aware that the case of alleged fraud being investigated at Stocks and Securities Limited (SSL) has a global dimension that must be carefully managed, says Prime Minister, the Most Hon. Andrew Holness. “I’m not aware of any systemic issues in the financial system that could cause contagion but, certainly, if actors in the sector or the common...

3 years ago Finance & Public Service

Do Business this Month-end Saturday

Tax Administration Jamaica (TAJ) is reminding the public that it will open select Tax Offices this Saturday January 28, 2023, and every last Saturday of the month for the remainder of the 2022/23 financial year. The following Tax Offices will operate this Saturday between the hours of 10:00 am – 2:00 pm: • St. Andrew (Constant Spring) • Montego Bay...

Universal Service Fund (USF) Communications Officer, Timothy Simmonds (second left) and Member of Parliament, St. Catherine Eastern, Denise Daley (second right), use a mobile phone to access the Internet. Occasion was the launch of a free secured community Wi-Fi hotspot in China Town, St. Catherine, on January 24. Looking on (from left) are community representative Z

3 years ago Finance & Public Service

PHOTOS: China Town Wi-Fi Launch

Universal Service Fund (USF) Communications Officer, Timothy Simmonds (second left) and Member of Parliament, St. Catherine Eastern, Denise Daley (second right), use a mobile phone to access the Internet. Occasion was the launch of a free secured community Wi-Fi hotspot in China Town, St. Catherine, on January 24. Looking on (from left) are community representative Z'Janae Barrett and Deputy Superintendent...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, delivers a Financial Sector Regulation Policy Address at the Ministry of Foreign Affairs and Foreign Trade in downtown Kingston, on Monday (January 23).

3 years ago Finance & Public Service

Securities Industry Remains Strong – Finance Minister

Jamaica’s securities industry remains a strong and critical pillar upon which the country, economy and the investing public depend, Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, has said. He notes that information from the Financial Services Commission (FSC) indicates that there are 38 licensed security dealers operating in Jamaica, with assets under management exceeding $1.45...

Bank of Jamaica (BOJ) Governor, Richard Byles.

3 years ago Finance & Public Service

Richard Byles Appointed to Chair FSC Board

Bank of Jamaica (BOJ) Governor, Richard Byles, has been appointed Chairman of the newly constituted Financial Services Commission (FSC) Board, effective Monday (January 23). This was announced by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, during a Financial Sector Regulation Policy Address at the Ministry of Foreign Affairs and Foreign Trade in downtown Kingston on...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaking during a policy address on the financial sector on Monday (January 23) at the Ministry of Foreign Affairs and Foreign Trade in downtown Kingston.

3 years ago Finance & Public Service

Stiffer Penalties Coming for Breaches of Financial Laws

The Government is moving to review several pieces of financial sector legislation to apply more stringent penalties for breaches. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, made the disclosure during a policy address on the financial sector held on Monday (January 23) at the Ministry of Foreign Affairs and Foreign Trade in downtown Kingston. Dr....

Prime Minister, the Most Hon. Andrew Holness

3 years ago Finance & Public ServicePrime Minister

PM Pledges to Uncover Extent of Fraud at SSL

Prime Minister, the Most Hon. Andrew Holness, says no effort will be spared in uncovering the full extent of fraudulent activity at Stocks and Securities Limited (SSL) and bringing the perpetrators to justice. The Prime Minister gave this undertaking in a statement on Friday (Jan. 20), where he said he was upset and disgusted at the revelations. Mr. Holness, who...