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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

The Government is pursuing the creation of a “twin peaks model” of financial sector supervision and regulation, which is being programmed for implementation within 18 to 24 months. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke,...

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: 'Capital Markets Redefined : Achieving the Impossible'

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

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

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Do Business this Month-end Saturday

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...

2023 Lasco Top Cop, Woman Constable Jayann Raymond, receives a cheque for $150,000 from Executive Chairman of Lasco Affiliated Companies, James Rawle. Occasion was the LASCO/Jamaica Constabulary Force (JCF) ‘Saluting Our Heroes’ awards ceremony held on Friday (Oct. 20) at the AC Marriott Hotel in New Kingston.

3 years ago Finance & Public ServiceNational Security and Peace

PHOTOS: Woman Constable Jayann Raymond is LASCO/JCF Top Cop

2023 Lasco Top Cop, Woman Constable Jayann Raymond, receives a cheque for $150,000 from Executive Chairman of Lasco Affiliated Companies, James Rawle. Occasion was the LASCO/Jamaica Constabulary Force (JCF) ‘Saluting Our Heroes’ awards ceremony held on Friday (Oct. 20) at the AC Marriott Hotel in New Kingston.

3 years ago Finance & Public ServiceOffice of the Prime Minister

Statement from Prime Minister Andrew Holness on the Fraudulent Activity at Stocks and Securities Limited (SSL)

This morning I received a general briefing from the Minister of Finance and the Public Service, representatives of the Financial Services Commission and Financial Investigations Division, the Commissioner of Police, and the Attorney General’s Department, on allegations of significant fraud which is of national concern, at Stocks and Securities Limited, a non-bank financial institution. This briefing was important to properly...