Senate Passes Bill to Combat Unlawful Financial Organisations
The Senate on Friday, December 13, passed the Securities (Amendment) Act, to combat the establishment and proliferation of unlawful financial organizations. In piloting the Bill, Minister of Justice, Hon. Mark Golding, said the Bill was drafted due to the urgent need for the Financial Services commission (FSC) to be equipped with adequate legislative powers to supervise and regulate the Jamaican securities...
