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Minister of Finance and Planning, Dr. the Hon. Peter Phillips, says that the regulatory measures implemented by the Government coming out of the financial crisis of the 1990s, have resulted in “phenomenal growth in size and assets” of the securities sector in Jamaica. “As at December 2002 … there were 26 securities firms with funds under management amounting to $148...

Executive Director of the Financial Services Commission (FSC), Janice Holness, says that the impact of globalization on emerging economies has dictated the need to develop efficient regulatory regimes that can provide vital investor protections. She said that these regulatory regimes should seek to ensure that investors’ interests are promoted through the provision of high quality, reliable, sustainable and sensible regulation....