Framework For Regulatory Sandbox Established

Framework For Regulatory Sandbox Established

The Central Bank of Barbados (CBB) and the Financial Services Commission (FSC) recognize that “Fintech” innovation could play a critical role in safely lowering the costs of financial transactions, while offering more efficient services to consumers, without...
Credit Unions Urged To Maintain Standards

Credit Unions Urged To Maintain Standards

With the Financial Services Commission (FSC) currently conducting a comprehensive review of all FSC enabling legislation, to ensure a risk-based supervisory framework for the non-bank financial sector, credit unions are being urged to maintain established standards....
Concerns About CLICO’s Restructuring Pace

Concerns About CLICO’s Restructuring Pace

Government is very concerned about the pace at which CLICO’s restructuring process is taking place. Minister of Finance, Christopher Sinckler, expressed those concerns while delivering an address at the Domestic Financial Institutions Conference today at the Lloyd...

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