FSC Jamaica
Grade C
License facts
What it takes to hold this license, from the TrustFinance regulator database.
Requirements to get licensed
Main requirements
- Company's Articles of Incorporation: Founding materials of the company.
- Detailed Business Plan: Outlining key operating assets, market strategies, financial estimates, and risk management measures.
- Risk Control Plan: Detailing risk management strategies.
- Passport Details: Copies of passport details of shareholders, management, and other key personnel.
- Residence Registration Documents: For shareholders, executives, and important team members.
- Professional References: Demonstrating professionalism and experience in foreign exchange operations for senior staff.
- Criminal Record-Free Identification: Required for shareholders, management, and key executives.
- AML/CFT Compliance Materials: Detailing relevant corporate regulations.
About this regulator
The Financial Services Commission (FSC) in Jamaica is a key regulatory authority established to oversee and ensure the proper functioning of the country's financial services sector. Formed on August 2, 2001, by the Financial Services Commission Act, the FSC replaced earlier regulatory bodies including the Office of the Superintendent of Insurance and Unit Trusts, as well as the Securities Commission. The FSC's mandate covers a broad spectrum of financial services, excluding deposit-taking activities. It is responsible for regulating and supervising institutions involved in non-deposit-t...
Companies holding this license
Companies on record, each linking to its verification page.