Tag: Financial Services Commission
FSC shut out of BL&P rate hearing
The High Court has denied the Financial Services Commission’s (FSC) application to intervene and make submissions in the electricity rate hearing matter.It means that...
Financial sector now $30.3b
Barbados now has a $30.3 billion financial sector.The 2024 Financial Stability Report (FSR) published by the Central Bank of Barbados and Financial Services Commission...
Tackling cyber risks
Financial institutions and their regulators are worried about the major cyber attacks they are facing, often times daily.Cyber risk is one of the major...
FSC head urges unified approach to insurance reform
Chief Executive Officer of the Financial Services Commission (FSC) Warrick Ward has called for a more collaborative and forward-looking approach to insurance regulation as...
Credit unions get ease
CREDIT UNIONS in Barbados are getting a regulatory ease from the Financial Services Commission (FSC).The FSC has issued a circular announcing its establishment of...
Thorne: High level of solvency needed
Opposition Leader Ralph Thorne has reiterated the importance of insurance companies maintaining a high level of solvency, sufficient to meet its obligations to policy-holders.Speaking...