Financial Services Commission defends its capacity to effectively regulate financial entities

The Financial Services Commission (FSC) has defended its capacity to monitor and regulate effectively, the entities it oversees within the financial sector.

 

Concern has been raised about the ability of the FSC to keep an eye on players in the sector, in the wake of reports of fraudulent activity at investment company, Stocks and Securities Limited (SSL).

 

Responding to questions during a press conference this morning, FSC Executive Director Everton McFarlane said the commission has adequate legislative powers which are used to good effect.

 

He also noted that the FSC can prioritize and target the necessary manpower to areas of greatest risk, whenever an issue arises.

 

This is due to having an established framework for reporting.

 

 

He said the FSC has also been proactive by engaging with entities on a regular basis.

 

 

Authorities probing suspected fraud at Knox Community College; several employees placed on leave

The Financial Services Commission (FSC) has defended its capacity to monitor and regulate effectively, the entities it oversees within the financial sector.

 

Concern has been raised about the ability of the FSC to keep an eye on players in the sector, in the wake of reports of fraudulent activity at investment company, Stocks and Securities Limited (SSL).

 

Responding to questions during a press conference this morning, FSC Executive Director Everton McFarlane said the commission has adequate legislative powers which are used to good effect.

 

He also noted that the FSC can prioritize and target the necessary manpower to areas of greatest risk, whenever an issue arises.

 

This is due to having an established framework for reporting.

 

 

He said the FSC has also been proactive by engaging with entities on a regular basis.

 

 

Business and consumer confidence remain high

The Financial Services Commission (FSC) has defended its capacity to monitor and regulate effectively, the entities it oversees within the financial sector.

 

Concern has been raised about the ability of the FSC to keep an eye on players in the sector, in the wake of reports of fraudulent activity at investment company, Stocks and Securities Limited (SSL).

 

Responding to questions during a press conference this morning, FSC Executive Director Everton McFarlane said the commission has adequate legislative powers which are used to good effect.

 

He also noted that the FSC can prioritize and target the necessary manpower to areas of greatest risk, whenever an issue arises.

 

This is due to having an established framework for reporting.

 

 

He said the FSC has also been proactive by engaging with entities on a regular basis.

 

 

Opposition concerned about failure of FSC to provide adequate oversight of financial companies

The Financial Services Commission (FSC) has defended its capacity to monitor and regulate effectively, the entities it oversees within the financial sector.

 

Concern has been raised about the ability of the FSC to keep an eye on players in the sector, in the wake of reports of fraudulent activity at investment company, Stocks and Securities Limited (SSL).

 

Responding to questions during a press conference this morning, FSC Executive Director Everton McFarlane said the commission has adequate legislative powers which are used to good effect.

 

He also noted that the FSC can prioritize and target the necessary manpower to areas of greatest risk, whenever an issue arises.

 

This is due to having an established framework for reporting.

 

 

He said the FSC has also been proactive by engaging with entities on a regular basis.

 

 

STATIN says administrative and staffing issues led to delay in completion of 2022 census

The Financial Services Commission (FSC) has defended its capacity to monitor and regulate effectively, the entities it oversees within the financial sector.

 

Concern has been raised about the ability of the FSC to keep an eye on players in the sector, in the wake of reports of fraudulent activity at investment company, Stocks and Securities Limited (SSL).

 

Responding to questions during a press conference this morning, FSC Executive Director Everton McFarlane said the commission has adequate legislative powers which are used to good effect.

 

He also noted that the FSC can prioritize and target the necessary manpower to areas of greatest risk, whenever an issue arises.

 

This is due to having an established framework for reporting.

 

 

He said the FSC has also been proactive by engaging with entities on a regular basis.

 

 

Jamaica seeing major reduction in murders so far this year

The Financial Services Commission (FSC) has defended its capacity to monitor and regulate effectively, the entities it oversees within the financial sector.

 

Concern has been raised about the ability of the FSC to keep an eye on players in the sector, in the wake of reports of fraudulent activity at investment company, Stocks and Securities Limited (SSL).

 

Responding to questions during a press conference this morning, FSC Executive Director Everton McFarlane said the commission has adequate legislative powers which are used to good effect.

 

He also noted that the FSC can prioritize and target the necessary manpower to areas of greatest risk, whenever an issue arises.

 

This is due to having an established framework for reporting.

 

 

He said the FSC has also been proactive by engaging with entities on a regular basis.

 

 

Financial Services Commission appoints special auditor for SSL amidst multi-million-dollar fraud probe

The Financial Services Commission (FSC) has defended its capacity to monitor and regulate effectively, the entities it oversees within the financial sector.

 

Concern has been raised about the ability of the FSC to keep an eye on players in the sector, in the wake of reports of fraudulent activity at investment company, Stocks and Securities Limited (SSL).

 

Responding to questions during a press conference this morning, FSC Executive Director Everton McFarlane said the commission has adequate legislative powers which are used to good effect.

 

He also noted that the FSC can prioritize and target the necessary manpower to areas of greatest risk, whenever an issue arises.

 

This is due to having an established framework for reporting.

 

 

He said the FSC has also been proactive by engaging with entities on a regular basis.

 

 

NCB wealth advisor charged in US $143,000 fraud

The Financial Services Commission (FSC) has defended its capacity to monitor and regulate effectively, the entities it oversees within the financial sector.

 

Concern has been raised about the ability of the FSC to keep an eye on players in the sector, in the wake of reports of fraudulent activity at investment company, Stocks and Securities Limited (SSL).

 

Responding to questions during a press conference this morning, FSC Executive Director Everton McFarlane said the commission has adequate legislative powers which are used to good effect.

 

He also noted that the FSC can prioritize and target the necessary manpower to areas of greatest risk, whenever an issue arises.

 

This is due to having an established framework for reporting.

 

 

He said the FSC has also been proactive by engaging with entities on a regular basis.

 

 

St. Catherine South police name 5 POIs in relation to recent murders

The Financial Services Commission (FSC) has defended its capacity to monitor and regulate effectively, the entities it oversees within the financial sector.

 

Concern has been raised about the ability of the FSC to keep an eye on players in the sector, in the wake of reports of fraudulent activity at investment company, Stocks and Securities Limited (SSL).

 

Responding to questions during a press conference this morning, FSC Executive Director Everton McFarlane said the commission has adequate legislative powers which are used to good effect.

 

He also noted that the FSC can prioritize and target the necessary manpower to areas of greatest risk, whenever an issue arises.

 

This is due to having an established framework for reporting.

 

 

He said the FSC has also been proactive by engaging with entities on a regular basis.

 

 

PM Andrew Holness says his administration has significantly increased manpower in the security forces

The Financial Services Commission (FSC) has defended its capacity to monitor and regulate effectively, the entities it oversees within the financial sector.

 

Concern has been raised about the ability of the FSC to keep an eye on players in the sector, in the wake of reports of fraudulent activity at investment company, Stocks and Securities Limited (SSL).

 

Responding to questions during a press conference this morning, FSC Executive Director Everton McFarlane said the commission has adequate legislative powers which are used to good effect.

 

He also noted that the FSC can prioritize and target the necessary manpower to areas of greatest risk, whenever an issue arises.

 

This is due to having an established framework for reporting.

 

 

He said the FSC has also been proactive by engaging with entities on a regular basis.