The Opposition People’s National Party is calling on Finance Minister Fayval Williams to appoint the Appeal Tribunal of the Financial Services Commission (FSC).
The Appeal Tribunal plays a pivotal role in ensuring accountability and transparency in the financial services sector.
It provides a forum for individuals and entities aggrieved by FSC decisions to have their grievances heard and addressed.
Spokesman on Finance, Julian Robinson says this critical body established under Section 19 of the FSC Act has been absent since the expiration of the last Tribunal’s tenure in 2023.
Mr. Robinson points out that appellants have been without recourse for over a year.
According to the spokesman, the failure to appoint a new Tribunal represents a glaring breakdown in the Government’s responsibilities to businesses and investors.