Regulatory Alerts2019-01-01
Central Bank of Barbados Administrative Statement - issued February 8, 2019
The Central Bank of Barbados issued an administrative statement on February 8, 2019, restricting licensed entities grandfathered under the International Financial Services Act. Effective January 1, 2019, these licensees are prohibited from engaging in any new lines of business while the current regulatory regime remains in force. This restriction applies until the regime expires on June 30, 2021.
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