2021-01-01
The Bank of Jamaica issued its 2025 supervision priorities, finalizing revised corporate governance standards for deposit-taking institutions and financial holding companies while advancing a consultation on customer complaint resolution. The regulator proposed enhanced liquidity coverage ratio thresholds and a consolidated capital adequacy framework to strengthen financial resilience and group-level oversight. Key initiatives included progressing a national electronic know-your-customer framework and finalizing the third National Risk Assessment to support upcoming FATF mutual evaluations.