Regulatory Alerts2023-02-07
Added · Updated
Guidelines Standard of Conduct for Service Providers
The Financial Services Commission of Jamaica issued these guidelines under the Trust and Corporate Services Providers Act, 2017, to establish minimum standards of conduct for trust and corporate service providers. The document mandates robust governance, integrity, confidentiality, and competence frameworks while requiring strict segregation of client assets and transparent conflict of interest management. It further regulates client onboarding, outsourcing arrangements, advertising practices, and the cessation of services to ensure fair treatment and regulatory compliance within the industry.
Topics
Share