Regulatory Alerts2023-02-26
Added · Updated
Recommended Financial Disclosure Standard for Securities Dealers
The Financial Services Commission of Jamaica issued this discussion paper to propose a minimum financial disclosure standard for securities dealers engaging in balance sheet intermediation. The recommended best practice requires dealers to make audited annual and unaudited quarterly financial statements, along with Management Discussion and Analysis reports, readily available to all clients. This initiative aims to enhance market discipline and enable investors to better assess the liquidity and interest rate risks associated with repurchase agreements.
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