Regulatory Alerts2024-05-07
Added · Updated
Reliance on Fit and Proper Documents
The Financial Services Commission of Jamaica is discontinuing a pandemic-era policy that extended the reliance period for fit and proper documents from five to seven years. This two-year extension previously applied to registrants, licensees, and specified persons whose compliance documents expired between 2020 and March 31, 2023. The extension will cease to apply effective July 31, 2024, requiring all affected entities to submit updated fit and proper assessments by that deadline.
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