Financial Services Commission

Effective Monday December 21st 2011, the offices of the Financial Services Commission (FSC) will be relocated to Bay Corporate Building on Bay Street, St. Michael. Please see notice for additional information. The Financial Services Commission is cognisant of the developments related to COVID-19, the national response to the pandemic, and the poten... tial impact on the non-bank financial sector and its customers. Please see circulars for information on the Commissions response in respect of its operations and that of regulated entities. The Financial Services Commission (FSC) is an integrated regulatory body, established on April 1st, 2011 by virtue of the Financial Services Commission Act (2010). We are responsible for supervising and regulating non-bank financial institutions in Barbados, particularly those entities licensed or registered under the following Acts of Parliament: FSCs main functions include those previously discharged by the former Securities Commission, Supervisor of Insurance and Pensions, and the Co-operatives Department, in so far as it relates to credit unions. The organisation is therefore responsible for: Establishing standards for institutional strengthening, for the control and management of risk in the financial services sector and for the protection of consumers and creditors of financial institutionsRead More