The Jamaica Financial Services Commission (FSC) hosted the Chief Executive Officer of the Trinidad and Tobago Securities Commission (TTSEC) for discussions aimed at strengthening regional collaboration in securities regulation and capital markets development, including exploring avenues to harmonise regulatory approaches and foster greater market integration across the Caribbean. The meeting brought together FSC Executive Director Lieutenant Colonel Keron Burrell and TTSEC CEO Kester Guy and covered shared priorities such as policy development and standard setting, the FSC’s plans to build regional capacity during its tenure as Chair of the Caribbean Group of Securities Regulators (CGSR), and updates on Jamaica’s transition to the Twin Peaks regulatory model focused on market conduct and consumer protection. Discussions also included Jamaica’s legislative framework for Virtual Asset Services Providers (VASPs) and the provision of technical guidance to support Trinidad and Tobago in developing its VASP framework. The FSC also indicated it is planning the next CGSR annual meeting scheduled for July 2025; the FSC chairs the CGSR for 2024–2026.
Jamaica Financial Services Commission 2025-02-26
Jamaica Financial Services Commission hosts Trinidad and Tobago Securities Commission CEO to deepen regional cooperation on Twin Peaks and virtual asset regulation
The Jamaica Financial Services Commission (FSC) and the Trinidad and Tobago Securities Commission (TTSEC) discussed enhancing regional collaboration in securities regulation and capital markets development. Key topics included harmonizing regulatory approaches, building regional capacity, and updates on Jamaica's transition to the Twin Peaks regulatory model. The FSC also provided guidance on Virtual Asset Services Providers (VASPs) and plans to host the next Caribbean Group of Securities Regulators meeting in July 2025.