The Jamaica International Financial Services Authority (JIFSA) was established by statute in 2011 to market and promote Jamaica as a jurisdiction for international financial and business services. JIFSA’s mandate is centred on stimulating economic growth and encouraging investments within the Jamaican economy. JIFSA will encourage multinationals to establish entities in Jamaica which will provide financial and business services toContinue reading “Jamaica International Financial Services Authority”
Author Archives: Devin Brown
Senator the Honourable Aubyn Hill
Minister Aubyn Hill has over 35 years of working experience in the private sector. As an international banker, he has lived in nine countries and done business in more than 125. With a MBA from Harvard Business School, Senator Hill spent 21 years as a banker in the Middle East. Starting in 2002, he alsoContinue reading “Senator the Honourable Aubyn Hill”
Food Storage and Prevention of Infestation Division
Established in 1958, the Food Storage and Prevention of Infestation Division (FSPID) undertakes the Government’s programme of surveillance and regulation of the food (including animal feed) industry. Under the Food Storage and Prevention of Infestation Act (1958), Regulations (1973) and Amendments (2019), the FSPID’s core mandate surrounds the safety and wholesomeness of all food entering commerce inContinue reading “Food Storage and Prevention of Infestation Division”
Department of Cooperatives and Friendly Societies
The Department has the responsibility for administering the Co-operative Societies Act; the Friendly Societies Act; the Industrial and Provident Act; the Agricultural Loan Societies and Approved Organizations and their respective Regulations and is designated Charities Authority under the Charities Act 2013. Its objectives are to facilitate the establishment of Registered Charitable Organizations; Co-operative Societies; SocietiesContinue reading “Department of Cooperatives and Friendly Societies”
Office of the Government Trustee
The vision of the Office is to be the premier provider of insolvency administration services in Jamaica. Mission Statement To provide a comprehensive and efficient insolvency administration service that adheres to international standards and best practices, aimed at assisting debtors to become financially stable through the proficient administration of their affairs, the satisfaction of theirContinue reading “Office of the Government Trustee”
Office of the Supervisor of Insolvency
The Office of the Supervisor of Insolvency (OSI), a department under the Ministry of Industry, Investment & Commerce, has two main roles: In carrying out its mandate, the OSI contributes to national growth by ensuring the existence of an efficient regime for insolvency administration thereby promoting investors’ confidence in the economy. Mission To regulate theContinue reading “Office of the Supervisor of Insolvency”
Hazardous Substances Regulatory Authority (HSRA)
The HSRA has the responsibility for administering the Nuclear Safety and Radiation Protection Act, 2015 and Regulations 2019. The Act applies to: possession, acquisition, production, manufacture, processing, transfer, development, handling, storage, import, export or disposal of natural and artificial radioactive material, nuclear material, ionizing radiation apparatus and devices emitting ionizing radiation. The Act also applies to construction of facilitiesContinue reading “Hazardous Substances Regulatory Authority (HSRA)”
The Office of the Supervisor of Insolvency
Access Productive Inputs Relief (PIR)
The Ministry’s Industry Division facilitates the development of manufacturing and services industries through policy and research, to increase their economic impact, including employment opportunities and GDP growth. One of the outcomes for any size manufacturing outfit is accessing Productive Inputs Relief (PIR). PIR Manufacturing Special Permits system provides for benefiting manufacturing companies to receive duty-freeContinue reading “Access Productive Inputs Relief (PIR)”
Administration in Bankruptcy
Administration in bankruptcy is a service offered by the Ministry of Industry, Investment and Commerce’s external department, the Office of the Government Trustee (OGT). The OGT provides support to Jamaicans to ensure fairness in business and consumer empowerment and protection with a low-cost solution for insolvency administration. The Department must be appointed by the SupervisorContinue reading “Administration in Bankruptcy”
