The Financial Services Commission oversees several key sectors that support the strength, stability, and transparency of Barbados’ non-bank financial system. Each division plays a vital role in safeguarding consumers, supervising licensed entities, and ensuring compliance with national and international standards. Explore the areas we regulate below.
The Insurance Division is responsible for the supervision and regulation of insurance business conducted in or from within Barbados, as authorised by the Financial Services Commission Act, 2010-21; and the Insurance Act, Cap. 310.
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The Credit Unions Division’s primary role is to regulate the local credit union sector, helping to foster an enabling environment that bolsters member confidence and encourages a safe and sound financial system.
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The Securities Division undertakes the regulation of the capital market and investment fund industry in Barbados under the Securities Act and Mutual Funds Act, respectively.
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The Pensions Division is directly responsible for the supervision of occupational pension plans registered and regulated by FSC, under the Occupational Pension Benefits Act (OPBA).
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