A s the financial markets in the Caribbean continue to deepen, there is concern that the rules and regulations aren't evolving fast enough to keep up with the dynamic nature of dealings by insiders in a company. As per Investopedia, insider trading involves trading in a public company's stock by

Boutique financial firm MoneyMasters is arranging $3 billion of private money, designated for Montego Bay property developments. The company led by President Claudette Crooks is partnering with Concept Homes Limited, a real estate developer operating in western Jamaica, and already has one project in the bag in Montego Bay. “After

Food and financial conglomerate GraceKennedy Limited has paid over $637.7 million for the acquisition of Scotia Insurance Eastern Caribbean Limited, SIECL, but has a second payment of $476 million to meet next October. The disclosure of the payments, amounting to more than $1.1 billion, comes at the completion of the

Sagicor Group Jamaica recently received regulatory approval to start operations in the Cayman Islands, on the heels of a historic quarterly earnings of more than $8 billion that outclassed even the top profit maker. “Our Cayman investment company finally got its licence this year and is ramping up. We are

The areas which the Proceeds of Crime Act (POCA) can target are being broadened to increase the prosecution of money laundering offences among certain professional groups. Financial Investigations Division (FID) Chief Technical Director Selvin Hay, who made the disclosure about targeting certain professional groups, did not identify the targets. However,

pension industry quarterly statistics for June 2016 and June 2021 shows several positive developments. Coverage of the employed labour force in June 2021 was 11.56 per cent, up from 9.06 per cent in June 2016, which itself was lower than the 9.08 per cent in June 2015, while the

The Financial Services Commission (FSC ) indicates in its latest report on a sector comprising 29 securities dealers that assets have grown by 16.8 per cent as at June 30, 2021. For the sector whose primary business is dealing in securities, the aggregate balance sheet assets as at the end

Pricing is now available for the much-anticipated Ruthven Towers apartments completed by the National Housing Trust (NHT) on Ruthven Road in Half-Way-Tree, St Andrew. After a decade of planning, the NHT — which is the island's biggest housing supplier — has concluded phase one of the apartment complex, comprising 14

Policymakers, over the years, have been operating at cross purposes by expanding the built environment at significant damage and cost to the environment, according to the executive director of the Mona GeoInfomatics Institute at The University of the West Indies, Mona, Dr Parris Lyew-Ayee Jr. He told The Gleaner that

Guyanese commercial banks are protesting a proposal by the Bank of Guyana (BOG) for service fees to be the same across the board. Reports by the Starbroek newspaper indicate that the BOG has begun industry consultations on service fees, including a standard GUY$50 fee for automated teller machine (ATM) withdrawals