The measures mandated by the Financial Action Task Force, FATF, and its regional arm, while meant to keep constrain illicit financing of terrorists and other schemes, is now putting undue burden on non-profit operations that could drive then into the

Jamaica is set to tighten oversight of money flows by year end through amendments to the Proceeds to Organised Crime Act and the Terrorist Prevention Act.

However, the timeline for the passage of legislation to police microlenders is not as certain.

The

Many of the jobs currently being created in the Jamaican economy are comparable to the same low value-added ones produced two decades ago, according to the governor of the Bank of Jamaica, the BOJ.

“Thank goodness for them because they are