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Topic: Business
Number of pages / Number of words: 24 / 6703
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These Alternative/Informal Investment Schemes are for the most part operating outside the regulatory environment prescribed by the Bank of Jamaica (BOJ) and the Financial Services Commission of Jamaica (FSC). Sufficient information is not available about the nature and principals of these schemes that are offering astoundingly high interest rates (of up to 15% per month) to investors in Jamaica...


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Sufficient information is not available about the nature and principals of these schemes that are offering astoundingly high interest rates (of up to 15% per month) to investors in Jamaica.

The popularity of these schemes has not only caught the eye of the regulatory bodies namely the Bank of Jamaica and The Financial services Commission but also mainstream financial institutions as well...


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