To contact Securities Division:

Phone: 876-906-3010

Fax: 876-906-3018

Email: securities@fscjamaica.org

 

Legislation: -

·           Financial Services Commission Act

·           The Securities Act, 1993

·           Amendment to the Securities Act, 2001

·           The Unit Trust Act

·           Amendment to the Unit Trust Act, 2001

 

 

Registration: -

·           Licensing Requirements

·           Fit and Proper Questionnaire

 

Information and Reports:-

·           Collective Investment Scheme (CIS)

·           CIS Recommendations

·           C1 Notes

·           C1 Revised

·           Management Discussions and Analysis

·           Guidelines to issuers of Securities

·           Dealer Filing

 

·           List of Licensed Dealers

Securities - Licensing Requirements
Text Box:

Legal Information | Policy Statement

@ copyright 2003 Financial Services Commission of Jamaica, All rights reserved

Financial Services Commission | 39-43 Barbados Ave, Kingston 5, Jamaica WI. |Tel : (876) 906-3010, Fax (876) 906-3018

Email : Inquiry@fscjamaica.org

 
Text Box: Office Home

       Financial Services Commission

of Jamaica 

               

The Securities Act requires individuals or companies wishing to enter the securities industry as dealers, investment advisers or their representatives, to be licensed by the Financial Services Commission.

 

Under Section 2(1) of the Act, a dealer is a person who carries on the business of dealing in securities, whether as principal or agent. Basically, dealing in relation to securities under the Act, means acquiring, disposing of, subscribing for or underwriting securities, or making or offering to make, or inducing or attempting to induce a person to make or offer to make, an agreement regarding securities.

 

On the other hand, an investment adviser is a person who carries on an investment advice business, which means advising persons regarding investing in or the buying or selling of securities. Under the Act, dealers and investment advisers are licensed, while their representatives are registered.

 

In considering the qualifications to be met by persons applying to be licensed as dealers or investment advisers and to be registered as Representatives, the Commission had to establish educational and financial criteria to be satisfied by all applicants. These have been formulated and are embodied in the Securities (Licensing and Registration) Regulations, 1996 which were approved by the Honourable Minister of Finance on the 15th May, 1996 and published in the Jamaica Gazette on the 20th May, 1996.

 

¨          Educational Requirements

¨          Approved Securities Course

¨          Financial Requirements

¨          Registration Checklist and Forms