Faster FSC approvals coming

The Financial Services Commission (FSC) is taking what chairman Oliver Jordan is calling “decisive action” to increase the speed, efficiency and transparency of its regulatory approvals.

The move comes as Jordan shared a warning from Prime Minister Mia Amor Mottley that Barbados’ status as the third-largest captive insurance jurisdiction in the Caribbean, and seventh globally, could be challenged by growing competition from Aberta, Canada.

Speaking at last week’s 2025 Barbados Risk and Insurance Management (BRIM) Conference...