Jamaican governor defends update of central bank act

bank-of-jamaica
Central Bank of Jamaica

The Bank of Jamaica governor has dismissed views that a bill aimed at making the central bank responsible for financial system stability will turn it into a "super-regulator".

Speaking on October 13, Brian Wynter said the claims were "false and misleading". The bill would equip the central bank with powers "relating to information gathering, monitoring and rule-making under the auspices of a statutory committee", but would not impinge on current supervisory framework.

"The purpose of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: