Who We Are
The Financial Services Commission (FSC) is an integrated regulatory body, established on April 1st, 2011 by virtue of the Financial Services Commission Act (2010). We are responsible for supervising and regulating non-bank financial institutions in Barbados, particularly those entities licensed or registered under the following Acts of Parliament:
- Insurance Act, Cap. 310
- Occupational Pension Benefits Act, Cap. 350B
- Securities Act, Cap. 318A
- Mutual Funds Act, Cap. 320B
- Co-operatives Societies Act, Cap. 378A (as it relates to the services provided by a credit union)
FSC’s main functions include those previously discharged by the former Securities Commission, Supervisor of Insurance and Pensions, and the Co-operatives Department, in so far as it relates to credit unions. The organisation is therefore responsible for:
- Administering specified enactments, including the licensing or registering of financial institutions
- Supervising and regulating the operation of financial institutions
- Establishing standards for institutional strengthening, for the control and management of risk in the financial services sector and for the protection of consumers and creditors of financial institutions
- Promoting stability, public awareness and public confidence in the operations of financial institution
NOTICES:
- The Financial Services Commission is currently engaging with registrants and licensees to facilitate sign-up to the E-File IT (https://efileit.fsc.gov.bb/Account/Login.aspx) platform. In the coming months, entities should expect related calls; emails, and registration notifications from the Commission. Queries can be directed to Consultant, Ms. Donna Allman at 421-2142 Ext. 4402 or via email at This email address is being protected from spambots. You need JavaScript enabled to view it..
- We have moved. Please ensure that your records are up-to-date. Our new mailing address is:
Bay Corporate Building, Bay Street, St. Michael Barbados BB14038.