Jamaica’s commitment to develop its International Financial Services sector was discussed at the Jamaica International Financial Services Authority (JIFSA) Seminar in Kingston, Jamaica. The Seminar focused on three pieces of enabling legislation:
- The Partnership (Limited) Act;
- The Partnership (General) Act; and
- The International Corporate and Trust Services Providers Act.
The Government believes that significant revenue can be generated from licensing, permit and registration fees as well as job creation from the development of International Financial Services.