The Jamaica Institute of Financial Services (JIFS) is dedicated to promoting sustainable business practices within the financial services sector. This Environmental, Social, and Governance (ESG) policy outlines our commitment to responsible operations, ethical leadership, and generating a positive societal impact …
This paper provides a comprehensive summary of the key discussions that took place on Wednesday, December 4, 2024, at the Terra Nova All Suite Hotel Jamaica, under the theme “Building Resilience: Securing the Future.” The seminar brought together leading experts …
Law enforcement agencies in the Caribbean have reported an uptick in financial crimes, including fraud schemes, in recent years. Fraud, like other crimes, is a continuously evolving phenomenon that reacts to local, regional, and/or international developments. It thrives during bad …
Suicide can be defined as an intentional self-inflicted death and is a significant cause of mortality globally. September is recognized as World Suicide Prevention Month, a time to raise awareness and foster meaningful dialogue around mental health. Recognizing the importance …
This report presents a detailed summary and analysis of the key presentations and discussions from the recent Anti-fraud seminar held on July 11, 2024. The seminar saw the congregation of industry experts, financial professionals, and security specialists to explore …
These Guidance Notes have been substantially revamped and updated to take account of the amendments to the to the AML/CFT laws in Jamaica, the passage of the United Nations Security Council Resolutions Implementation Act, the revised FATF 40 Recommendations and …
Organizations need leaders with learning agility in order to move ahead successfully in volatile times. But can you teach someone to be a more agile learner? We say yes and have identified the elements that will help someone increase learning …
This article explores the evolution of dynamic capabilities over the bank turnaround cycle from the perspective of the resource-based view of the firm. A longitudinal case study uncovered how National Commercial Bank Jamaica sensed threats, mobilized resources to seize the …
The Jamaica Institute of Financial Services (JIFS), as a part of its new mandate, conducted its second Compensation and Employee Benefits and Directors’ Fee surveys for 2015. These surveys are now available for purchase at a cost of $65,000+ GCT. …
In recent years, U.S. authorities have increased their scrutiny of financial institutions’ anti-money laundering controls. In light of this development, banks and other institutions have begun to reassess perceived or actual AML risk across their operation. The notion of how …