Financial regulators globally previously utilised traditional supervisory approaches to market regulation which focused on a Rules-Based System of control. This approach also known as Principles or Compliance-Based Supervision, is “a method of regulation which involves checking for and enforcing compliance with rules – legislation, regulations or policies – that apply to an entity” (as defined by the Financial Services Commission of Barbados).
Read more here—> Risk Based Supervision
We are excited to share our newly redesigned corporate website with you. This updated platform is part of our ongoing efforts to improve your experience and make information more accessible. As we transition to the new design, some content may not be fully visible at this time. We sincerely apologise for any inconvenience and appreciate your patience as we continue to update and enhance the website in the coming days.
Thank you for visiting, and we look forward to providing you with an enhanced online experience