Opposition Member and St Catherine South Member of Parliament Fitz Jackson slammed the Bank of Jamaica on Wednesday over its alleged silence on myriad ills befalling depositors at the hand of banks. Explaining that tools such as the banking regulations he has proposed have crawled to be enacted while other benefiting banks have been swift, Jackson scolded the governor for not doing more to strike a balance.
In his defense the BOJ Governor, Richard Byles, told the Public Administration and Appropriations Committee (PAAC), that a Consumer Protection Act to help alleviate the problem is being drafted. More details in this report:
Watch more Stories: https://www.cvmtv.com/category/news/major-stories/
An illegal slaughterhouse was uncovered at Big Lane, Central Village, St. Catherine, around 7 AM…
The Court of Appeal has ruled in favour of the government regarding the tenure of…
Flow Jamaica is reporting severe vandalism that has disrupted services for numerous customers in the…
The Government of Jamaica has signed $36 billion in road network contracts and announced an…
The Independent Commission of Investigations (INDECOM) will provide oversight regarding the Mas Camp incident, which…
The Integrity Commission has submitted an investigation report and an indicative ruling from its director…