The Jamaica Deposit Insurance Corporation (JDIC) says it will be looking to establish newer protection schemes to minimise the potential occurrence and impact of financial crises.
The public body during the fiscal year 2024/25 will also be looking to implement protection schemes for non-deposit-taking financial institutions, financial consumer protection, and financial inclusion strategies.
The JDIC is also exploring targeted engagements to minimise the occurrence and impact of financial crises, including liquidity, capital adequacy, crises management, and effective resolution frameworks for financial institutions.
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