THE AVERAGE CLAUSE

THE AVERAGE CLAUSE As the 2023 Hurricane Season approaches, it is important to remember the AVERAGE CLAUSE  as it applies to Coverage. AVERAGE CLAUSE EXPLAINED 2021

STATEMENT BY THE FINANCIAL POLICY COMMITTEE

NEWS RELEASESTATEMENT BY THE FINANCIAL POLICY COMMITTEEON THE IMPLICATIONS OF RECENT INTERNATIONAL BANK FAILURES FOR THEDOMESTIC FINANCIAL SECTOR BANK OF JAMAICA NEWS RELEASE  

BANK OF JAMAICA INCREASES CASH RESERVE REQUIREMENTS AND MAINTAINS POLICY RATE

Summary of Monetary Policy Discussion and Decision – February 2023 At its meeting on 16 and 17 February 2023, the Monetary Policy Committee (MPC) unanimously decided to increase by one percentage point (pp) the domestic and the foreign currency Cash Reserve Requirements (CRRs) applicable to deposit-taking institutions (DTIs), effective 01 April 2023. This decision represents […]

IAJ 2022 YEARBOOK

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