Press Releases

November 5, 2018 – November 2, 2018: Appointment of Deputy Managing Director The Financial Services Commission is pleased to announce the appointment of Mrs Kenisha Bacchus as Deputy Managing Director with effect from 1 November 2018.

November 2, 2018: Appointment of Administrator for Hallmark The Financial Services Commission advises that MasterCard has suspended aspects of Hallmark Trust Limited’s card operation. MasterCard branded credit cards, secured and unsecured, were suspended; Hallmark’s...

July 7, 2017: Technical Issue with Telephone Lines at Grand Turk Office We regret to inform the General Public that the Grand Turk Office of the Financial Services Commission is currently experiencing some Technical Issues with our Telephone Lines

October 13, 2016: Staffing Changes at the Financial Services Commission In its continuing efforts to ensure that it human resources are adequate and prepared to meet the regulatory challenges of a dynamic financial services industry, the Financial Services Commission...

May 24, 2016: Turks and Caicos Regulator Engages Leading Reinsurance Industry Professionals The Turks and Caicos Islands Financial Services Commission ("Commission") met today with 20 leading reinsurance experts to elicit their views on proposed improvements to the...

April 27, 2016: TCI Risk and Compliance Seminar – April 4th to 6th, 2016 The Bahamas Institute of Financial Services (BIFS) in collaboration with the Turks and Caicos Financial Services Commission (TCFSC) facilitated a three-day seminar on the fundamentals of risk...

April 13, 2016: TCI Financial Services Commission Accepted as Full Member Of IOSCO The Financial Services Commission announced today that it has been accepted as a full member of the International Organization of Securities Commissions (IOSCO).

April 8, 2016: The FSC Makes Statement in Light of the Panama Papers Scandal The TCI Financial Services Commission has confirmed that the Panamanian law firm at the centre of the Panama Papers scandal, Mossack Fonseca, is not licensed and does not operate...

March 22, 2016: Governor Announces Appointment Of New FSC Head Governor Peter Beckingham announced on 11 December that he was pleased to accept the recommendation of the Financial Services Commission’s Board to appoint Niguel Streete as the next Managing Director of...

January 12, 2016: Commission commends member of staff on obtaining Industry recognised STEP Diploma in International Trust Management The FSC congratulated Ms. Yesicha Robinson, a Banking, and Trust Officer at the Commission, on successfully completing all four...