Press Releases

Services During the Mandatory Lockdown Click here for incoming wiring instructions - TCIFSC The Commission’s in-office operations will be suspended effective 3:00pm on Friday, 27 March 2020, in response to the lockdown announced by the Premier, Hon. Sharlene...

March 23, 2020: COVID-19 Pandemic The Turks and Caicos Islands Financial Services Commission - the regulator/supervisor of financial and designated non-financial businesses, non-profit organisations, and administrator of the commercial registry in the Turks and Caicos...

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...