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The Practice Period: A Distinctive Caribbean Approach to Regulatory Transition
May 3, 2026by Dr Dawkins Brown
Most countries that have adopted Twin Peaks waited for the legislation before changing how they supervise. Jamaica is doing it differently. Two years before the statutes arrive, the Bank of Jamaica and the Financial Services Commission are operating a structured Practice Period — joint examinations, jointly developed standards, capacity-building, cultural alignment — that builds the...
