Minister of Finance, Hon. Washington Misick today announced the re-launch of the TCI Financial Services Working Group. Comprising of senior government representatives, leading members of the private sector, and the CEO of Invest TCI.
The Group has been formed for the purpose of creating and implementing a strategy to grow the financial services industry in the Turks and Caicos by sponsoring and helping to implement new legislation, new products, and better regulation to support the growth and development of an international financial services industry.
Hon. Misick stated; “With the recent welcome modernization of our Trusts law, we have begun our work to create the legislative support for a thriving financial services industry in the Turks and Caicos. TCIG, supported by the Group, is about to embark on a substantial exercise to update our Companies and Insolvency legislation in consultation with the private sector, and we are actively pursuing a number of initiatives with the goal of creating a thriving financial services industry that can provide Government revenue, and good quality, professional careers for Turks and Caicos Islanders.”
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