Modernizing Barbados’ legislative and regulatory framework for non-bank financial services
To reform and modernize Barbados' legal and regulatory framework for non-bank financial services, particularly related to pensions, insurance, credit unions, and microfinance, and to strengthen the institutional capacity of the Financial Services Commission (FSC) of Barbados to implement and monitor effective risk-based supervision of a modernized legislative and regulatory framework.

Project Detail

Country

Barbados

Project Number

BA-T1137

Approval Date

December 8, 2025

Project Status

Implementation

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL REGULATION AND SUPERVISION

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 200,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 200,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/CO-22234-BA Sovereign Guaranteed USD - United States Dollar Compete Caribbean + Trust Fund Nonreimbursable
Operation Number ATN/CO-22234-BA
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Compete Caribbean + Trust Fund
  • Financial Instrument: Nonreimbursable