Nov 20, 2017 Last Updated 10:16 AM, Nov 8, 2017

The Minister of Finance & the Public Service

The Honourable Minister Audley Shaw CD, MP, Minister of Finance and the Public Service. He is a graduate of Northern Illinois University (NIU) with a Bachelor of Arts and Master of...

Minister of State in the Ministry of Finance and the Public Service

The Honourable Rudyard Spencer, CD, MP is Minister of State (Public Service), with the Ministry of Finance and Public Service. Minister Spencer studied Industrial Relations at Medg...

Minister of State in the Ministry of Finance and the Public Service

The Honourable Fayval Williams, MP, is Minister of State in the Ministry of Finance and the Public Service. Minister Williams is a Chartered Financial Analyst (CFA), and holds an M...

What are the Acts and/or Regulations that govern the FID?

The Proceeds of Crime Act (POCA) (May 20, 2007) is the main Act governing the FID, along with the Terrorism Prevention Act and Regulations. Under POCA a person commits an offence if that person;

  • engages in a transaction that involves criminal property (drug trafficking, fraud, corruption, extortion)
  • conceals, disguises, disposes of or bring into Jamaica any such property. Concealing or disguising property includes concealing, disguising the nature of the property, source, location, disposition, movement or ownership of property.
  • Enters into an arrangements that facilitates the acquisition, retention, use or control of the criminal property by or on behalf of another person knowing the property to be illegal.
  • Converts transfer or removes any such property from Jamaica knowing it to be criminal property.
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