Procurement Summary
Country: Jamaica
Summary: Technical Expert for Assessment of the Regulatory Arrangement for Stock Market in Jamaica
Deadline: 13 May 2026
Posting Date: 02 May 2026
Other Information
Notice Type: Tender
TOT Ref.No.: 140566587
Document Ref. No.: EOI/FSC 01-2026
Competition: ICB
Financier: Self Financed
Purchaser Ownership: Public
Tender Value: Refer Document
CPV Classification
79412000 - Financial management consultancy services
71621000 - Technical analysis or consultancy services
72221000 - Business analysis consultancy services
79410000 - Business and management consultancy services
79400000 - Business and management consultancy and related services
66171000 - Financial consultancy services
Purchaser's Detail
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Login to see detailsTender Details
In 2023, Jamaica embarked on adopting a Twin Peaks model of financial sector regulation. Under this framework, once it is implemented, Bank of Jamaica (BOJ) will have responsibility for the micro-prudential supervision of not only Deposit-Taking Institutions (DTIs) - commercial banks, building societies, merchant bank and credit unions, but also Non-Bank Financial Institutions (NBFIs) - securities dealers, insurance companies and pension funds. Additionally, the Financial Services Commission (FSC) will be transformed into a new Market Conduct and Consumer Protection regulator, focusing on business conduct and consumer protection for all financial services providers. The transition to the twin peaks model will involve significant legal reform and institutional restructuring. As Jamaica proceeds to undertake these significant reforms, it is considered timely to evaluate the efficacy of the regulatory arrangement of the stock market in an effort to incorporate any legislative and regulatory adjustments needed to maintain investor protection, market integrity, and efficiency of the capital market. The service of a technical expert is being sought to undertake a comprehensive assessment of the regulatory arrangement for the stock market in Jamaica and recommend the necessary amendments to strengthen the stock market regulations, aligning them to international standards.
Competition unique ID: 2077/71
Procurement Method: Open - ICB
Procurement Type: Services
Re-Tender flag: Re-Tender
Special and Differential Treatment (SDT): No Special & Differential Treatment
Funding Source: Government of Jamaica
PPC-NCC Categories: S0130-Consulting Services - General
Date of Publication/Invitation: 01/05/2026 18:22 UTC-5
Bid Opening Date: 13/05/2026 15:10 UTC-5
Original deadline for bid submission: 13/05/2026 15:00 UTC-5
Documents
Tender Notice
Document_1.pdf
140566587.zip