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Jamaica’s FTC releases preliminary draft on credit reporting industry

( November 1, 2024, 19:40 GMT | Official Statement) -- MLex Summary: The Jamaican Fair Trading Commission has released a preliminary draft of its comprehensive study on the country's credit reporting industry, launched in 2022 to assess competition and consumer protection in the sector. The report examines the competitive landscape, regulatory framework, and performance of Jamaica’s credit bureaus, incorporating insights from interviews and surveys with Credit Information Providers (CIPs) and Credit Information Users (CIUs). Stakeholders are invited to review the draft and submit feedback by Nov. 30 to help refine the findings.Statement follows below:...

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