Executive Director of FSC resigns amid SSL scandal
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Everton McFarlane, executive director of the Financial Services Commission, has resigned.
Everton McFarlane, executive director of the Financial Services Commission (FSC), has resigned.
McFarlane’s resignation comes as the regulatory body remains under scrutiny for its perceived failures in conducting oversight of Stocks and Securities Limited (SSL) and after a press conference yesterday (January 18) at which FSC officials dodged questions around the ongoing scandal.
The resignation takes effect on Friday (January 20).
Bank of Jamaica (BOJ) Chief Prudential Officer Major Kerron Burrell is to act as FSC executive director.
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