News
JAM | Jan 16, 2023

Special auditor appointed to SSL

Tamoy Ashman

Tamoy Ashman / Our Today

Reading Time: < 1 minute
SSL Jamaica’s Hope Road headquarters in St Andrew. (Photo: Facebook @SSLJamaica)

The Financial Services Commission (FSC) has appointed a Special Auditor for Stocks and Securities Limited (SSL).

Last week it was reported that millions were stolen from multiple customers of the investment centre and an investigation was ongoing. It was then revealed that sprint legend and Olympic champion Usain Bolt was among those whose funds were allegedly stolen.

According to the FSC, this appointment comes after an announcement last week about the enactment of an enhanced Supervisory regime for SSL.

In a release today (January 16) the FSC stated that the Special auditor will assist them in their “enhanced supervision of the entity and the continuing investigations into its operations.”

They further noted that “SSL is allowed to continue its business operations but must seek the approval of the regulator for transactions involving the intake and payout of funds to clients.”

The FSC is a self-financing regulatory body that investigates, supervises and sanctions entities that are falling under its jurisdiction. It also oversees the conduct of firms and individuals doing business at insurance agencies and brokers, investment advisors and much more.

Tags
Financial Services Commission Jamaica SSL Usain Bolt

Comments

What To Read Next

News JAM Dec 8, 2025

Danielle Archer resigns as principal director of National Integrity Action

Reading Time: < 1 minuteDanielle Archer, the Principal Director of National Integrity Action (NIA), one of Jamaica’s foremost anti-corruption bodies, has resigned from her position. The organisation announced on Monday that her resignation will take effect on December 31.

Archer, who replaced NIA founder Professor Trevor Munroe in May 2023, has been a prominent and vocal critic of the nation’s governance framework. Her outspokenness often drew sharp criticism from members of Jamaica’s political directorate during her tenure.
News JAM Dec 8, 2025

MUJ 2025 Dr Henry still receiving medical care in Thailand, expected to return to Jamaica soon

Reading Time: 2 minutesThe Miss Universe Organisation (MUO) says Miss Universe Jamaica 2025 Dr Gabrieele Henry continues to receive specialised medical care in Thailand and will soon return to Jamaica under full medical supervision.

Henry suffered a serious fall through an opening on the stage while performing her walk during the preliminary competition on November 19, 2025, resulting in an intracranial haemorrhage with loss of consciousness, a fracture, facial lacerations and other significant injuries.
News JAM Dec 8, 2025

JLP officer corp re-elected en bloc by central executive

Reading Time: < 1 minuteThe Jamaica Labour Party’s (JLP) Central Executive, which met on Sunday, December 7, has passed two resolutions for intensified support for citizens impacted by Hurricane Melissa and the cancellation of the party’s conference and reelection en bloc of the officer corps of the JLP.

“The Central Executive passed on its condolences to families who have lost loved ones and took note of Jamaicans who are still without basic services: electricity, water, internet service, roadways, and proper garbage collections,” Robert Montague, Chairman of the JLP, said.