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Jamaica's churches report a combined $17 billion in assets, reflecting cash income as at ...

New Friendly Societies bill passed in Parliament Camillo Gonsalves, Minister of Finance. Social Share THE FRIENDLY Societies Act of 1843, described as “likely to be archaic” by Finance Minister Camillo Gonsalves, has been replaced by the St. Vincent and the Grenadines Friendly Societies Act 2021. The Act was introduced at the July 6 sitting of the House of Assembly and Minister Gonsalves noted that the architect and primary driver of this piece of legislation was Sir Louis Straker. He said Sir Louis, now retired from active politics, made it a priority to deliver the Consum...

Abstract Funeral insurance is an example of a practice that has evolved from the grass-roots burial clubs that developed from the 18th century as a response to the social anxiety wrought by the threat of a pauper's funeral. Largely accessed by the poor and working classes to avoid this social stigma, burial clubs commodified a social risk into a manageable and controllable financial arrangement. We explore this phenomenon through the lens of moral panic to trace the calculative practices that recast the social anxiety of a pauper's funeral into the novel metric of a ‘funeral benefit’. Ope...

First published by Global Legal Group, January 2021. The subscription credit and fund finance markets have remained relatively robust over the course of 2020, though the COVID-19 pandemic has presented certain challenges for market participants. Growth in this area over the past few years was driven in part by expansion of the product into a broader range of fund types, increasing take-up by fund sponsors who had not traditionally used the product in their fund families, record levels of fundraising and an increasing number of net asset value (NAV) facility closings. Overview While certain ba...

AZAN Emanuel Azan, founder of the charity Kingdom Outreach International, arrived in the island last week Wednesday armed with 11 tablets which he was hesitant about shipping in the barrels. Azan, who was born and grew up in Farm, Clarendon, said he wanted to help the children from that community with the devices because many of them have missed out on the distributions of the devices. He said it was that sense of urgency that saw him not putting the devices in the barrels that will soon be ready for clearance at the wharves, as well as the thought that he has had several items missing from h...