A senior representative from the Turks and Caicos Islands Financial Services Commission (TCIFSC) attended the Group of International Insurance Centre Supervisors (GIICS) Annual Seminar and Annual General Meeting (AGM) in London, England; 2–3 June 2026. The Commission, represented by Kenisha Bacchus, Managing Director (Ag), engaged with insurance regulators from international financial centres to discuss regulatory developments, supervisory priorities and emerging risks in the

The Turks and Caicos Islands Government has recorded a robust start to the 2026/27 financial year, with first-quarter revenues exceeding budget expectations and reinforcing the territory's strong fiscal position. Premier and Minister responsible for Finance Hon. Washington Misick The impressive performance was highlighted by Premier and Minister of Finance Hon. Washington Misick during his presentation of the Supplementary Appropriation (No. 1) Bill, 2026, and the First Sup

The Turks and Caicos Islands Financial Services Commission (FSC) is warning residents and businesses to be on high alert following reports of scammers posing as Commission representatives in an attempt to obtain sensitive financial information. Kenisha Bacchus, Acting Managing Director, FSC According to the FSC, fraudsters are making telephone calls while falsely claiming to represent the Commission. In some cases, the callers are using spoofed caller ID technology to display

News Release InterHealth Canada today regrets to announce that it has had no option but to terminate its contract to provide healthcare services in the Turks and Caicos Islands (TCI). This follows the failure of the Turks and Caicos Islands Government ("TCIG") to meet its contractual payment obligations. To ensure continuity of care for patients, InterHealth Canada will continue providing healthcare services throughout the contractual handover period while responsibility for

The People's Democratic Movement (PDM) is questioning why Turks and Caicos Islanders are being asked to provide extensive personal and financial information to qualify for the Government's $500 cost-of-living payment, calling on the Hon. Washington Misick Administration to explain how the information will be used and whether it will be shared with other agencies. Our people should not receive less relief while giving up more of their privacy The Opposition says applicants a

The Government is stepping up efforts to strengthen consumer protection with a nationwide compliance drive aimed at ensuring retail businesses comply with the Consumer Protection Ordinance. The Department of Trade, Industry and Fair Competition has announced that inspections of retail establishments across the Turks and Caicos Islands will form part of the initiative. Businesses in Providenciales have been advised that inspections will be conducted from July 13–17, 2026. The

The Financial Intelligence Agency of the Turks and Caicos Islands (FIATCI) joins Financial Intelligence Units (FIUs) globally in observing the inaugural International FIU Day on 9 June 2026. On this International FIU Day we recognize the essential role that Financial Intelligence Units play in protecting financial systems and supporting the fight against money laundering, terrorist financing, and related financial crimes. International FIU Day provides an opportunity to highl

The Financial Services Commission (FSC) is aware of the recent delayed posting of certain Visa debit point-of-sale transactions by Scotiabank (Turks & Caicos) Limited and has been in regular communication with the Bank since the matter was first reported. Kenisha Bacchus, Managing Director (Ag), FSC Scotiabank has advised the Commission and its customers that the delays were caused by a processing issue linked to a system change by the Bank’s card service provider. The Bank

The Inland Revenue Department (IRD), under the Ministry of Finance, Economic Development, Investment, and Trade, wishes to advise the business community and the general public that the renewal period for Business Licences for the Financial Year 2026/2027 will commence on April 1, 2026, and end on April 30, 2026. Hon. Washington Misick, Premier and Minister of Finance, Investment and Trade Businesses are strongly encouraged to submit their renewal applications and payments w

Deputy Premier and Minister of Immigration and Border Services Jamell Robinson says the Government is intensifying efforts to recover outstanding customs and import duty payments, with more than $200,000 already collected in recent weeks. Deputy Premier and Minister of Immigration and Border Services Hon. Jamell Robinson Speaking on Radio Turks and Caicos’ First Edition, Robinson addressed public concerns following reports that courier companies owed significant sums to the

Chair of the Expenditure Committee Hon. Tamell Seymour informed the House of Assembly on Friday March 13th that the Turks and Caicos Islands Government ended the 2025–2026 fiscal period with a budget surplus largely attributed to underspending rather than revenue exceeding projections. Hon. Tamell Seymour, Member of Parliament for South Caicos and Chair of the Expenditure Committee Presenting the committee’s findings during debate on the Audited Half-Year Report for April 1

The Turks and Caicos Islands Government has announced sweeping changes to its Treatment Abroad Programme (TAP), removing work permit holders from eligibility and tightening residency requirements, citing spiralling costs that officials say are no longer sustainable. Premier Charles Washington Misick Premier Washington Misick made the announcement during his State of the State Address on Thursday, February 26, at The Shore Club, drawing applause from attendees as he outlined

The Turks and Caicos Islands Government’s new e-Pay system has generated more than $1 million in revenue in less than two weeks, marking what officials describe as a strong start for the territory’s push toward digital transformation. Minister of Innovation, Technology and Energy Hon. E. Jay Saunders The electronic payment platform, which was officially launched on Friday, February 13, 2026, is already showing impressive uptake among residents and businesses. Speaking to Ne

An Op-Ed by Paladin Invest Turks and Caicos has launched a new Fisheries Pilot Programme to help local fisherfolk transition from survival-based practices to sustainable, profit-generating businesses. Eighteen participants across the islands are receiving up to $50,000 each in funding, along with technical training and business coaching to improve record keeping, financial management, and operations. The pilot is backed by $1 million in Cabinet-approved funding and aims to st

The Turks and Caicos Islands Financial Services Commission (FSC) continues to demonstrate its commitment to cor-porate social responsibility and community partnership through a recent visit and donation to the Marion Williams Special Needs Association of Providenciales (SNAP) Centre in Kew Town. FSC and SNAP outside Senior leadership of the FSC’s Providenciales office visited the SNAP Centre this week, where essential nutritional items were donated in support of the student

Hon. E. Jay Saunders, Minister of Innovation, Technology and Information and Co-Chair of TCI Finance Ltd, has issued a candid assessment of the Turks and Caicos Islands’ financial services sector, warning that the country continues to lag significantly behind regional competitors such as Bermuda, the Cayman Islands and the British Virgin Islands. Hon. E. Jay Saunders delivering the keynote speech at the 1st Annual General Meeting of the TCI Finance Ltd. Delivering the keyno

The Turks and Caicos Islands (TCI) has on Wednesday announced the formal launch of TCI Finance, a flagship initiative designed to...