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Financial Service Unit of the Commonwealth of Dominica information


Financial Service Unit
Agency overview
Formed2008 (2008)
TypeRegulates: Offshore banks, Credit unions, Insurance companies, Money services businesses, Financial entities
JurisdictionCaribbean
HeadquartersCaribbean
Agency executive
  • Claudius Lestrade, Director
Parent agencyMinistry of Finance
Websitefsu.gov.dm

The Financial Service Unit of the Commonwealth of Dominica or (FSU) is the main financial regulatory authority in the Island of Dominica, it is one of the most stringent financial authorities in the Caribbean and is a major participant in the offshore regulatory framework. Dependent on the Ministry of Finance the Financial Service Unit regulates all Offshore Banks, Credit Unions, Insurance Companies, Money Service Businesses, Gaming Companies and Other Financial Entities.

The authority of the Financial Services Unit (FSU), which is a department within the Ministry of Finance, covers the financial sector in Dominica. The FSU supervises and regulates all the financial sector within the island with the exception of Commercial Banks and Securities Business[1]

  1. ^ "Ministry of Finance - Government of the Commonwealth of Dominica". www.dominica.gov.dm. Retrieved 2022-08-24.

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