Jamaica

Jamaica; Leaders of the Government’s advisory team to help develop the structure, institutional entities and overall strategy for state intervention in the insolvent insurance and banking sectors. This also included advising on creation of the ‘lifeboat’ company (FINSAC), the initial intervention negotiations and procuring and managing emergency forensic audits. CFAS acted as prime contractor on behalf of the Government for retention of the KPMG and Ernst & Young teams in preparation for the subsequent involvement by a World Bank team to manage the divestment and re-capitalisation process.