About us
Under the Monetary Authority Act, the St Lucia Island Monetary Authority (FSRA) was established by the St Lucia Island Government and began its operations on Jan. 15, 1994, to regulate and oversee the financial services industry in the St Lucia Island.
FSRA is responsible for strengthening the St Lucia Island‘ ability to maintain a robust, well-regulated financial services framework and ensuring monetary stability. It was formed through the merger of the St Lucia Island Government’s Financial Services Supervision Department and the St Lucia Island Currency Board, inheriting the responsibilities, duties, and activities of both entities.
Since its creation, FSRA has expanded its role and, through continuous legislative developments, has acquired more clearly defined functions, duties, powers, and obligations. This has enhanced its capacity to meet international standards while ensuring greater accountability and transparency.
External Dispute Resolution
The Financial Commission is an external dispute resolution (FEC) organization designed for consumers and traders who are unable to resolve disputes with financial services providers that are members of the Commission. Official Website
Experienced, Qualified Impartial Review
The Financial Commission was established to offer a fresh approach for both traders and brokers to resolve issues that may occur during Forex market trading. The Commission handles a wide range of disputes, regardless of their monetary value. We give traders a platform to ensure they are treated fairly, while also providing brokers with a fair process to address complaints that may have been unjustly filed against them.
- The Dispute Resolution Committee (DRC) brings over 50 years of experience in financial trading.
- Our qualified Board of Directors ensures the fair treatment of all parties involved.
- We offer a faster resolution process compared to traditional regulatory bodies or judicial reviews.
- Membership is open to brokers of all sizes and from any country.
Our Mission
To safeguard and strengthen the integrity of the financial services industry in the St Lucia Island.
Vision Statement
A prosperous, innovative, and well-regulated financial services system and currency in the St Lucia Island that aligns with international standards and delivers value to its stakeholders.
Our Values
A prosperous, innovative, and well-regulated financial services system and currency in the St Lucia Island that aligns with international standards and delivers value to its stakeholders.
- Teamwork: We empower one another to perform at our highest potential.
- Accountability: We take responsibility for our actions and commitments, holding ourselves and each other accountable.
- Excellence: We strive to achieve the highest standards of performance.
- Collaboration: We reach common goals through effective and cooperative working relationships.
- Integrity: We promote and expect honesty and ethical conduct from all our employees.
- Respect: We value the public’s trust by showing respect in all interactions, considering diverse perspectives, and treating others as we would like to be treated.
