You've probably heard of LLCs, partnerships and sole proprietorships. But Jamaica now has another business structure that many investors and business owners have never heard of: Segregated Accounts Companies (SACs).
JIFSA Acting CEO Rickie Davis explains how SACs work, how they separate and protect assets, and why they are becoming an important tool for investment funds, financial institutions and other businesses.
Could this new structure help make Jamaica a more competitive financial centre?