Licensee Numbers
Number of Licensees (as at end of March each year)
 

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

Credit Institutions

  Branches 9 8 7 7 8 8 8 6 5 7
  Banks (Locally Incorporated) 10 11 10 10 10 10 10 12 13 11
  E-Money               1 1 1
  Total 19 19 18 17 18 18 18 19 19 19
                         

Insurance

  Companies                    
    Life 1 2 2 2 3 3 3 4 6 6
    Non-life 6 10 16 24 30 33 37 37 40 41
    Reinsurance Captives 4 4 4 3 3 3 3 3 4 4
    Pure Captives 6 6 10 10 10 11 13 15 13 12
    Total 17 22 31 39 46 50 56 60 63 63
                         
  Intermediaries                    
    Life - - 20 20 20 20 21 19 17 11
    Non-Life - - 7 8 9 10 9 10 11 15
    Total 27 29 27 28 29 30 30 29 28 26
                         
  Managers 7 7 6 6 8 8 8 8 9 8
                         

Investment

  Investment Firms                    
    Dealers 6 8 6 4 5 5 6 5 5 5
    Managers 18 18 17 18 20 20 25 24 22 21
    Principal Dealer 0 0 0 0 0 1 2 0 0 0
    Total 24 26 23 22 25 26 33 29 27 26
                         

Collective Investment Schemes

  Recognised Schemes 44 44 44 42 42 43 43 46 47 30
  Authorised Schemes 1 1 2 4 4 5 3 3 3 2
  Experienced Investor Funds - - - - - 6 21 31 45 66
  Total 45 45 46 46 46 54 67 80 95 98
                         
  CIS Managers and Depositories 1 3 2 3 2 1 1 1 1 1
  CIS Administrators - - 0 1 2 4 7 10 10 10
                         

Trust & Company Service Providers

83 78 78 80 82 82 87 72 87 74

Institutions for Occupational Retirement Provision

- - - - - - - 0 2 4

Money Services Businesses

Bureaux de Change Not Regulated by the FSC during this time 11 13
Money Transmitters Not Regulated by the FSC during this time 6 3
Total   17 16

  1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Banks 29 26 29 28 26 25 28 26 22 19 19 18 17 18 18 18 19 19 19
Insurance Companies 14 12 12 12 12 12 16 16 13 17 22 31 39 45 50 56 60 63 63
Insurance Intermediaries 19 14 18 19 17 17 17 22 24 27 29 27 28 29 30 30 29 28 26
Investment Firms 7 12 13 15 12 11 11 17 27 28 28 27 27 25 26 33 29 27 26
Company Managers/Professional Trustees -   72 77 77 74 75 81 84 83 78 78 80 82 82 84 72 87 74
Insurance Managers - - - - - 3 4 8 7 7 7 7 6 8 8 8 8 9 8
Money Services Business - - - - - - - - - - - - - - - - - 17 16